Exxon Mobil Corporation (NYSE:XOM) today announced that its Port Allen aviation lubricants plant has achieved full production for the entire line of Mobil Jet™ engine lubricants. The state-of-the-art aviation lubricants blending, packaging and distribution facility started shipping product worldwide in August after receiving regulatory approvals. The 90,000 square foot facility is part of a $200 million investment [...]
Exxon Mobil Corporation (NYSE:XOM) today announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria. The Owowo-3 well, which was spud on Sept. 23, encountered about 460 feet (140 meters) of oil-bearing sandstone reservoir. Owowo-3 extends the resource discovered by the Owowo-2 well, which encountered about 515 feet (157 [...]
FuelCell Energy, Inc. (Nasdaq: FCEL) and ExxonMobil (NYSE: XOM) announced today the selection of a location to test novel fuel cell carbon capture technology under development by the companies. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20161027005404/en/ The James M. Barry Electric Generating Station, a 2.7 gigawatt mixed-use coal and gas-fired power [...]
The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 75 cents per share on the Common Stock, payable on December 9, 2016 to shareholders of record of Common Stock at the close of business on November 10, 2016. This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2016. Through its dividends, the corporation has shared its success with its [...]
Exxon Mobil Corporation (NYSE:XOM) will release third quarter financial results on Friday, October 28, 2016. 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) 600-4869 [...]
ExxonMobil is expanding its Exceed™ XP – when eXtreme Performance matters – portfolio with the introduction of new grades at its K2016 pavilion (FG04) in Dusseldorf, Germany, from 19-26 October. These new grades deliver exceptional performance advantages for resin converters and end-users in applications that include films for soft-shrink and food lamination packaging and greenhouses. This Smart News [...]
ExxonMobil is expanding its Exceed™ XP – when eXtreme Performance matters – portfolio with the introduction of two new grades at its K2016 pavilion (FG04) in Dusseldorf, Germany from 19-26 October. These new grades deliver performance advantages for film converters and end-users in applications that include agriculture and horticulture greenhouses and large tunnels. This Smart News Release features [...]
SINGAPORE and PORT MORESBY, Papua New Guinea, Oct. 10, 2016 /PRNewswire/ -- InterOil Corp. (NYSE: IOC, POMSox: IOC) today announced that, after the close of business on October 7, 2016, the Supreme Court of Yukon approved the pending transaction ("the transaction") with Exxon Mobil Corp. (NYSE: XOM), including finding that the transaction is fair and reasonable. The decision of the Supreme Court of Yukon followed a [...]
The National Basketball Association (NBA) and ExxonMobil (NYSE:XOM) today announced a new multiyear marketing partnership, making ExxonMobil an official marketing partner of the NBA, Women’s National Basketball Association (WNBA), and NBA Development League (NBA D-League) in the United States and China. This Smart News Release features multimedia. View the full release here [...]
Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service. It is anticipated that the board of directors will elect Randall Ebner as vice president and general counsel, Exxon Mobil Corp.. Ebner is currently assistant general counsel, Exxon Mobil Corp.. A native of Austin, Texas, Balagia joined the [...]
SINGAPORE and PORT MORESBY, Papua New Guinea, Sept. 21, 2016 /PRNewswire/ -- InterOil Corp. (NYSE: IOC; POMSoX: IOC) today announced that at a Special Meeting held today, its shareholders overwhelmingly voted to approve the transaction with Exxon Mobil Corp. (NYSE: XOM). Of the votes cast at the Special Meeting, more than 80 percent were in favor of the proposed transaction. "I would like to thank our shareholders for [...]
ExxonMobil and Princeton University today announced the selection of five research projects associated with their partnership focused on energy technologies. The projects will center on solar and battery technologies, plasma physics, Arctic sea-ice modeling, and the impact of carbon dioxide absorption on the world’s oceans. This announcement follows ExxonMobil’s June 2015 commitment to contribute $5 million [...]