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ExxonMobil

American multinational oil and gas corporation

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ExxonMobil: American multinational oil and gas corporation
Exxon Mobil Corporation, doing business as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999 by the merger of Exxon and Mobil. ExxonMobil's primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical. ExxonMobil is incorporated in Texas.

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Fifth largest refinery in US catches fire in Louisiana

There were no reported injuries at the ExxonMobil refinery fire in Baton Rouge on Tuesday night.
BBC News - Published

Oil majors request more Mozambique troops after Islamist attacks: sources

Exxon Mobil Corp and Total have asked Mozambique to send more troops to guard their operations in the far north after a surge of attacks by Islamist militants, an industry source and two security..
Reuters - Published

Videos for ExxonMobil


The U.S. touts for business in Angola [Video]The U.S. touts for business in Angola

U.S. Secretary of State Mike Pompeo was in Angola on Monday, promoting U.S. business as the world's biggest economy battles China for economic influence on the African continent. Matthew Larotonda..

Credit: Reuters Studio     Duration: 01:39Published

Virus fears, weak data spark 600-pt Dow plunge [Video]Virus fears, weak data spark 600-pt Dow plunge

Wall Street had its biggest one-day drop since October, capping off the worst January in four years as coronavirus fears, economic jitters and disappointing earnings fueled investor anxiety. Conway G...

Credit: Reuters - Politics     Duration: 02:07Published

Middle East jitters hit Wall Street [Video]Middle East jitters hit Wall Street

Stocks fell into the close on Tuesday as cautious investors kept on eye on tensions in the Middle East. Conway G. Gittens reports.

Credit: Reuters Studio     Duration: 01:52Published

 

Exxon quarterly profit falls 5.2% on weak refining, chemical margins

Exxon Mobil Corp reported a 5.2% drop in fourth-quarter profit on Friday, hit by weaker margins in its refining and chemical business.
Reuters - Published

At Exxon, CEO's promised turnaround sapped by chemicals, refining

At Exxon Mobil Corp , CEO Darren Woods' plan to revive earnings at the largest U.S. oil and gas company is being sidetracked by the two businesses he knows best: chemicals and refining.
Reuters - Published

Guyana opposition candidate pledges to keep Exxon contract intact

Exxon Mobil's oil contract with Guyana would be exempt from a review of the South American nation's deals if the opposition wins the March 2 election, the party's top candidate said.
Reuters - Published

Exxon signals fourth quarter weakness in chemicals and refining, offset by asset sale

Exxon Mobil Corp's fourth quarter operating results will decline from a year ago due to weakness in chemicals and refining, according to a regulatory filing and analyst comments on Friday.
Reuters - Published

Exxon expects gain from Norway asset sale to boost results

Exxon Mobil Corp expects a gain of as much as $3.6 billion from the sale of its Norwegian oil and gas production assets to significantly lift results for the fourth quarter, according to a regulatory..
Reuters - Published

Exxon, Chevron face new round of shareholder climate resolutions

An activist group is increasing the pressure on five big U.S. and European oil companies with shareholder resolutions urging them to meet the Paris climate goals and cut carbon emissions.
Reuters - Published

Exxon Mobil scores win in New York climate change lawsuit

Exxon Mobil Corp won a major victory in a closely-watched lawsuit on Tuesday when a judge ruled that the company did not defraud investors out of up to $1.6 billion by hiding the true cost of climate..
Reuters - Published

Exxon wins climate change lawsuit, as cases over global warming proliferate

Exxon Mobil Corp on Tuesday scored a win in a closely-watched case after a judge ruled that the company did not hide the true cost of climate change regulation from investors.
Reuters - Published

Exclusive: Exxon aims to sell $25 billion of assets to focus on mega-projects - sources

Exxon Mobil plans to sell up to $25 billion of oil and gas fields in Europe, Asia and Africa in its biggest asset sales for decades, seeking to free up cash to focus on a handful of mega-projects,..
Reuters - Published

Exclusive: Exxon steps up assets sales with sweeping $25 billion plan - sources

Exxon Mobil is accelerating its biggest asset sales in decades with plans to divest up to $25 billion of oil and gas fields in Europe, Asia and Africa as it sharpens its focus on a handful of mega..
Reuters - Published

Trump suggestion of taking Syrian oil draws rebukes

U.S. President Donald Trump's suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts.
Reuters - Published

Proposed U.S. oil company role in Syria faces hurdles: experts

U.S. President Donald Trump's suggestion on Sunday that Exxon Mobil or another U.S. oil company operate Syrian oil fields drew rebukes from legal and energy experts.
Reuters - Published

