Exxon Mobil Corporation (NYSE:XOM) said today that media and environmental activists’ allegations about the company’s climate research are inaccurate and deliberately misleading. “For nearly 40 years we have supported development of climate science in partnership with governments and academic institutions, and did and continue to do that work in an open and transparent way,” said Ken Cohen, vice [...]
ExxonMobil is extending its portfolio of Exceed™ metallocene polyethylene (mPE) resins with the introduction of a new globally available grade, Exceed 0019XC, for extrusion coating and lamination applications. This grade creates innovation opportunities and value for converters and brand owners in a range of applications including drink cartons, lamitubes and flexible packaging. This Smart News Release features [...]
ExxonMobil has reached an agreement with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, California, a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines and other logistics assets, including facilities at the Southwest terminal. “The sale results from a strategic assessment of the site and how it fits with our refining [...]
Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule at the Erha North Phase 2 project offshore Nigeria. The Erha North Phase 2 project is a deepwater subsea development located 60 miles offshore Nigeria in 3,300 feet of water and four miles north of the Erha field, which has been producing since 2006. The Erha [...]
Attorney Advertising. Keller Rohrback L.L.P. is investigating alleged price-fixing by Chevron USA Inc., ExxonMobil Corp. (NYSE:XOM), BP West Coast Products LLC, and other major oil refiners based on a recent claims that the companies’ collusion to control the supply of gasoline on the West Coast cost California gasoline buyers at least $1.3 billion. This Smart News Release features multimedia. View the full release [...]
Exxon Mobil Corporation (NYSE:XOM) today announced it has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Midland Basin. The two agreements include an acquisition and farm-in adjoining XTO’s existing acreage position in Martin and Midland Counties, providing rights to all intervals within the basin. The acreage will be operated by ExxonMobil’s subsidiary [...]
ExxonMobil will add flexibility to process light crudes at its Beaumont refinery, increasing production capacity by approximately 20,000 barrels per day. This expansion will further strengthen ExxonMobil’s integrated downstream portfolio in Southeast Texas. “This project will grow our capacity and flexibility to process light crude oils,” said Jerry Wascom, president of ExxonMobil Refining and Supply [...]
The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 73 cents per share on the Common Stock, payable on September 10, 2015 to shareholders of record of Common Stock at the close of business on August 13, 2015. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2015. Through its dividends, the corporation has shared its success with its [...]
Exxon Mobil Corporation (NYSE:XOM) will release second quarter financial results on Friday, July 31, 2015. 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) 221-9508 [...]
ExxonMobil today signed a memorandum of understanding with the Korea Institute of Energy Technology Evaluation and Planning and the Korea Gas Corporation (KOGAS) to hold discussions concerning natural gas technologies and new energy technologies. The agreement will focus on the natural gas value chain, including cryogenic materials, hydrogen production and fuel cell utilization, energy efficiency technologies and [...]
ExxonMobil has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in Chalmette, Louisiana. PBF Energy will purchase 100 percent of Chalmette Refining, LLC, which is a joint venture between affiliates of Petróleos de Venezuela, S.A. (PDVSA) and ExxonMobil. The agreement includes the Chalmette refinery and chemical production facilities near New [...]
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