• Sep 16, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today it made an oil discovery on the Stabroek Block offshore Guyana at the Tripletail-1 well in the Turbot area. The discovery adds to the previously announced estimated recoverable resource of more than 6 billion oil-equivalent barrels on the Stabroek Block. Tripletail-1 encountered approximately 108 feet (33 meters) of a high-quality oil bearing sandstone reservoir. Tripletail-1, drilled in 6,572 feet (2,003 meters) of water, is located approximately 3 miles (5 kilometersmore...
  • Aug 26, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and Mosaic Materials said today that they have entered into an agreement to explore the advancement of breakthrough technology that can remove carbon dioxide from emissions sources. Mosaic Materials has progressed research on a unique process that uses porous solids, known as metal-organic frameworks, to separate carbon dioxide from air or flue gas. The agreement with ExxonMobil will enable further discussion between the two companies to evaluatemore...
  • Aug 2, 2019
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):             First                 Second Quarter     Quarter     First Half           2019 2018   % 2019 %   2019 2018   % Earnings Summary                         (Dollars in millions, except per share datamore...
  • Jul 31, 2019
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.87 cents per share on the Common Stock, payable on September 10, 2019 to shareholders of record of Common Stock at the close of business on August 13, 2019. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2019. Through its dividends, the corporation has shared its success with its shareholders for more than 100more...
  • Jul 29, 2019
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release second quarter 2019 financial results on Friday, August 2, 2019. A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com. Neil Chapman, senior vice president, and Neil Hansen, vice president and secretary, 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) 601-3862 (more...
  • Jul 24, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today it started production on a new high-performance polyethylene line at its Beaumont, Texas polyethylene plant. The expansion increases plant production capacity by 65 percent or 650,000 tons per year, bringing site capacity to nearly 1.7 million tons per year. This expansion builds upon supply advantages created by ExxonMobil’s two new performance polyethylene lines which began production in 2017 at the company’s manufacturing site in Montmore...
  • Jun 27, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil and Global Thermostat said today that they have signed a joint development agreement to advance breakthrough technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. The companies will evaluate the potential scalability of Global Thermostat’s carbon capture technology for large industrial use. If technical readiness and scalability is established, pilot projects atmore...
  • Jun 19, 2019
    MAPUTO, Mozambique--(BUSINESS WIRE)--ExxonMobil and the United States Agency for International Development (USAID) said today that ExxonMobil will provide $3 million to USAID to design and administer programs that improve social and economic development in Mozambique. The collaboration was announced by Administrator Mark Green at the 2019 Corporate Council on U.S.-Africa Business Summit. “This effort will leverage themore...
    LNG
  • Jun 13, 2019
    IRVING, Texas & RIYADH, Saudi Arabia--(BUSINESS WIRE)--ExxonMobil and SABIC today announced the decision to proceed with the construction of a chemical facility and a 1.8 million metric ton ethane steam cracker in San Patricio County, Texas, leading to thousands of high-paying jobs and billions in economic output. “Building the world’s largest steam cracker, with state-of-the-art technology, on the doorstep of rapidly growing Permianmore...
  • Jun 12, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil today said that it has completed an expansion at its Singapore refinery to upgrade its production of EHC™ Group II base stocks, strengthening the global supply of high-quality base stocks and enhancing the integrated facility’s competitiveness. The expansion will enable customers to blend lubricants that satisfy more stringent specifications, help lower emissions and improve fuel economy andmore...