Exxon Mobil Corp. has executed the largest offshore carbon dioxide storage lease in the U.S. with the Texas General Land Office . The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage leader. "This is yet another sign of our commitment to CCS and the strides we've been able to make," said Dan Ammann [...]
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement today that ADNOC will acquire a 35% equity stake in Exxon Mobil Corp.'s proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. The agreement represents a significant investment in the United States' energy production and [...]
Exxon Mobil Corp. today announced Dan Ammann, President, Low Carbon Solutions, will conduct a fireside chat at Barclay's 38th Annual CEO Energy-Power Conference at 8:00 a.m. ET in New York on September 5, 2024. To access the live webcast, visit link. An archived, audio portion of the webcast will be available on the ExxonMobil website approximately 24 hours after the event. About ExxonMobil ExxonMobil, one of the largest [...]
Exxon Mobil Corp. will release its second quarter 2024 financial results on Friday, August 2, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer, and Jim Chapman, Vice President, Treasurer and Investor Relations, will review the [...]
ExxonMobil has signed a non-binding memorandum of understanding with SK On, a global leading electric vehicle battery developer, that opens the door to secure a multiyear offtake agreement of up to 100,000 metric tons of Mobil™ Lithium from the company's first planned project in Arkansas. SK On plans to use the lithium in its EV battery manufacturing operations in the U.S. This will contribute to ExxonMobil's goal [...]
ExxonMobil and Air Liquide today announced an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil's Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air Liquide's existing pipeline network. Additionally, Air Liquide will build and operate four Large Modular Air separation units to supply 9,000 metric tons of oxygen and up to 6,500 [...]
Craig Morford, Vice President, General Counsel and Secretary for Exxon Mobil Corp. , has announced his retirement effective July 1, 2024. The Board of Directors has elected Jeff Taylor as Vice President, General Counsel and Secretary for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611622593/en/ Craig Morford, Vice President, General Counsel [...]
LiTHOS Group Ltd. is pleased to announce it has entered into a non-binding letter of intent with 1481450 B.C. Ltd. , dated June 5th, 2024, pursuant to which the Company would acquire all of the outstanding securities of 1481450 from the securityholders of 1481450 . 1481450 has entered into an Agreement, and, at the time of Closing , will hold all of the outstanding securities of Reservoir Imaging Solutions LLC , a private [...]
Exxon Mobil Corp. announced today that Maria Jelescu Dreyfus has joined its board of directors, effective May 3, 2024. Ms. Dreyfus is CEO and founder of Ardinall Investment Management, an investment firm focused on sustainable investing and resilient infrastructure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507305368/en/ Maria Jelescu Dreyfus "With the [...]
Exxon Mobil Corp. today announced it has closed its acquisition of Pioneer Natural Resources Company . The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin. The combined company's more than 1.4 million net acres in the Delaware and Midland basins have an estimated 16 billion barrels of oil equivalent resource. ExxonMobil's Permian [...]
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