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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 ...
ExxonMobil has offshore oil production in Nigeria, and is the country's second largest crude oil producer. Mobil Producing Nigeria (MPN) began shallow water operations in 1955, and owns over 90 platforms and 300 producing wells covering 3,200 square kilometres (1,200 sq mi; 790,000 acres).
XTO Energy Inc. XTO Energy Inc. is an American energy company and subsidiary of ExxonMobil principally operating in North America. Acquired by ExxonMobil in 2010 and based out of Spring, Texas, it is involved with the production, processing, transportation, and development of oil and natural gas resources. [2] [3] The company specializes in ...
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In 1875, the "Continental Oil and Transportation Company" (acronym "Conoco") was founded in Ogden, Utah. In 1885, Conoco was reincorporated as part of Standard Oil. After the Supreme Court of the United States dissolved Standard Oil, Conoco became independent in 1913. By 1929, it had become a fully integrated oil company. [8]
ExxonMobil advances strategy in 2023. Tribune. Bob Campbell, Odessa American, Texas. April 29, 2024 at 8:02 PM. Apr. 29—The ExxonMobil Corp. earned $36 billion in the fourth quarter of 2023 ...
March 19, 2024 at 6:00 AM. ExxonMobil ( XOM) CEO Darren Woods says the key to US climate policy hinges on the one thing politicians struggle most to deliver: consistency. "I think this back-and ...
After the 2023 drop, the ExxonMobil board scooped $1.6 million from Woods’ annual bonus compared to the previous year, giving him $4.8 million down from $6.4 million in 2022. Woods’ total ...
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