ExxonMobil has signed a non-binding memorandum of understanding with SK On, a global leading electric vehicle battery developer, that opens the door to secure a multiyear offtake agreement of up to 100,000 metric tons of Mobil™ Lithium from the company's first planned project in Arkansas. SK On plans to use the lithium in its EV battery manufacturing operations in the U.S. This will contribute to ExxonMobil's goal [...]
ExxonMobil and Air Liquide today announced an agreement to support the production of low-carbon hydrogen and low-carbon ammonia at ExxonMobil's Baytown, Texas facility. The agreement will enable transportation of low-carbon hydrogen through Air Liquide's existing pipeline network. Additionally, Air Liquide will build and operate four Large Modular Air separation units to supply 9,000 metric tons of oxygen and up to 6,500 [...]
Craig Morford, Vice President, General Counsel and Secretary for Exxon Mobil Corp. , has announced his retirement effective July 1, 2024. The Board of Directors has elected Jeff Taylor as Vice President, General Counsel and Secretary for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611622593/en/ Craig Morford, Vice President, General Counsel [...]
LiTHOS Group Ltd. is pleased to announce it has entered into a non-binding letter of intent with 1481450 B.C. Ltd. , dated June 5th, 2024, pursuant to which the Company would acquire all of the outstanding securities of 1481450 from the securityholders of 1481450 . 1481450 has entered into an Agreement, and, at the time of Closing , will hold all of the outstanding securities of Reservoir Imaging Solutions LLC , a private [...]
Exxon Mobil Corp. announced today that Maria Jelescu Dreyfus has joined its board of directors, effective May 3, 2024. Ms. Dreyfus is CEO and founder of Ardinall Investment Management, an investment firm focused on sustainable investing and resilient infrastructure. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507305368/en/ Maria Jelescu Dreyfus "With the [...]
Exxon Mobil Corp. today announced it has closed its acquisition of Pioneer Natural Resources Company . The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin. The combined company's more than 1.4 million net acres in the Delaware and Midland basins have an estimated 16 billion barrels of oil equivalent resource. ExxonMobil's Permian [...]
Exxon Mobil Corp. will release its first quarter 2024 financial results on Friday, April 26, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Chairman and Chief Executive Officer Darren Woods and Senior Vice President and Chief Financial Officer Kathy Mikells will review the results during a live conference call at 7:30 a.m. CT. The [...]
ExxonMobil has made a final investment decision for the Whiptail development offshore Guyana, after receiving the required government and regulatory approvals. Whiptail, the sixth project on the Stabroek block, is expected to add approximately 250,000 barrels of daily capacity by the end of 2027. "Our sixth multi-billion-dollar project in Guyana will bring the country's production capacity to approximately 1.3 million [...]
Exxon Mobil Corp., which has been serving wax customers for more than 125 years, is affirming its commitment to the industry by introducing a new product brand, Prowaxx™. The new architecture allows for differentiation between waxes and takes effect April 1. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240402412988/en/ "Prowaxx is more than just a new [...]
Double E Pipeline, LLC announced today the launch of a non-binding open season to solicit expressions of interest for firm transportation service on its system. The Open Season will commence at 4:00 p.m. Central Time on Monday, April 1, 2024, and will end at 2:00 p.m. Central Time on Monday, April 29, 2024. Double E is soliciting non-binding bids for firm transportation service under Rate Schedule FTS of Double E's [...]
Exxon Mobil Corp. today announced Neil Chapman, senior vice president, will conduct a fireside chat at Morgan Stanley's Energy & Power Conference at 12:00 p.m. ET in New York on March 6, 2024. To access the live webcast, visit https://morganstanley.webcasts.com/starthere.jsp?ei=1660465&tp_key=6c146265d7. An archived, audio portion of the webcast will be available on the ExxonMobil website approximately 24 hours after the [...]
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