Exxon Mobil Corporation (NYSE:XOM) announced today that production has begun at the Sakhalin-1 project’s Arkutun-Dagi field – the last of the three fields to be developed. Peak daily production from the field is expected to reach 90,000 barrels. The field, located off the northeast coast of Sakhalin Island in the Russian Far East, will bring total daily production at Sakhalin-1 to more than 200,000 barrels. The other [...]
Exxon Mobil Corporation’s marine affiliate, SeaRiver Maritime, Inc., today named the Eagle Bay, the second of its two new U.S.-flag crude oil tankers, at a ceremony at Aker Philadelphia Shipyard. The first-in-class vessel, constructed at the shipyard, incorporates the latest safety, navigation and engine room technologies and will begin supplying crude oil from Alaska North Slope to refineries along the U.S. west coast [...]
Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), today presented ACH Child and Family Services with the company’s annual holiday gift of $50,000, advancing the nonprofit agency’s mission of protecting children and preserving families. The donation kicks off the agency’s centennial celebration. Rex W. Tillerson, chairman and chief executive officer, E...
Saudi Aramco Mobil Refinery Company Limited (SAMREF), a joint venture of Saudi Aramco and ExxonMobil, has completed construction of major desulfurization facilities, including a new hydrotreater, that dramatically cuts sulfur levels in gasoline and diesel. The SAMREF partnership, which is celebrating 30 years of joint refining operations, demonstrates the long-term collaboration and progress towards meeting the energy [...]
Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand by 2040, according to a new report released today by ExxonMobil. As demand increases, the world will continue to become more efficient in its energy use, according to the 2015 Outlook for Energy: A View to 2040. Without efficiency gains [...]
Media are invited to participate in a webcast to launch ExxonMobil’s 2015 Outlook for Energy: A View to 2040 on Tuesday, December 9, 2014 from 12 p.m. to 1 p.m. CST (1 p.m. to 2 p.m. EST). ExxonMobil executives Bill Colton, vice president of corporate strategic planning, and Ken Cohen, vice president of public and government affairs, will lead the presentation. Sarah Ladislaw, co-director and senior fellow in the Energy [...]
Media are invited to participate in a webcast to launch ExxonMobil’s 2015 Outlook for Energy: A View to 2040 on Tuesday, December 9, 2014 from 12 p.m. to 1 p.m. CST (1 p.m. to 2 p.m. EST). ExxonMobil executives Bill Colton, vice president of corporate strategic planning, and Ken Cohen, vice president of public and government affairs, will lead the presentation. Sarah Ladislaw, co-director and senior fellow in the Energy [...]
Stephen D. Pryor, president, ExxonMobil Chemical Company and vice president of Exxon Mobil Corporation (NYSE:XOM), has elected to retire on January 1, 2015, after more than 44 years of service. It is anticipated that the board of directors of Exxon Mobil Corp. will appoint Neil A. Chapman as president of ExxonMobil Chemical Company and elect him a vice president of the corporation, effective Jan. 1, 2015. Chapman is [...]
ExxonMobil Upstream Research Company has awarded Delta Screens & Filtration LLC a limited international license to ExxonMobil’s Alternate Path technology patent portfolio for gravel packing cased and openhole completion wells. Alternate Path is a patented technology developed by ExxonMobil to improve the reliability of wells completed in sand-prone reservoirs. The technology provides alternate flow paths called shunt [...]
Two cents for every gallon of fuel sold at local Exxon- and Mobil-branded stations in November to be donated as part of a new community program BATON ROUGE, La., Nov. 6, 2014 /PRNewswire/ -- ExxonMobil's branded wholesalers, who supply fuel to Exxon- and Mobil-branded services stations in the Baton Rouge area, announced a new community program to help local teachers and children. During the month of November 2014 [...]
ExxonMobil has signed an agreement to become a founding member of the MIT Energy Initiative (MITEI), a unique collaboration aimed at working together to advance and explore the future of energy. MIT President Rafael Reif and TJ Wojnar, Jr., president of ExxonMobil Research and Engineering Company (EMRE), launched the collaborative effort during a ceremony at MIT. “At MIT, we find that working closely with industry [...]
SUGAR LAND, TX--(Marketwired - Nov 3, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Exxon Mobil Corp. (NYSE:XOM) (Irving, Texas) expects capital and exploration expenditures for next year to total about $37 billion, down from the 2013 high of $42.5 billion, an executive said during the company's third-quarter earnings conference call. Better returns for downstream and chemical operations helped [...]
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