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ExxonMobil Corporation [a] ( / ˌɛksɒnˈmoʊbəl / EKS-on-MOH-bəl; commonly shortened to Exxon [5] [6] [7]) is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller 's Standard Oil. The company, which took its present name in 1999 per the merger of Exxon and Mobil, is vertically integrated ...
Origins. Both Exxon and Mobil were descendants of Standard Oil, established by John D. Rockefeller and partners in 1870 as the Standard Oil Company of Ohio. In 1882, it together with its affiliated companies was incorporated as the Standard Oil Trust with Standard Oil Company of New Jersey and Standard Oil Company of New York as its largest companies.
Esso. Esso ( / ˈɛsoʊ /) is a trading name for ExxonMobil. Originally, the name was primarily used by its predecessor Standard Oil of New Jersey after the breakup of the original Standard Oil company in 1911. [1] The company adopted the name "Esso" (the phonetic pronunciation of Standard Oil's initials, ' S ' and ' O '), [2] to which the ...
Exxon’s so-so first quarter came on the heels of record profits in 2022. Exxon’s profits are falling, but CEO Darren Woods’ compensation rose last year—here’s how the oil giant rewards ...
ExxonMobil CEO Darren Woods on what it takes to get to net zero. On this episode of Fortune ’s Leadership Next podcast, co-hosts Alan Murray and Michal Lev-Ram talk to Darren Woods, CEO of ...
Assumed office. January 1, 2017. Preceded by. Rex W. Tillerson. Darren W. Woods (born 1964/65) is an American businessman who is the chief executive officer (CEO) and chairman of ExxonMobil since January 1, 2017. [2] His salary exceeds $20,000,000 per year.
Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name ( Mobil Oil Corporation ), which itself merged with Exxon to form ExxonMobil in 1999. A direct descendant of Standard Oil, Mobil was originally known as the ...
Valero owns two oil refineries in California. The Benicia Refinery is located on the Carquinez Strait , a tributary of the San Francisco Bay . [32] The Wilmington Refinery [33] is located 23 miles (37 km) south from downtown Los Angeles.
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