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  • Dec 12, 2018
    SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has made a final investment decision to develop the West Barracouta gas field in Bass Strait to bring new gas supplies to the Australian domestic market. The project, located in the VIC/L1 block offshore Victoria, is part of the company’s continuing investment in the Gippsland Basin. The company recently completed front-end engineering design work for the project, which is part of the Esso-BHPmore...
  • Dec 12, 2018
    IRVING, Texas--(BUSINESS WIRE)--Darren Woods, ExxonMobil chairman and chief executive officer, presented $50,000 to Family Compass today to further the organization’s goals of ending child abuse and neglect. The grant marks the 13th annual ExxonMobil Chairman’s Gift given during the holidays to benefit and highlight a deserving nonprofit organization in North Texas. “Every child in our community should have a stable home life and strong environment in whichmore...
  • Dec 3, 2018
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today it made its 10th discovery offshore Guyana and increased its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The resource estimate, up from the previous estimate of more than 4 billion oil-equivalent barrels, is a result of further evaluation of previous discoveries and includes a new discovery at the Pluma-1 wellmore...
  • Nov 2, 2018
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOMmore...
  • Oct 31, 2018
    IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of $0.82 cents per share on the Common Stock, payable on December 10, 2018 to shareholders of record of Common Stock at the close of business on November 13, 2018. This fourth quarter dividend is at the same level as the dividend paid in the third quarter of 2018. Through its dividends, the corporation hasmore...
  • Oct 31, 2018
    SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel. The new 50,000 barrel-per-day unit expands the refinery’s capacity to meet demand for cleaner transportation fuels throughout northwest Europe. The company’s investment in the new coker will alsomore...
  • Oct 31, 2018
    SINGAPORE--(BUSINESS WIRE)--ExxonMobil said today that it will contribute US$10 million over five years (S$14 million) to become the first industry founding partner in a new Singapore Energy Center partnership led by the Nanyang Technological University and National University of Singapore and designed to advance next-generation technologies. ExxonMobil signed a memorandum of understanding with the universities in November 2017 tomore...
  • Oct 29, 2018
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release third quarter 2018 financial results on Friday, November 2, 2018. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com. Jack Williams, senior vice president, and Neil Hansen, vice president of Investor Relations and secretary, will review the results during a listen-only conference call at 8:30 a.m. CT. The earningsmore...
  • Oct 25, 2018
    The New York Attorney General’s office doubled down on its tainted, meritless investigation by filing a complaint against ExxonMobil. These baseless allegations are a product of closed-door lobbying by special interests, political opportunism and the attorney general’s inability to admit that a three-year investigation has uncovered no wrongdoing. The company looks forward to refuting these claims as soon as possible and getting this meritless civil lawsuit dismissed.There is nomore...
  • Sep 28, 2018
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil has increased its holdings in Brazil’s pre-salt basins after it won the Titã exploration block with co-venturer Qatar Petroleum during Brazil’s 5th pre-salt bid round. The block awarded added more than 71,500 net acres to the ExxonMobil portfolio, expanding the company’s total position in the country to approximately 2.3 million net acres. “With the acquisition of this block, wemore...
  • Sep 26, 2018
    SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that a new unit at its integrated Beaumont, Texas facility has started operations, increasing production of ultra-low sulfur fuels by about 45,000 barrels per day. The new unit relies on a proprietary catalyst system developed by ExxonMobil to remove sulfur and meet U.S. Environmental Protection Agency specifications while minimizing octane loss. The addition of the new unit, ExxonMobil’smore...
  • Sep 20, 2018
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil today said it will join the Oil and Gas Climate Initiative (OGCI), a voluntary initiative representing 13 of the world’s largest oil and gas producers working collaboratively toward solutions to mitigate the risks of climate change. The CEO-led organization focuses on developing practical solutions in areas including carbon capture and storage, methane emissions reductions and energy andmore...
  • Sep 5, 2018
    SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has signed a cooperation framework agreement with the Guangdong Provincial People’s Government to advance discussions concerning the proposed construction of a chemical complex in the Huizhou Dayawan Petrochemical Industrial Park. The new facility would help meet expected demand growth for chemical products in China. The multibillion-dollar project, which remains subject to a finalmore...
  • Aug 30, 2018
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil (NYSE:XOM) has made its ninth discovery offshore Guyana at the Hammerhead-1 well, marking its fifth discovery on the Stabroek Block in the past year and proving a new play concept for potential development. Hammerhead-1 encountered approximately 197 feet (60 meters) of high-quality, oil-bearing sandstone reservoir. The well was safely drilled to 13,862 feet (4,225 meters) depth in 3,773 feet (1,150more...
  • Jul 27, 2018
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM):         Firstmore...