Exxon Mobil Corp.

ExxonMobil signed an agreement today with Vår Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021. “Our objective is to have the strongest, most competitive Upstream portfolio in the industry,” said Neil Chapman, senior vice president of ExxonMobil [...]

 Talos Energy Inc. today announced that it has entered into two separate agreements with BP plc and Exxon Mobil Corp. related to new exploration opportunities in the U.S. Gulf of Mexico. The Company will work with BP to drill and evaluate the Puma West prospect , located in Talos-owned Green Canyon Block 821, in the fourth quarter of 2019. Additionally, Talos has acquired from ExxonMobil the Hershey prospect , located on [...]

ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block. Tripletail-1 encountered approximately 108 feet of a high-quality oil bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet of water, is [...]

ExxonMobil and Mosaic Materials said today that they have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide from emissions sources. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190826005107/en/ Mosaic Materials has progressed research on a unique process that uses porous solids, known as [...]

Exxon Mobil Corp. : First Second Quarter Quarter First Half 2019 2018 % 2019 % 2019 2018 % Earnings Summary Earnings 3,130 3,950 -21 2,350 33 5,480 8,600 -36 Earnings Per Common Share Assuming Dilution 0.73 0.92 -21 0.55 33 1.28 2.01 -36 Capital and Exploration Expenditures 8,079 6,627 22 6,890 17 14,969 11,494 30 Exxon Mobil Corp. today announced estimated second quarter 2019 earnings of $3.1 billion, or $0.73 per share [...]

The Board of Directors of Exxon Mobil Corp. today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on September 10, 2019 to shareholders of record of Common Stock at the close of business on August 13, 2019. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2019. Through its dividends, the corporation has shared its success with its shareholders [...]

ExxonMobil Chemical Synthetics announced today it is responding to customer needs by significantly increasing low viscosity polyalphaolefin synthetic base stocks production capacity and further improving the reliability of its global supply chain network. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190730005254/en/ Investment in manufacturing facilities has [...]

Exxon Mobil Corp. will release second quarter 2019 financial results on Friday, August 2, 2019. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Neil Chapman, senior vice president, and Neil Hansen, vice president and secretary, will review the results during a listen-only conference call at 8:30 a.m. CT. The earnings presentation can be accessed via webcast or by [...]

ExxonMobil said today it started production on a new high-performance polyethylene line at its Beaumont, Texas polyethylene plant. The expansion increases plant production capacity by 65 percent or 650,000 tons per year, bringing site capacity to nearly 1.7 million tons per year. This expansion builds upon supply advantages created by ExxonMobil’s two new performance polyethylene lines which began production in 2017 [...]

ExxonMobil and Global Thermostat said today that they have signed a joint development agreement to advance breakthrough technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190627005137/en/ The companies will evaluate the potential [...]