Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and prayers are with our friends and neighbors in Louisiana who have been impacted by storms and severe flooding in the region," said Rex W. Tillerson, chairman and chief executive officer of [...]
Scientists from ExxonMobil and the Georgia Institute of Technology have developed a potentially revolutionary new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. Results of the research were published today in the peer-reviewed journal Science. If brought to industrial scale, this breakthrough could reduce industry’s global annual carbon dioxide [...]
ExxonMobil announced today that it will invest $15 million as a leadership member of the University of Texas at Austin Energy Institute to pursue technologies to help meet growing energy demand while reducing environmental impacts and the risk of climate change. The joint research initiative will study transformational energy innovations including integrating renewable energy sources into the current supply mix and [...]
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 September 9, 2016 to shareholders of record of Common Stock at the close of business on August 12, 2016. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2016. Through its dividends, the corporation has shared its success with its [...]
ExxonMobil today announced plans to increase production of ultra-low sulfur fuels at its Beaumont refinery by approximately 40,000 barrels per day, further strengthening its integrated downstream portfolio while meeting environmental standards. Construction is scheduled during the second half of 2016 to install a selective cat naphtha hydrofining unit, which uses a proprietary catalyst system to remove sulfur while [...]
Exxon Mobil Corporation (NYSE:XOM) will release second quarter financial results on Friday, July 29, 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) 219-1456 [...]
SABIC and an affiliate of Exxon Mobil Corporation (ExxonMobil) (NYSE:XOM) are considering the potential development of a jointly owned petrochemical complex on the U.S. Gulf Coast. If developed, the project would be located in Texas or Louisiana near natural gas feedstock and include a world-scale steam cracker and derivative units. Before making final investment decisions, the companies will conduct necessary studies and [...]
IRVING, Texas, SINGAPORE and PORT MORESBY, Papua New Guinea, July 21, 2016 /PRNewswire/ -- ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size Boards of directors of both companies unanimously approve terms of agreement Acquisition adds to ExxonMobil resources in successful Papua New Guinea business Oil Search transaction terminated Exxon Mobil Corp. (NYSE: XOM) and [...]
SINGAPORE and PORT MORESBY, Papua New Guinea, July 17, 2016 /PRNewswire/ -- InterOil Corp. (the "Company") (NYSE: IOC; POMSoX: IOC) announced today that the unsolicited proposal to acquire InterOil, the receipt of which was publicly announced by InterOil on June 30, 2016, was made by Exxon Mobil Corp. (NYSE: XOM) ("ExxonMobil") (the "ExxonMobil Offer"). The Company's Board of Directors, in consultation with its legal and [...]
Aconex, provider of a leading cloud and mobile collaboration platform for the global construction industry, today announced a four-year enterprise agreement with ExxonMobil Global Services Company, the world's largest publicly traded international oil and gas company. Under the agreement, all ExxonMobil companies and affiliates will be able to use Aconex project-wide collaboration solutions to connect teams and control [...]
Alan Kelly, president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company, has announced his intention to retire effective Aug. 1, 2016, after more than 34 years of service. It is anticipated that the board of directors of Exxon Mobil Corporation (NYSE:XOM) will appoint Bryan Milton as president of ExxonMobil Fuels, Lubricants & Specialties Marketing Company and elect him as a vice president of the [...]