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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 ...
Lee Roy Raymond (born August 13, 1938) is an American businessman and was the chief executive officer (CEO) and chairman of ExxonMobil from 1999 to 2005. He had previously been the CEO of Exxon since 1993. He joined the company in 1963 and served as president from 1987 and a director beginning in 1984. While at Exxon, Raymond was one of the ...
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 ...
The deal with Pioneer vastly expands Exxon’s presence in the Permian Basin, a huge oilfield that straddles the border between Texas and New Mexico. Pioneer’s more than 850,000 net acres in the ...
4000. ExxonMobil 's Baton Rouge Refinery in Baton Rouge, Louisiana is the sixth-largest oil refinery in the United States and seventeenth-largest in the world, [1] with an input capacity of 540,000 barrels (86,000 m 3) per day as of January 1, 2020. [2] The refinery is the site of the first commercial fluid catalytic cracking plant that began ...
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 ...
Craig D. Idso is the founder, president and current chairman of the board of the Center for the Study of Carbon Dioxide and Global Change, a group which receives funding from ExxonMobil and Peabody Energy and which promotes climate change denial. He is the brother of Keith E. Idso and son of Sherwood B. Idso.
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 ...