Exxon Mobil Corp.

Exxon Mobil Corp. will release second quarter 2021 financial results on Friday, July 30, 2021. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Darren Woods, chairman and chief executive officer; Jack Williams, senior vice president; and Stephen Littleton, vice president of investor relations and secretary, will review the results during a live, listen-only conference [...]

ExxonMobil and SABIC announced today that their joint venture, Gulf Coast Growth Ventures located near Corpus Christi, Texas, has reached mechanical completion of a monoethylene glycol unit and two polyethylene units. Project startup is expected to begin ahead of schedule, likely in the fourth quarter of 2021. "Gulf Coast Growth Ventures is a key development of our plan to serve growing demand for our high value [...]

Andrew Swiger, senior vice president of Exxon Mobil Corp. , has announced his intention to retire effective Sept. 1 after more than 43 years of service. The board of directors has elected Kathryn Mikells, a former executive with Diageo, United Airlines and Xerox, as senior vice president and chief financial officer, effective Aug. 9. "I'd like to thank Andy, both personally and on behalf of the board of directors, for his [...]

ExxonMobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project in Scotland. The project plans to capture and store approximately 5-6 million tons of CO2 per year by 2030 from gas terminals at the St Fergus complex at Peterhead, Scotland, which includes ExxonMobil's joint venture gas terminal. The Acorn Project has the potential to provide more than [...]

ExxonMobil Chemical Company has signed an agreement with Celanese for the sale of its global Santoprene™ business for $1.15 billion, subject to working capital and other adjustments. The sale includes two world-scale manufacturing sites in Pensacola, Florida and Newport, Wales along with associated product, process development and laboratory equipment, operating and administration buildings, control systems and [...]

ExxonMobil today released the final election results of the 2021 Annual Meeting of Shareholders as confirmed by the independent election inspector. The ExxonMobil board of directors will consist of Michael Angelakis, Susan Avery, Angela Braly, Ursula Burns, Kenneth Frazier, Gregory Goff, Kaisa Hietala, Joseph Hooley, Steve Kandarian, Alexander Karsner, Jeffrey Ubben and Darren Woods. Douglas Oberhelman, Sam Palmisano and [...]

ExxonMobil today said it made a discovery at Longtail-3 in the Stabroek Block offshore Guyana. Drilling at Longtail-3 encountered 230 feet of net pay, including newly identified, high quality hydrocarbon bearing reservoirs below the original Longtail-1 discovery intervals. The well is located approximately two miles south of the Longtail-1 well. It was drilled in more than 6,100 feet of water by the Stena DrillMAX [...]

ExxonMobil today updated preliminary results for the election of directors at its annual meeting of shareholders held on May 26, 2021. Based on estimates by the company's proxy solicitor, shareholders are expected to elect nine ExxonMobil nominees and three Engine No. 1 nominees. "We look forward to working with all of our directors to build on the progress we've made to grow long-term shareholder value and succeed in a [...]

ExxonMobil said today that based on preliminary vote estimates by its proxy solicitor, shareholders have elected eight of ExxonMobil nominees to the board of directors and two of Engine No. 1 nominees. Vote results for five nominees were too close to call. "We welcome all of our new directors and look forward to working with them constructively and collectively on behalf of all shareholders," said Darren Woods, chairman [...]

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