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  • Jan 26, 2017
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation  (NYSE:XOM) will release fourth quarter and full year 2016 financial results on Tuesday, January 31, 2017. 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 (800more...
  • Jan 25, 2017
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today the election of Dr. Susan K. Avery to its board of directors, effective February 1, 2017. Avery, an atmospheric scientist, is the former president and director of the Woods Hole Oceanographic Institution. With the election of Avery, the ExxonMobil board stands at 13 directors, 12 of whom are non-employee directors. Avery’s leadership experience in multiple academic andmore...
  • Jan 25, 2017
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.75 per share on the Common Stock, payable on March 10, 2017 to shareholders of record of Common Stock at the close of business on February 10, 2017. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2016. Through its dividends, the corporation has shared its success with itsmore...
  • Jan 18, 2017
    LA JOLLA, Calif.--(BUSINESS WIRE)--Synthetic Genomics, Inc. and ExxonMobil (NYSE: XOM) announced today that they have extended their agreement to conduct joint research into advanced algae biofuels after making significant progress in understanding algae genetics, growth characteristics and increasing oil production. ExxonMobil and Synthetic Genomics have been jointly researching and developing oil from algae for use as a renewable, lower-emissionmore...
  • Jan 17, 2017
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) said today it will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by the Bass family of Fort Worth, Texas, with an estimated resource of 3.4 billion barrels of oil equivalent in New Mexico’s Delaware Basin, a highly prolific, oil-prone section of the Permian Basin. ExxonMobil will make an upfront payment of $5.6more...
  • Jan 12, 2017
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil announced today positive results from its Payara-1 well offshore Guyana. Payara is ExxonMobil’s second oil discovery on the Stabroek Block and was drilled in a new reservoir. The Payara-1 well targeted similar aged reservoirs that were proven successful at the company’s Liza discovery. “This important discovery further establishes the area as a significant exploration province,” said Steve Greenlee, president of ExxonMobilmore...
  • Jan 5, 2017
    HOUSTON--(BUSINESS WIRE)--ExxonMobil announced today its development of cMISTTM technology, which dehydrates natural gas using a patented absorption system inside pipes and replaces the need for conventional dehydration tower technology. This “in-line” technology could be deployed at both land-based and offshore natural gas production operations. The new technology, developed and extensively field-tested by ExxonMobil, more efficiently removes water vapormore...
  • Jan 3, 2017
    IRVING, Texas--(BUSINESS WIRE)--The board of directors of Exxon Mobil Corporation (NYSE:XOM) has reached an agreement with Rex W. Tillerson, former chairman and chief executive officer, to sever all ties with the company to comply with conflict-of-interest requirements associated with his nomination as secretary of state. Under the agreement developed in consultation with federal ethics regulators, if Tillerson is confirmed as secretary of state, the value ofmore...
  • Dec 28, 2016
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced a new natural gas discovery in the Papua New Guinea North Highlands, 13 miles (21 kilometers) northwest of the Hides Gas Field. Interest owners are ExxonMobil (42.5 percent), Oil Search Limited (37.5 percent) and Barracuda Limited, a subsidiary of Santos Limited (20 percent, subject to regulatory approval), with Oil Search as operator. The Muruk-1 well encountered similar high-more...
  • Dec 20, 2016
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil subsidiary, Esso Exploration and Production Guyana Limited (EEPGL), today announced that it has awarded contracts to SBM Offshore for a floating production, storage and offloading (FPSO) vessel, a key step in moving the Liza field toward first production. Under the contracts, SBM Offshore will perform front end engineering and design for the FPSO, and, subject to a final investment decision on the project in 2017, willmore...
  • Dec 16, 2016
    IRVING, Texas--(BUSINESS WIRE)--Global population growth of nearly 2 billion, a doubling of worldwide economic output and rapid expansion of the middle class in emerging economies are all expected to contribute to energy demand growth of about 25 percent from 2015 to 2040, according to ExxonMobil’s 2017 Outlook for Energy: A View to 2040. Efficiency gains across economies worldwide will play a significant role in limiting the growth in energy needs. Energy demand inmore...
  • Dec 14, 2016
    IRVING, Texas--(BUSINESS WIRE)--Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire at year-end after more than 41 years of service. Darren W. Woods, currently president of Exxon Mobil Corporation, has been elected chairman and chief executive officer by the board of directors effective Jan. 1, 2017. The board of directors congratulated Tillerson on his nomination for themore...
  • 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...