• Jan 30, 2019
    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 March 11, 2019 to shareholders of record of Common Stock at the close of business on February 11, 2019. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2018. Through its dividends, the corporation hasmore...
  • Jan 30, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil, with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation, said today that it is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam. The company has awarded the contract for front-end engineering and design, and is filing appropriate permits, planning applications and other preparatory work for the proposed developmentmore...
    LNG
  • Jan 29, 2019
    SPRING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has reached a final investment decision and started construction on a new unit at its Beaumont, Texas refinery that will increase crude refining capacity by more than 65 percent, or 250,000 barrels per day. The third crude unit within the facility’s existing footprint will expand light crude oil refining, supported by the increased crude oil production in the Permian Basin. “more...
  • Jan 28, 2019
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) will release fourth quarter and full year 2018 financial results on Friday, February 1, 2019. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com. Darren Woods, chairman and chief executive officer, and Neil Hansen, vice president of Investor Relations and secretary, will review the results during a listen-only conference call at 8:more...
  • Jan 23, 2019
    IRVING, Texas & AMES, Iowa & MUTTENZ, Switzerland--(BUSINESS WIRE)--ExxonMobil and Renewable Energy Group (REG) said today that they have signed a joint research agreement with Clariant to evaluate the potential use of cellulosic sugars from sources such as agricultural waste and residues to produce biofuel, which has the potential to play a role in reducing greenhouse gas emissions. The new partnership expands a previously announcedmore...
  • Jan 8, 2019
    LAS VEGAS--(BUSINESS WIRE)--ExxonMobil said today that it has signed a partnership agreement with IBM to advance the potential use of quantum computing in developing next-generation energy and manufacturing technologies. The new partnership was formally announced during the 2019 Consumer Electronics Show (CES) in Las Vegas. As part of the agreement, ExxonMobil becomes the first energy company to join the IBM Q Network, amore...
  • Jan 7, 2019
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has begun drilling the Haimara-1 exploration well offshore Guyana, the first of two planned wells in January. The Stena Carron drillship is drilling the well, which is located 19 miles (31 kilometers) east of the Pluma-1 discovery in the southeast Stabroek Block. The Noble Tom Madden drillship is expected to drill the second well, Tilapia-1, about three miles (five kilometersmore...
  • Dec 28, 2018
    MAPUTO, Mozambique--(BUSINESS WIRE)--Area 4 co-venture participants have secured liquefied natural gas (LNG) offtake commitments from affiliated buyer entities of the partners, a key milestone enabling the participants to rapidly move toward a final investment decision in 2019 on the first phase of the Rovuma LNG project. Area 4 participants are ExxonMobil, Eni, China National Petroleum Corporation (CNPC), Empresa Nacional de Hidrocarbonetos, Kogas andmore...
  • Dec 20, 2018
    IRVING, Texas--(BUSINESS WIRE)--ExxonMobil said today that it has been named 2018 Large Cap Company of the Year and Explorer of the Year by the Oil and Gas Council in recognition of excellence and innovation in the global energy industry. Brad Corson, president of ExxonMobil Upstream Ventures, accepted the award for Large Cap Company of the Year. Corson said, “We are honored to be recognized as an industry leader and are confident thatmore...
    LNG
  • 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 ismore...
    LNG