Exxon Mobil Corp.

ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027. "Our sixth multi-billion-dollar project in Guyana will bring the country's production capacity to approximately 1.3 million [...]

Exxon Mobil Corp., which has been serving wax customers for more than 125 years, is affirming its commitment to the industry by introducing a new product brand, Prowaxx™. The new architecture allows for differentiation between waxes and takes effect April 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402412988/en/ "Prowaxx is more than just a new [...]

Double E Pipeline, LLC announced today the launch of a non-binding open season to solicit expressions of interest for firm transportation service on its system. The Open Season will commence at 4:00 p.m. Central Time on Monday, April 1, 2024, and will end at 2:00 p.m. Central Time on Monday, April 29, 2024. Double E is soliciting non-binding bids for firm transportation service under Rate Schedule FTS of Double E's [...]

Exxon Mobil Corp. today announced Neil Chapman, senior vice president, will conduct a fireside chat at Morgan Stanley's Energy & Power Conference at 12:00 p.m. ET in New York on March 6, 2024. To access the live webcast, visit https://morganstanley.webcasts.com/starthere.jsp?ei=1660465&tp_key=6c146265d7. An archived, audio portion of the webcast will be available on the ExxonMobil website approximately 24 hours after the [...]

Exxon Mobil Corp. announced today that the securities commissions for the provinces of Alberta and Ontario have issued a decision document , which has the effect of granting ExxonMobil exemptive relief from the disclosure requirements contained in National Instrument 51-101 - Standards of Disclosure for Oil and Gas Activities . As a result of the Decision, and provided that certain conditions set out in the Decision are [...]

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Mobil 1™ and TRD USA announced today the first-of-its-kind expansion of the iconic brands' long-standing motorsports relationship, which includes Mobil 1 primary assets across all three of Toyota's NASCAR Cup Series teams - Joe Gibbs Racing , 23XI Racing , and LEGACY MOTOR CLUB - along with continued primary placements within multiple other racing series that Toyota competes in including NHRA Mission Foods Drag [...]

Exxon Mobil Corp. will release its fourth quarter 2023 financial results on Friday, February 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. Chairman and Chief Executive Officer Darren Woods, Senior Vice President and Chief Financial Officer Kathy Mikells, and Vice President of Investor Relations Jennifer Driscoll will review the results [...]

ExxonMobil today gave an update to its Corporate Plan through 2027, reflecting continued execution of its strategy to provide the products society needs and to lower emissions, both its own and others'. Since 2019, solid execution of ExxonMobil's strategy has increased the earnings power of the corporation, adding about $10 billion to its annual earnings and cash flow at a real Brent price of $60 per barrel. These [...]

ExxonMobil started production today at Payara, Guyana's third offshore oil development on the Stabroek Block, bringing total production capacity in Guyana to approximately 620,000 barrels per day. The Prosperity floating, production, storage and offloading vessel is expected to reach initial production of approximately 220,000 barrels per day over the first half of next year as new wells come online. This additional [...]