Massachusetts accuses Exxon in lawsuit of climate change deceit

Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change.
Reuters - Published

Massachusetts sues Exxon Mobil, saying company lied about climate change

Massachusetts sued Exxon Mobil Corp on Thursday, with the state's attorney general accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate..
Reuters - Published

Massachusetts beats Exxon bid to delay impending climate change case

A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role..
Reuters - Published

Exxon loses bid to delay climate change lawsuit by Massachusetts

A Massachusetts judge on Thursday gave the state's attorney general the greenlight to sue Exxon Mobil Corp "ASAP" over allegations it concealed from investors and consumers its knowledge of the role..
Reuters - Published

Exxon, New York prosecutors face off in climate change fraud trial

A lawyer for New York's attorney general on Tuesday told a state judge that Exxon Mobil Corp used two sets of books to hide the true cost of climate change regulations from investors, while an attorney..
Reuters - Published

Exxon accused of misleading investors on climate change

New York State and the oil giant will now face each other in court in New York over the claim.
BBC News - Published

Big U.S. liquefied natgas players move fast; smaller ones try to keep up

A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts,..
Reuters - Published

Chevron's shale allies are its secret weapon in Exxon race

U.S. oil company Chevron Corp is turning to joint ventures and drilling alliances in its bid to dominate the Permian Basin after abandoning a takeover that would have made it the leading producer in..
Reuters - Published

Exclusive: After 50 years in UK North Sea, Exxon eyes the exit - sources

Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
Reuters - Published

Exclusive: Exxon eyes UK North Sea exit after 50-year presence - sources

Exxon Mobil is considering an exit from the British North Sea after more than 50 years in the oil and gas basin as it focuses on U.S. shale production and new projects.
Reuters - Published

Exclusive: Iraq close to pipeline deal with BP and Eni, rather than Exxon - sources

Iraq is close to reaching a deal with oil majors BP and Eni for an export pipeline project that was initially planned as part of a mega-deal with U.S. energy giant ExxonMobil, according to five senior..
Reuters - Published

Texas county sues Exxon over air pollution from petrochemical fire -official

Harris County, Texas sued Exxon Mobil Corp on Thursday over pollution from a fire a day earlier at the company's Baytown Olefins Plant, according to an attorney for the county.
Reuters - Published

Exxon says Baytown, Texas refinery reduced after olefins plant fire

Exxon Mobil Corp said on Thursday that production at its 560,500-barrel-per-day (bpd) Baytown, Texas, refinery has been reduced following a fire on Wednesday in the company's adjoining olefins plant.
Reuters - Published

Fire under control at Exxon petrochemical plant; some workers suffer minor burns

Exxon Mobil Corp brought under control a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex, injuring 37 workers, though none seriously, and sending nearby..
Reuters - Published

Exxon fights fire at Baytown, Texas, petrochemical plant; 37 injured

Exxon Mobil Corp said it was fighting a fire that erupted on Wednesday at its Baytown, Texas, refining and chemical plant complex, injuring 37 workers and sending nearby residents indoors.
Reuters - Published

Exxon says 37 workers treated for 'minor' injuries after Baytown plant fire

Thirty-seven workers were being treated on Wednesday for "minor" burns and injuries after a fire broke out at Exxon Mobil Corp's Baytown, Texas, olefins facility, plant manager Jason Duncan said at a..
Reuters - Published

Exxon fighting fire at Baytown, Texas, refinery

A fire broke at Exxon Mobil Corp's 560,000 barrels per day Baytown, Texas, refining and chemical plant complex on Wednesday, said the company and local officials.
Reuters - Published

Exxon Mobil's second-quarter results expected to sag, spotlighting need for asset sales

Exxon Mobil Corp's plan to accelerate asset sales, a way of delivering needed cash to finance shareholder returns and major projects, is getting off to a slow start as oil companies pull back on big..
Reuters - Published

Exclusive: Exxon's $53 billion Iraq deal hit by contract snags, Iran tensions - sources

Just weeks ago, U.S. energy giant ExxonMobil looked poised to move ahead with a $53 billion project to boost Iraq's oil output at its southern fields, a milestone in the company's ambitions to expand..
Reuters - Published

Staff evacuated as rocket strikes near foreign oil firms in Iraq

A rocket hit a site in southern Iraq used by foreign oil companies on Wednesday, including U.S. energy giant ExxonMobil, wounding three people and threatening to further escalate U.S.-Iran tensions in..
Reuters - Published

Rocket hits site of foreign oil firms in Iraq's Basra, three hurt

A rocket struck the site of the residential and operations headquarters of several global major oil companies, including U.S. giant ExxonMobil, near Iraq's southern city of Basra early on Wednesday,..
Reuters - Published

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