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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 ...
From the 1980s to mid 2000s, ExxonMobil was a leader in climate change denial, opposing regulations to curtail global warming. For example, ExxonMobil was a significant influence in preventing ratification of the Kyoto Protocol by the United States. [1] ExxonMobil funded organizations critical of the Kyoto Protocol and seeking to undermine ...
ExxonMobil, an American multinational oil and gas corporation presently based out of Texas, has had one of the longest histories of any company in its industry.A direct descendant of John D. Rockefeller's Standard Oil, the company traces its roots as far back as 1886 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s.
ExxonMobil has $10.1 billion in 1st quarter savings. May 9—The ExxonMobil Corp. earned $8.2 billion in the first quarter and positioned itself to do well in the future by strengthening its ...
The Exxon Mobil Thesis: With oil prices plummeting in 2020, the company deferred its countercyclical growth plans and reduced its capital expenditure for 2022 to 2025 from $30-$35 billion to $20 ...
Fortune. Global 500. The Fortune Global 500, also known as Global 500, is an annual ranking of the top 500 corporations worldwide as measured by revenue. The list is compiled and published annually by Fortune magazine.
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in ...
The 2013 Mayflower oil spill occurred on March 29, 2013, when the Pegasus Pipeline, owned by ExxonMobil and carrying Canadian Wabasca heavy crude from the Athabasca oil sands, ruptured in Mayflower, Arkansas, about 25 miles (40 km) northwest of Little Rock releasing about 3,190 barrels (134,000 US gal; 507 m 3) of oil. [1]