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  • Oct 21, 2015
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) said today that media and environmental activists’ allegations about the company’s climate research are inaccurate and deliberately misleading. “For nearly 40 years we have supported development of climate science in partnership with governments and academic institutions, and did and continue to do that work in an open and transparent way,” said Ken Cohen, vice president of public and governmentmore...
  • Sep 30, 2015
    TORRANCE, Calif.--(BUSINESS WIRE)--ExxonMobil has reached an agreement with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, California, a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines and other logistics assets, including facilities at the Southwest terminal. “The sale results from a strategic assessment of the site and how it fits with our refining portfolio,” saidmore...
  • Sep 16, 2015
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration and Production Nigeria Limited, has started oil production ahead of schedule at the Erha North Phase 2 project offshore Nigeria. The Erha North Phase 2 project is a deepwater subsea development located 60 miles offshore Nigeria in 3,300 feet of water and four miles north of the Erha field, which has been producing since 2006. The Erha Northmore...
  • Sep 15, 2015
    SINGAPORE--(BUSINESS WIRE)--ExxonMobil is expanding its operations in Jurong to produce synthetic lubricants, including Mobil 1TM, the company’s flagship synthetic engine oil. The expansion will further strengthen the company’s manufacturing capabilities and ability to meet the growing demand for ExxonMobil synthetic products in the Asia Pacific region. When completed in the second half of 2017, the facility will be the only plant in the Asia Pacificmore...
  • Aug 6, 2015
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced it has executed two agreements to obtain horizontal development rights in 48,000 acres in the core of the Midland Basin. The two agreements include an acquisition and farm-in adjoining XTO’s existing acreage position in Martin and Midland Counties, providing rights to all intervals within the basin. The acreage will be operated by ExxonMobil’s subsidiary XTO Energy Incmore...
  • Aug 4, 2015
    BEAUMONT, Texas--(BUSINESS WIRE)--ExxonMobil will add flexibility to process light crudes at its Beaumont refinery, increasing production capacity by approximately 20,000 barrels per day. This expansion will further strengthen ExxonMobil’s integrated downstream portfolio in Southeast Texas. “This project will grow our capacity and flexibility to process light crude oils,” said Jerry Wascom, president of ExxonMobil Refining and Supply Company. “Building on themore...
  • Jul 31, 2015
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOMmore...
  • Jul 29, 2015
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 73 cents per share on the Common Stock, payable on September 10, 2015 to shareholders of record of Common Stock at the close of business on August 13, 2015. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2015. Through its dividends, the corporation has shared its success with itsmore...
  • Jul 27, 2015
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release second quarter financial results on Friday, July 31, 2015. 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) 221-9508 (Unitedmore...
  • Jun 18, 2015
    HOUSTON--(BUSINESS WIRE)--ExxonMobil today signed a memorandum of understanding with the Korea Institute of Energy Technology Evaluation and Planning and the Korea Gas Corporation (KOGAS) to hold discussions concerning natural gas technologies and new energy technologies. The agreement will focus on the natural gas value chain, including cryogenic materials, hydrogen production and fuel cell utilization, energy efficiency technologies and technologiesmore...
  • Jun 18, 2015
    CHALMETTE, La.--(BUSINESS WIRE)--ExxonMobil has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in Chalmette, Louisiana. PBF Energy will purchase 100 percent of Chalmette Refining, LLC, which is a joint venture between affiliates of Petróleos de Venezuela, S.A. (PDVSA) and ExxonMobil. The agreement includes the Chalmette refinery and chemical production facilities near Newmore...
  • Jun 16, 2015
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) today announced that production at its Kearl oil sands expansion project in Alberta, Canada, started ahead of schedule and is expected to double overall capacity to 220,000 barrels of bitumen a day. The expansion project is ultimately expected to reach 110,000 barrels per day. Kearl will access approximately 4.6 billion barrels of resource for more than 40 years. “The ahead-of-more...
  • Jun 1, 2015
    ANCHORAGE, Alaska--(BUSINESS WIRE)--The Alaska LNG project marks another significant milestone with today’s announcement by the United States Department of Energy that it has conditionally authorized the Alaska LNG Project LLC to export liquefied natural gas to non-Free Trade Agreement countries. The application to export up to 20 million metric tons per year of liquefied natural gas from Alaska for a 30-year period was submitted to the U.S. Department of Energy lastmore...
  • May 27, 2015
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) announced today that its shareholders have elected Doug Oberhelman to its board of directors. Oberhelman is chairman of the board of directors and chief executive officer of Caterpillar Inc. With the election of Oberhelman, the ExxonMobil board stands at 12 directors, 11 of whom are non-employee directors. Oberhelman was named CEO and chairman of Caterpillar’s board in 2010.more...
  • May 22, 2015
    IRVING, Texas--(BUSINESS WIRE)--Media reports that ExxonMobil is lobbying the U.S. government on Iran sanctions are inaccurate. “ExxonMobil is not lobbying on Iran sanctions,” said Ken Cohen, vice president of Public and Government Affairs. “Erroneous media reports resulted from errors in a consultant’s lobbying disclosures. Current U.S. law prohibits American companies from operating in Iran.” more...