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  • Jan 13, 2010
    HOUSTON--(BUSINESS WIRE)--ExxonMobil Production Company today announced a project at the Hawkins Field in northeast Texas to recover the equivalent of an additional 40 million barrels of oil, an amount equal to the annual energy needs of over one million Texas households. The project will extend the life of the field, discovered by ExxonMobil in 1940, for an additional 25 years. “ExxonMobil is applying some of its most advancedmore...
  • Jan 12, 2010
    IRVING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) and Petrobras announced today that an ExxonMobil affiliate signed an agreement with a Petrobras affiliate and the Turkish National Oil Company (TPAO) to explore for hydrocarbons in the deepwater Black Sea offshore Turkey. Under the terms of the farm-in agreement, ExxonMobil Exploration and Production Turkey B.V. will acquire a 25 percent interest in the Sinop, Ayancik andmore...
  • Jan 6, 2010
    IRVING, Texas--(BUSINESS WIRE)--The ExxonMobil Foundation announced today it will contribute $500,000 to Teach For America to recruit and train math and science teachers for public schools in low-income communities in Dallas, Houston, southern Louisiana and Washington, D.C. The ExxonMobil grant will be used to recruit more than 1,500 top college graduates from across the United States to teach middle-school math and science. The fundsmore...
  • Dec 30, 2009
    IRVING, Texas--(BUSINESS WIRE)--The ExxonMobil Educational Alliance Program announced today it awarded $1.8 million in grants this year to 2,400 schools to enhance math and science programs across the United States. It is the 10th consecutive year for the program, which has provided grants to K-12 educational institutions in 42 states and the District of Columbia. Local schools are eligible to apply for Educational Alliance grants bymore...
  • Dec 22, 2009
    PORT MORESBY, Papua New Guinea--(BUSINESS WIRE)--Esso Highlands Limited, a subsidiary of Exxon Mobil Corporation (NYSE:XOM) and operator of the PNG LNG Project, today announced that the Project participants have finalized a Sale and Purchase Agreement with Osaka Gas Co., Ltd. for the long-term sale and purchase of liquefied natural gas (LNG) totaling approximately 1.5 million tonnes per annum (MTA). The agreement is effective for a 20-yearmore...
  • Dec 21, 2009
    FAIRFAX, Va.--(BUSINESS WIRE)--ExxonMobil announced today that its employees in the Metropolitan D.C. area raised more than $2.7 million for local community and charitable organizations during the 2009 Employees' Favorite Charities Campaign. The amount is a record level for the campaign, which has raised nearly $16 million for organizations in the Metropolitan D.C. area since 2002. “Our employees feel honored to give back to their communitiesmore...
  • 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...