Exxon Mobil Corp.

ExxonMobil and its employees are donating more than $1.3 million to higher education institutions across Virginia as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program. In 2014, ExxonMobil employees, retirees, directors and surviving spouses contributed $391,000 to 33 Virginia colleges and universities, which was matched with $969,000 unrestricted grants from the ExxonMobil Foundation [...]

ExxonMobil and its employees are donating $743,150 to higher education institutions across Alabama as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program. In 2014, ExxonMobil employees, retirees, directors and surviving spouses contributed $189,470 to 12 Alabama colleges and universities, which was matched with $553,680 unrestricted grants from the ExxonMobil Foundation. Although grants are [...]

ExxonMobil and its employees are donating $47.1 million to institutions of higher education across the country as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program, an increase of $3.1 million over the prior year. ExxonMobil employees, retirees, directors and surviving spouses contributed $15.5 million, which was matched with $31.6 million in unrestricted grants from the ExxonMobil [...]

Today, ExxonMobil announced 155 third- through fifth-grade teachers from across the United States have been selected to attend the national 2015 Mickelson ExxonMobil Teachers Academy. The program is a week-long, all-expense-paid, professional development program for third- through fifth-grade teachers that equips them with innovative ways to teach science and math and inspire their students in these critical subjects. In [...]

Exxon Mobil Corporation (NYSE:XOM) announced today it began production in the deepwater Gulf of Mexico at Hadrian South with facilities tied back to the nearby Lucius project, reducing additional infrastructure requirements. Daily gross production from Hadrian South, ExxonMobil’s deepest subsea tie-back in nearly a mile and a half of water, is expected to reach approximately 300 million cubic feet of gas and 3,000 [...]

ExxonMobil sees North America's chemical feedstock and energy costs remaining among the lowest in the world, Matt Aguiar, senior vice president at ExxonMobil Chemical Company, said today in a speech at the IHS World Petrochemical Conference. ExxonMobil says U.S. chemical industry export capacity will increase as planned expansions move forward, including the company's project at Baytown, Texas, where about 4,000 workers [...]

The U.S. government needs to adjust its energy policies to ensure that America can realize all the benefits of the new era of energy abundance, Rex W. Tillerson, chairman and chief executive of Exxon Mobil Corporation (NYSE:XOM) said Thursday. “We need sound energy policies – policies equal to the innovation that has redefined the modern energy landscape,” Tillerson said in an address to The Economic Club of Washington [...]

ExxonMobil announced today that it has resumed drilling at Point Thomson on Alaska’s North Slope as construction continues toward bringing the initial production system online. “The Point Thomson field is a vital part of unlocking Alaska’s North Slope gas resources,” said Jim Flood, ExxonMobil Development Company’s arctic vice president. “The initial production will give us invaluable insight into the potential [...]

Exxon Mobil Corporation (NYSE:XOM) expects to start up 16 major oil and natural gas projects during the next three years and is on track to increase daily production to 4.3 million oil-equivalent barrels by 2017, Rex W. Tillerson, chairman and chief executive officer, said today. “Our long-term capital allocation approach has not changed,” Tillerson said at the company’s annual analyst meeting at the New York Stock [...]

ExxonMobil is encouraging girls to consider science, technology, engineering and math (STEM) careers through the 12th-annual Introduce a Girl to Engineering Day program to be held at 14 ExxonMobil and XTO Energy sites nationwide over the next several months. Building on the success of ExxonMobil’s recent ‘Be An Engineer’ efforts, more than 2,000 middle-school girls across the country will take part. Participants will [...]