Exxon Mobil Corp.

The Board of Directors of Exxon Mobil Corporation (NYSE:XOM) today declared a cash dividend of 69 cents per share on the Common Stock, payable on September 10, 2014 to shareholders of record of Common Stock at the close of business on August 13, 2014. This third quarter dividend is at the same level as the dividend paid in the second quarter of 2014. Through its dividends, the corporation has shared its success with [...]

Exxon Mobil Corporation (NYSE:XOM) will release second quarter financial results on Thursday, July 31, 2014. The earnings press release will be available at 7 a.m. CT at www.exxonmobil.com. David Rosenthal, vice president of Investor Relations, will rev...

In another important step forward for the Alaska LNG project, an application to export liquefied natural gas (LNG) was submitted to the U.S. Department of Energy. The export application requests authorization to export up to 20 million metric tons per year of LNG for a period of 30 years to countries that have existing free trade agreements with the U.S., as well as to non-free trade agreement countries. “This is a [...]

ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., announced today it plans to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel. The new unit will expand the refinery’s ability to help meet energy needs throughout northwest Europe, despite a challenging [...]

Written by John Egan for Industrial Info Resources - Royal Dutch Shell plc is selling its acreage in the Eagle Ford Shale to Sanchez Energy Corp. for about $639 million, continuing the super-major's asset sales and portfolio repositioning. Shell bought that acreage a few years back for an estimated $1 billion. Last summer, the super-major took a $2.1 billion write-down on the value of its Eagle Ford assets.

ExxonMobil Chemical Company announced today that it has started construction of a multi-billion dollar ethane cracker at its Baytown, Texas, complex and associated premium product facilities in nearby Mont Belvieu. This project, and major investments ExxonMobil has made to develop oil and natural gas resources in the United States, including the merger with XTO Energy, demonstrates the company’s continuing commitment to [...]

Industry leadership in producing liquefied natural gas (LNG) earned Exxon Mobil Corporation (NYSE:XOM) an Excellence Award today at the World Petroleum Congress in Moscow. ExxonMobil received the Excellence Award for Technical Development for its leadership in safety, environment and technology in the development of the global LNG industry through strong partnerships and long-term vision. “ExxonMobil’s history as an [...]

The board of directors of Exxon Mobil Corporation (NYSE:XOM) is expected to appoint D.G. (Jerry) Wascom president of ExxonMobil Refining & Supply Company and elect him a vice president of the corporation, effective Aug. 1, 2014. Wascom, 58, is currently director of refining for North America, ExxonMobil Refining & Supply Company. Wascom began his career in 1979 as a refining engineer at Baton Rouge refinery in [...]

Exxon Mobil Corporation (NYSE:XOM) today announced the CLOV project in Angola started up on schedule and is expected to reach daily production capacity of 160,000 barrels in the coming months. CLOV is the fourth major development hub of Total-operated Block 17, after Girassol, Dalia and Pazflor. An ExxonMobil affiliate has a 20 percent working interest in CLOV, which will produce oil from the four fields of Cravo [...]

Exxon Mobil Corporation’s (NYSE:XOM) board of directors has elected Jack P. Williams and Darren W. Woods to the positions of senior vice president and members of the management committee of the corporation. Williams, 50, currently executive vice president of ExxonMobil Production Company, will also become a vice president of the corporation. Woods, 49, is currently president of ExxonMobil Refining & Supply Company and a [...]