Exxon Mobil Corporation (NYSE:XOM) announced today that bitumen production began on schedule at the $2 billion Cold Lake Nabiye project expansion in northeastern Alberta, Canada. The expansion is producing about 20,000 barrels per day and volumes are expected to increase during the year to peak daily production of 40,000 barrels. Nabiye will access 280 million barrels of recoverable resources during its expected 30-year [...]
ExxonMobil Research Qatar (EMRQ) today announced that ExxonMobil has awarded a global commercial license for Immersive 3D Operator Training Simulator technology to co-developer EON Reality Inc. The innovative technology incorporates ultra-realistic, multi-angle immersive virtual reality for training process operators and engineers in oil and gas production, processing and transportation facilities. The technology enables [...]
Exxon Mobil Corporation (NYSE:XOM) announced today that its subsidiary, Esso Exploration Angola (Block 15) Limited (Esso Angola), has started oil production ahead of schedule at the Kizomba Satellites Phase 2 project offshore Angola. Kizomba Satellites Phase 2 is a Block 15 subsea infrastructure development of the Kakocha, Bavuca and Mondo South fields. Mondo South is the first field to begin production, and the other two [...]
The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 73 cents per share on the Common Stock, payable on June 10, 2015 to shareholders of record of Common Stock at the close of business on May 13, 2015. This second quarter dividend compares with 69 cents per share paid in the first quarter of 2015. Through its dividends, the corporation has shared its success with its shareholders [...]
Exxon Mobil Corporation (NYSE:XOM) will release first quarter financial results on Thursday, April 30, 2015. A press release will be issued via Business Wire and available at 7 a.m. CT at www.exxonmobil.com. Jeff Woodbury, vice president of Investor Relations, will review the results during a listen-only conference call at 10:00 a.m. CT. The earnings presentation can be accessed via webcast or by calling (888) 245-0988 [...]
ExxonMobil today announced $10 million in new grants to mark World Malaria Day, continuing the company €™s 15-year commitment to fighting a disease that is preventable and treatable, yet still kills more than half a million people annually. This year €™s grants from ExxonMobil and the ExxonMobil Foundation support a range of research, education, advocacy and treatment programs to reduce the human and [...]
The United States is at risk of losing economic opportunity and the ability to solidify its role as a global leader in energy production unless the government moves to approve liquefied natural gas (LNG) exports, Rob Franklin, president of ExxonMobil Gas & Power Marketing Company, said today. If policymakers don ™t revisit and redress some significant legal and regulatory problems ¦then the U.S. could be left [...]
ExxonMobil and its employees are donating more than $1.4 million to higher education institutions across California as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program. In 2014, ExxonMobil employees, retirees, directors and surviving spouses contributed $848,000 to 38 California colleges and universities, which was matched with $619,000 unrestricted grants from the ExxonMobil Foundation [...]
ExxonMobil and its employees are donating $857,000 to higher education institutions across Colorado as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program. In 2014, ExxonMobil employees, retirees, directors and surviving spouses contributed $282,000 to 12 Colorado colleges and universities, which was matched with $575,000 unrestricted grants from the ExxonMobil Foundation. Although grants [...]
ExxonMobil and its employees are donating more than $1.1 million to higher education institutions across Illinois as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program. In 2014, ExxonMobil employees, retirees, directors and surviving spouses contributed $363,000 to 34 Illinois colleges and universities, which was matched with $821,000 unrestricted grants from the ExxonMobil Foundation [...]
ExxonMobil and its employees are donating $854,000 to higher education institutions across Kansas as part of the ExxonMobil Foundation’s 2014 Educational Matching Gift Program. In 2014, ExxonMobil employees, retirees, directors and surviving spouses contributed $288,000 to nine Kansas colleges and universities, which was matched with $566,000 unrestricted grants from the ExxonMobil Foundation. Although grants are [...]