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  • Dec 15, 2009
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM), through its affiliate Esso Exploration Angola (Block 15) Limited (Esso Angola), today announced $3.5 million in grants for public health and education programs in Angola. The ten grants, provided by the ExxonMobil Foundation, are aimed at combating malaria and expanding educational opportunities for women. The grants will be disbursed in partnership with national and internationalmore...
  • Dec 14, 2009
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE: XOM) and XTO Energy Inc. announced today an all-stock transaction valued at $41 billion. The agreement, which is subject to XTO stockholder approval and regulatory clearance, will enhance ExxonMobil’s position in the development of unconventional natural gas and oil resources. Under the terms of the agreement, approved by the boards of directors of both companies,more...
  • Dec 11, 2009
    HOUSTON--(BUSINESS WIRE)--Houston-based former U.S. Astronaut Dr. Bernard A. Harris, Jr. will give almost 10,000 Houston-area students a first-hand experience with the wonders of science, technology, engineering and math during a high-tech, high-energy performance at the Toyota Center on Monday, Dec. 14. The event, the final stop of the 2009 “Dream Tour, presented by ExxonMobil,” will feature appearances from local athletes, ExxonMobilmore...
  • Dec 9, 2009
    ANCHORAGE, Alaska--(BUSINESS WIRE)--ExxonMobil Production Company announced today that it has resumed drilling on two wells started earlier this year at Point Thomson and is on schedule to reach total depth by year-end 2010. The company drilled each of the wells, PTU-15 and PTU-16, to approximately 5,000 feet during the summer, as deep as possible during the ice-free season. Drilling into deeper formations is permitted only during the period November 1more...
  • Dec 8, 2009
    IRVING, Texas--(BUSINESS WIRE)--Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, today presented Irving Cares with a $50,000 grant in support of the nonprofit organization’s work with Irving residents in need of employment services, food and financial assistance. Irving Cares is the fourth nonprofit organization to receive ExxonMobil’s annual Chairman’s Gift. “Irving Cares is making amore...
  • Dec 8, 2009
    IRVING, Texas--(BUSINESS WIRE)--Growing world economies will increase energy demand by about 35 percent in 2030 compared to 2005, requiring trillions of dollars in investment and a commitment to innovation and technology, Exxon Mobil Corporation (NYSE:XOM) said today as it released its new edition of Outlook for Energy: A View to 2030. “In our energy outlook, we see many hopeful things – economic recovery and growth,more...
  • Dec 8, 2009
    DOHA, Qatar--(BUSINESS WIRE)--Large-scale liquefied natural gas (LNG) projects will be necessary to meet increasing global demand for natural gas, Tom Walters, president of ExxonMobil Gas and Power Marketing Company, said today at a panel presentation at the International Petroleum Technology Conference (IPTC) in Doha. Walters joined a group of industry leaders in a panel entitled: “The Global Gas Outlook: New Gas Chains.”more...
  • Dec 7, 2009
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that the co-venturers have agreed to proceed with the development of the Papua New Guinea (PNG) liquefied natural gas (LNG) project, pending completion of sales and purchase agreements with LNG buyers and finalization of financing arrangements with lenders. At a ceremony at the PNG National Parliament House in Port Moresby, Peter Graham, managing directormore...
  • Dec 7, 2009
    PORT MORESBY, Papua New Guinea--(BUSINESS WIRE)--Tokyo Electric Power Company Limited (TEPCO) and Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation (NYSE:XOM) and operator of the Papua New Guinea Liquefied Natural Gas (PNG LNG) Project, today announced that TEPCO and the project participants have entered into a binding sales and purchase agreement for the long-term sale and purchase of LNG totalling approximately 1.8 million tonnes per annummore...
  • Dec 7, 2009
    DOHA, Qatar--(BUSINESS WIRE)--Meeting the world’s growing energy needs requires commitment and endurance by industries, governments and people from all over the world, Rich Kruger, president of ExxonMobil Production Company, said today in a keynote address at the 2009 International Petroleum Technology Conference in Doha. “Our industry has faced significant challenges before,” Kruger said to about 3,000 petroleum industrymore...
  • Dec 6, 2009
    DOHA, Qatar--(BUSINESS WIRE)--ExxonMobil will demonstrate its expertise and commitment to developing breakthrough energy technologies at the 2009 International Petroleum Technology Conference December 7-9, 2009, at the Sheraton Doha Resort and Convention Hotel. Rich Kruger, president of ExxonMobil Production Company, will speak at the conference executive plenary session on December 7. Kruger will highlight the importance of commitmentmore...
  • Dec 3, 2009
    PORT MORESBY, Papua New Guinea--(BUSINESS WIRE)--Unipec Asia Co., Ltd., a subsidiary of China Petroleum & Chemical Corporation (Sinopec) and Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation (NYSE:XOM) and operator of the Papua New Guinea Liquefied Natural Gas (PNG LNG) Project, today announced that Sinopec and the project participants have entered into a binding sales and purchase agreement for the long-term sale and purchase of LNGmore...
  • Nov 23, 2009
    ANCHORAGE, Alaska--(BUSINESS WIRE)--Photo of ExxonMobil's Point Thomson Project is available on Business Wire’s website and AP Photo Express. ExxonMobil successfully completed the Point Thomson Project summer work program, safely resupplying the site some 60 miles east of Deadhorse to allow drilling to commence in late November. Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6106669&lang=enmore...
  • Nov 16, 2009
    HOUSTON--(BUSINESS WIRE)--ExxonMobil Production Company received a 2009 Continuing Excellence award from the U.S. Environmental Protection Agency (EPA), under its Natural Gas STAR Program. The Natural Gas Star Program recognizes companies that apply cost-effective technologies and management practices to improve operational efficiency and reduce methane emissions. The Continuing Excellence Award is presented to companies that annuallymore...
  • Nov 13, 2009
    PHOENIX--(BUSINESS WIRE)--Underscoring the performance benefits high-quality motor oil technology can deliver, ExxonMobil and Toyota Racing Development (TRD) unveiled a new technological partnership in which ExxonMobil will provide its Mobil 1 racing oil technology and products to TRD-supported NASCAR teams. Kicking off at the start of the 2010 NASCAR season, TRD-supplied NASCAR engines will be filled with specially modified motor oil based on themore...