Driven by fluctuations in oil prices, and seduced by the prospect of easing climate change, experts are ramping up efforts to squeeze fuel out of a promising new organism: pond scum.
Biotechnology
Oct 22, 2009
4
0
Climate projections reported by ExxonMobil scientists between 1977 and 2003 were accurate and skillful in predicting subsequent global warming and contradicted the company's public claims, a new Harvard study shows.
Earth Sciences
Jan 12, 2023
20
241
Google overtook US oil giant ExxonMobil on Monday to become the world's number two company when rated by market value, behind its high-tech rival Apple.
Business
Feb 10, 2014
0
0
Apple shares soared on Wednesday following blockbuster quarterly earnings and the California gadget-maker leapfrogged over ExxonMobil to become the largest US company in terms of market value.
Business
Jan 25, 2012
2
0
ExxonMobil knowingly misled the public for decades about the danger climate change poses to a warming world and the company's long-term viability, according to a peer-reviewed study, released on Wednesday, of research and ...
Environment
Aug 23, 2017
0
13
ExxonMobil is being investigated by New York state on whether it lied to the public about the risks of climate change, a spokesman for New York's top prosecutor said Thursday.
Environment
Nov 5, 2015
1
36
The flamboyant founder of Japanese telco SoftBank, which is close to a $21.6 billion takeover of US firm Sprint Nextel, on Friday added a new goal to his lofty agenda: creating the world's biggest company.
Business
Jun 21, 2013
0
0
An oil spill has been detected along the coast of southern Nigeria near operations for US giant ExxonMobil, the company said Monday, but the cause and size of the leak remained unclear.
Environment
Aug 13, 2012
0
0
Vladimir Putin vowed Thursday to win $500 billion in investment for Russian offshore field development over 30 years to tap the country's full energy potential with the help of foreign expertise.
Energy & Green Tech
Apr 12, 2012
0
0
Apple's stock Monday topped $500 for the first time on Wall Street even as a probe started looking into work conditions at a Chinese factory that cranks out the California company's coveted gadgets.
Business
Feb 13, 2012
0
0
Exxon Mobil Corporation (NYSE: XOM) or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas. It is affiliated with Imperial Oil which operates in Canada.
ExxonMobil is one of the largest publicly traded companies by market capitalization in the world, having been ranked either No.1 or No. 2 for the past 5 years. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), Exxon Mobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.
ExxonMobil is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrels of oil equivalent). In 2008, this was approximately 3% of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.
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