Exxon Mobil Corp.

Industry leadership in producing liquefied natural gas (LNG) earned Exxon Mobil Corporation (NYSE:XOM) an Excellence Award today at the World Petroleum Congress in Moscow. ExxonMobil received the Excellence Award for Technical Development for its leadership in safety, environment and technology in the development of the global LNG industry through strong partnerships and long-term vision. “ExxonMobil’s history as an [...]

The board of directors of Exxon Mobil Corporation (NYSE:XOM) is expected to appoint D.G. (Jerry) Wascom president of ExxonMobil Refining & Supply Company and elect him a vice president of the corporation, effective Aug. 1, 2014. Wascom, 58, is currently director of refining for North America, ExxonMobil Refining & Supply Company. Wascom began his career in 1979 as a refining engineer at Baton Rouge refinery in [...]

Exxon Mobil Corporation (NYSE:XOM) today announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months. CLOV is the fourth major development hub of Total-operated Block 17, after Girassol, Dalia and Pazflor. An ExxonMobil affiliate has a 20 percent working interest in CLOV, which will produce oil from the four fields of Cravo [...]

Exxon Mobil Corporation’s (NYSE:XOM) board of directors has elected Jack P. Williams and Darren W. Woods to the positions of senior vice president and members of the management committee of the corporation. Williams, 50, currently executive vice president of ExxonMobil Production Company, will also become a vice president of the corporation. Woods, 49, is currently president of ExxonMobil Refining & Supply Company and a [...]

Exxon Mobil Corporation (NYSE:XOM) today said it shipped the first cargo of liquefied natural gas (LNG) from the $19 billion PNG LNG project ahead of schedule. PNG LNG, operated by ExxonMobil affiliate ExxonMobil PNG Limited, is expected to produce more than 9 trillion cubic feet of gas over its estimated 30 years of operations. The first cargo is bound for LNG customer Tokyo Electric Power Co. Inc. (TEPCO) in Japan [...]

Exxon Mobil Corporation (NYSE:XOM) today announced that it has executed an agreement to add nearly 26,000 acres to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc., through a non-monetary exchange with LINN Energy, LLC. Virtually all of the acreage is located within the portion of the Midland Basin that is most prospective for horizontal Wolfcamp and Spraberry development. In exchange, LINN [...]

ExxonMobil is holding its annual meeting of shareholders on Wednesday, May 28, 2014. Media access will be provided to authorized representatives of commercial news organizations who pre-register by Friday, May 23, 2014. Please note, only media who have pre-registered will be provided access to the annual meeting. The meeting will be held at the Morton H. Meyerson Symphony Center, 2301 Flora Street, Dallas, Texas 75201 [...]

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 June 10, 2014 to shareholders of record of Common Stock at the close of business on May 13, 2014. This second quarter dividend compares with 63 cents per share paid in the first quarter of 2014. Through its dividends, the corporation has shared its success with its [...]

Exxon Mobil Corporation (NYSE:XOM) today announced the $19 billion PNG LNG project has started producing liquefied natural gas (LNG) in Papua New Guinea ahead of schedule. Production from the first LNG train will increase over the coming weeks and the first cargo is expected to be shipped to Asia markets before midyear. Work on the second train is progressing and LNG production from this unit is expected to start in [...]