Exxon Mobil Corp.

Exxon Mobil Corporation (NYSE:XOM) today announced it entered into a non-monetary exchange agreement with LINN Energy, LLC (NASDAQ: LINE) to add 17,800 net acres in the Permian Basin to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc. In the exchange, LINN Energy will receive interest in about 500 net acres from ExxonMobil’s South Belridge Field, near Bakersfield, California. In the [...]

The Alaska LNG Project has marked a major milestone with the recent submission of a formal request to the Federal Energy Regulatory Commission (FERC) to start the pre-file process for the major natural gas project. The FERC pre-file milestone sets the stage for the activity associated with the environmental review required for the siting, design, and permitting for construction of the proposed project. This is another [...]

ExxonMobil affiliate Esso Norge AS announced today plans to install a new processing unit at the Slagen refinery to enable production of high quality vacuum gas oil, a higher-yield feedstock used to create finished products such as diesel. The new residual flash tower is an upgrading unit that will improve the facility’s overall crude distillation process by replacing production of heavy fuel oil with lighter [...]

Exxon Mobil Corporation’s (NYSE:XOM) board of directors has elected David S. Rosenthal as vice president and controller and Jeffrey J. Woodbury as vice president of investor relations and secretary, effective Sept. 1. Rosenthal, 58, is currently vice president of investor relations and secretary. He began his career with Exxon in 1979 as a financial analyst at Exxon Chemical Americas in Houston, Texas. After holding a [...]

Patrick T. Mulva, vice president and controller of Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire on Sept. 1, 2014, after more than 38 years of service. Mulva, 63, joined Exxon Company U.S.A. in 1976 as a financial analyst at the company’s refinery in Baton Rouge, Louisiana, and went on to hold a variety of financial positions of increasing responsibility in the upstream and downstream [...]

Exxon Mobil Corporation (NYSE:XOM):         ...

The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 69 cents per share on the Common Stock, payable on September 10, 2014 to shareholders of record of Common Stock at the close of business on August 13, 2014. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2014. Through its dividends, the corporation has shared its success with [...]

Exxon Mobil Corporation (NYSE:XOM) will release second quarter financial results on Thursday, July 31, 2014. The earnings press release will be available at 7 a.m. CT at www.exxonmobil.com. David Rosenthal, vice president of Investor Relations, will rev...

In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department of Energy. The export application requests authorization to export up to 20 million metric tons per year of LNG for a period of 30 years to countries that have existing free trade agreements with the U.S., as well as to non-free trade agreement countries. “This is a [...]

ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., announced today it plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The new unit will expand the refinery’s ability to help meet energy needs throughout northwest Europe, despite a challenging [...]