Massive gas plant resumes operations after severe PNG quake

ExxonMobil's massive gas project has resumed operations in Papua New Guinea after a major earthquake damaged the plant, the US energy giant said Friday, in a boost for the Pacific nation as it rebuilds after the devastation.

ExxonMobil 'double speak' on climate laid bare

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 ...

Lawsuit: ExxonMobil polluted river, ignored climate change

ExxonMobil has polluted the Mystic River while failing to plan for the potentially severe impacts of climate change at its Boston-area fuel storage terminal, according to a lawsuit filed Thursday by an environmental advocacy ...

Shareholders vote climate test for ExxonMobil, Chevron

Investors of ExxonMobil and Chevron vote at annual shareholder meetings Wednesday on whether the two oil giants should do more to address climate change following a historic global climate agreement.

ExxonMobil, Rockefellers face off in climate battle

US energy giant ExxonMobil is facing an onslaught from environmentalists and some shareholders alleging it hid what it knew about the effects of fossil fuels on climate change.

ExxonMobil, Chevron told to allow investor climate votes

US regulators have told ExxonMobil and Chevron to permit shareholders to vote on resolutions requiring assessments of how climate change policies might affect them, according to documents released Thursday.

ExxonMobil probed on climate science

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.

Google becomes number two in market value

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.

SoftBank chief aims to create 'world's No.1 company'

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.

Arkansas opens probe into ExxonMobil spill

Arkansas opened an investigation into an ExxonMobil pipeline that spilled thousands of gallons of crude and forced the evacuation of two dozen homes, the state's attorney general said Tuesday.

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ExxonMobil

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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