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  • Dec 2, 2016
    IRVING, Texas--(BUSINESS WIRE)--Tom Walters, president, ExxonMobil Production Company, has announced his intention to retire after more than 38 years of service. Neil Duffin, currently president of ExxonMobil Development Company, has been appointed by the Exxon Mobil Corporation (NYSE:XOM) board of directors to be president of ExxonMobil Production Company and elected to be a vice president of the corporation. Liam Mallon, currently executive vicemore...
  • Dec 1, 2016
    IRVING, Texas--(BUSINESS WIRE)--Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), today presented The Gatehouse with the company’s annual holiday gift of $50,000, advancing the non-profit agency’s mission of providing housing and support for women and children to build new lives. Located in Grapevine, Texas, The Gatehouse is a supportive community where single women, mothers and their children can live and participatemore...
  • Dec 1, 2016
    HOUSTON--(BUSINESS WIRE)--ExxonMobil announced today that it will become the Red Bull Racing Formula 1™ team’s official fuel, lubricant and motor oil partner in 2017. Under the agreement, ExxonMobil will supply Red Bull Racing with leading-edge Mobil 1™ lubricants and Synergy™ race fuels and provide engineering support to develop next-generation lubricants to improve race car engine and gearbox performance. “Red Bull Racing provides a dynamic platformmore...
  • Nov 14, 2016
    BEAUMONT, Texas--(BUSINESS WIRE)--ExxonMobil announced today plans to add a new production unit at its Beaumont polyethylene plant that will increase capacity by 65 percent – or approximately 650,000 tonnes per year -- to meet growing demand for high performance plastics. ExxonMobil is a leader in the manufacture of polyethylene products for packaging applications that deliver light-weight, tough, damage-resistant films. Construction of the new unit has begunmore...
  • Oct 28, 2016
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):   Third Quarter     Nine Months   2016   2015more...
  • Oct 27, 2016
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced that its Port Allen aviation lubricants plant has achieved full production for the entire line of Mobil Jet™ engine lubricants. The state-of-the-art aviation lubricants blending, packaging and distribution facility started shipping product worldwide in August after receiving regulatory approvals. The 90,000 square foot facility is part of a $200 million investment tomore...
  • Oct 27, 2016
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced a significant discovery with a potential recoverable resource of between 500 million and 1 billion barrels of oil on the Owowo field offshore Nigeria. The Owowo-3 well, which was spud on Sept. 23, encountered about 460 feet (140 meters) of oil-bearing sandstone reservoir. Owowo-3 extends the resource discovered by the Owowo-2 well, which encountered about 515 feet (157 meters) ofmore...
  • Oct 27, 2016
    DANBURY, Conn.--(BUSINESS WIRE)--FuelCell Energy, Inc. (Nasdaq: FCEL) and ExxonMobil (NYSE: XOM) announced today the selection of a location to test novel fuel cell carbon capture technology under development by the companies. The James M. Barry Electric Generating Station, a 2.7 gigawatt mixed-use coal and gas-fired power plant operated by Southern Company (NYSE: SO) subsidiary Alabama Power, will host pilot plant tests of the technology, which uses carbonatemore...
  • Oct 26, 2016
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 75 cents per share on the Common Stock, payable on December 9, 2016 to shareholders of record of Common Stock at the close of business on November 10, 2016. This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2016. Through its dividends, the corporation has shared its success with itsmore...
  • Oct 24, 2016
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release third quarter financial results on Friday, October 28, 2016. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com. Jeff Woodbury, vice president of Investor Relations, will review the results during a listen-only conference call at 8:30 a.m. CT. The earnings presentation can be accessed via webcast or by calling (888) 600-4869 (Unitedmore...
  • Oct 17, 2016
    IRVING, Texas -- ExxonMobil today asked a federal court to invalidate a subpoena issued by New York Attorney General Eric Schneiderman, calling investigations by New York and Massachusetts biased attempts to further a political agenda for financial gain.The request came in the form of a motion to amend a pending action to invalidate a similar civil investigation demand issued by Massachusetts Attorney General Maura Healey.“Attorney General Schneiderman has publicly accused ExxonMobil ofmore...
  • Sep 30, 2016
    IRVING, Texas--(BUSINESS WIRE)--Jack Balagia, vice president and general counsel, Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Nov. 1, 2016, after more than 18 years of service. It is anticipated that the board of directors will elect Randall Ebner as vice president and general counsel, Exxon Mobil Corporation. Ebner is currently assistant general counsel, Exxon Mobil Corporation. A native of Austin, Texas, Balagiamore...
  • Sep 13, 2016
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and Princeton University today announced the selection of five research projects associated with their partnership focused on energy technologies. The projects will center on solar and battery technologies, plasma physics, Arctic sea-ice modeling, and the impact of carbon dioxide absorption on the world’s oceans. This announcement follows ExxonMobil’s June 2015 commitment to contribute $5 million over five years to themore...
  • Aug 19, 2016
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and prayers are with our friends and neighbors in Louisiana who have been impacted by storms and severe flooding in the region," said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobilmore...
  • Aug 18, 2016
    IRVING, Texas--(BUSINESS WIRE)--Scientists from ExxonMobil and the Georgia Institute of Technology have developed a potentially revolutionary new technology that could significantly reduce the amount of energy and emissions associated with manufacturing plastics. Results of the research were published today in the peer-reviewed journal Science. If brought to industrial scale, this breakthrough could reduce industry’s global annual carbon dioxide emissions by up to 45more...