Exxon Mobil Corp.

Exxon Mobil Corporation (NYSE:XOM) announced today that it is allocating $500,000 for contributions to regional Red Cross organizations along the U.S. Gulf Coast to assist with relief efforts in communities expected to be impacted by Hurricane Harvey. "Our thoughts and prayers are with the residents of Texas and Louisiana Gulf Coast communities currently in the path of Hurricane Harvey," said Darren W. Woods, ExxonMobil [...]

Exxon Mobil Corporation (NYSE:XOM): Funded Phase 1 of world-class Guyana Liza development, with first oil expected by 2020 Progressed investments in advantaged manufacturing sites and acquired strategic assets in Singapore to meet growing product demand Cash flow from operating activities covered second quarter dividends and additions to property, plant and equipment Second Quarter ...

The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.77 per share on the Common Stock, payable on September 11, 2017 to shareholders of record of Common Stock at the close of business on August 14, 2017. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2017. Through its dividends, the corporation has shared its success with its [...]

Exxon Mobil Corporation (NYSE:XOM) today announced it has discovered additional oil in the Payara reservoir offshore Guyana, increasing the total Payara discovery to approximately 500 million oil-equivalent barrels. These positive well results increase the estimated gross recoverable resource for the Stabroek Block to between 2.25 billion oil-equivalent barrels and 2.75 billion oil-equivalent barrels. The well was [...]

Exxon Mobil Corporation (NYSE:XOM) will release second quarter results on Friday, July 28, 2017. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com. Jeff Woodbury, vice president of Investor Relations, 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 calling (888) 401-4691 (United States [...]

ExxonMobil said today it has launched a legal challenge to a finding by the Treasury Department’s Office of Foreign Assets Control (OFAC) that it violated U.S. sanctions against Russia in 2014 when the company followed authoritative and specific guidance from the Obama administration that OFAC retroactively changed a year later. “OFAC seeks to retroactively enforce a new interpretation of an executive order [...]

The University of Wisconsin-Madison and ExxonMobil have announced a two-year renewal of an agreement to research the fundamental chemistry of converting biomass into transportation fuels. The research is part of a broad effort to identify scalable and commercially viable solutions to help meet increasing global energy demand with a renewable resource. This Smart News Release features multimedia. View the full release [...]

Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary ExxonMobil Exploration and Production Suriname B.V., along with co-venturers Hess and Statoil, signed a production sharing contract for Block 59 with Staatsolie Maatschappij Suriname N.V., the national oil company of Suriname. The block adds significant acreage to ExxonMobil’s operated portfolio in the Guyana-Suriname Basin. Deepwater Block 59 is [...]

Scientists from Exxon Mobil Corporation (NYSE:XOM) and Synthetic Genomics, Inc. will hold a press briefing today at the 2017 BIO International Convention in San Diego to discuss a breakthrough in the companies’ research into the development of algae biofuels involving the modification of an algae strain that more than doubled its oil production without significantly inhibiting the strain’s growth. Results of [...]

ExxonMobil and Synthetic Genomics Inc. today announced a breakthrough in joint research into advanced biofuels involving the modification of an algae strain that more than doubled its oil content without significantly inhibiting the strain’s growth. Using advanced cell engineering technologies at Synthetic Genomics, the ExxonMobil-Synthetic Genomics research team modified an algae strain to enhance the algae’s [...]