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  • Dec 11, 2014
    YANBU, Saudi Arabia--(BUSINESS WIRE)--Saudi Aramco Mobil Refinery Company Limited (SAMREF), a joint venture of Saudi Aramco and ExxonMobil, has completed construction of major desulfurization facilities, including a new hydrotreater, that dramatically cuts sulfur levels in gasoline and diesel. The SAMREF partnership, which is celebrating 30 years of joint refining operations, demonstrates the long-term collaboration and progress towards meeting the energy needs ofmore...
  • Dec 9, 2014
    IRVING, Texas--(BUSINESS WIRE)--Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand by 2040, according to a new report released today by ExxonMobil. As demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. Without efficiency gains across economiesmore...
  • Dec 5, 2014
    IRVING, Texas--(BUSINESS WIRE)--Media are invited to participate in a webcast to launch ExxonMobil’s 2015 Outlook for Energy: A View to 2040 on Tuesday, December 9, 2014 from 12 p.m. to 1 p.m. CST (1 p.m. to 2 p.m. EST). ExxonMobil executives Bill Colton, vice president of corporate strategic planning, and Ken Cohen, vice president of public and government affairs, will lead the presentation. Sarah Ladislaw, co-director and senior fellow in the Energy andmore...
  • Nov 21, 2014
    IRVING, Texas--(BUSINESS WIRE)--Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation (NYSE:XOM), has elected to retire on January 1, 2015, after more than 44 years of service. It is anticipated that the board of directors of Exxon Mobil Corporation will appoint Neil A. Chapman as president of ExxonMobil Chemical Company and elect him a vice president of the corporation, effective Jan. 1, 2015. Chapman ismore...
  • Nov 20, 2014
    HOUSTON--(BUSINESS WIRE)--ExxonMobil Upstream Research Company has awarded Delta Screens & Filtration LLC a limited international license to ExxonMobil’s Alternate Path technology patent portfolio for gravel packing cased and openhole completion wells. Alternate Path is a patented technology developed by ExxonMobil to improve the reliability of wells completed in sand-prone reservoirs. The technology provides alternate flow paths called shunt tubes in themore...
  • Nov 3, 2014
    CAMBRIDGE, Mass.--(BUSINESS WIRE)--ExxonMobil has signed an agreement to become a founding member of the MIT Energy Initiative (MITEI), a unique collaboration aimed at working together to advance and explore the future of energy. MIT President Rafael Reif and TJ Wojnar, Jr., president of ExxonMobil Research and Engineering Company (EMRE), launched the collaborative effort during a ceremony at MIT. “At MIT, we find that working closely with industry alerts us tomore...
  • Oct 31, 2014
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOMmore...
  • Oct 29, 2014
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 69 cents per share on the Common Stock, payable on December 10, 2014 to shareholders of record of Common Stock at the close of business on November 12, 2014. This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2014. Through its dividends, the corporation has shared its success with itsmore...
  • Oct 27, 2014
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) will release third quarter financial results on Friday, October 31, 2014. The earnings press release will be 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) 599-4877 (United States) or (913) 312more...
  • Oct 10, 2014
    FAIRFAX, Va.--(BUSINESS WIRE)--ExxonMobil and its employees and retirees in Northern Virginia raised more than $2.4 million for charitable organizations and local charities in the Northern Virginia area during the 2014 Employees’ Favorite Charities campaign. Employees and retirees contributed to nearly 600 charities that provide a wide range of local health and human services to residents in Fairfax, Northern Virginia and the Washington, D.C. capital regionmore...
  • Oct 2, 2014
    HOUSTON--(BUSINESS WIRE)--ExxonMobil today announced $18 million in grants to Houston health care facilities to support cancer prevention and cardiovascular research, expand pediatric care for children with autism and enhance pediatric liver disease research and clinical services. The University of Texas MD Anderson Cancer Center will receive $10 million; $5 million will go to the Texas Heart Institute and $3 million to Texas Children’s Hospitalmore...
  • Sep 30, 2014
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil today released a report that outlines for shareholders how the company assesses and manages risks associated with developing unconventional resources, including through hydraulic fracturing. “Hydraulic fracturing has been responsibly and safely used by the oil and gas industry for more than 60 years, but the process isn’t without risks,” said Jeffrey Woodbury, vice president of Investor Relations. “This report tomore...
  • Sep 24, 2014
    HOUSTON--(BUSINESS WIRE)--ExxonMobil Chemical is increasing production of its high performance hydrocarbon fluids by about 10 percent through expansion projects at its Singapore and Antwerp facilities. The additional capacity, designed to meet rapidly expanding global demand for hydrocarbon fluids and extend the company’s worldwide supply capability, will begin producing by mid-2015 and be complete in 2016. “The investments in new capacity at ourmore...
  • Sep 19, 2014
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil is complying with all U.S. sanctions. The U.S. Treasury Department, recognizing the complexity of the University-1 well and the sensitive Kara Sea arctic environment, has granted a license to ExxonMobil and other U.S. contractors and persons involved to enable the safe and responsible winding down of operations related to this exploration well. The license recognizes the need to protect the safety of the individualsmore...
  • Sep 18, 2014
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced it entered into a non-monetary exchange agreement with LINN Energy, LLC (NASDAQ: LINE) to add 17,800 net acres in the Permian Basin to its U.S. oil and natural gas portfolio managed by subsidiary XTO Energy Inc. In the exchange, LINN Energy will receive interest in about 500 net acres from ExxonMobil’s South Belridge Field, near Bakersfield, California. In themore...