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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, 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.
Oil-and-gas behemoth ExxonMobil announced disappointing financial results on Friday that led to a quick stock price drop of more than 3%. Earnings in the first quarter were about 28% lower than ...
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.
Exxon Mobil’s third-quarter profit declined compared with last year when the oil giant put up record numbers as oil prices soared, but net income jumped 15% compared with the previous quarter.
California will conclude a two-year investigation into Exxon and the fossil fuel industry's role in causing global plastic pollution by summer and decide if it will file a lawsuit against oil ...
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 developing shale ...
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 ...
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