ExxonMobil and its employees are donating $696,300 to higher education institutions across Colorado as part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program. In 2013, ExxonMobil employees, retirees, directors and surviving spouses contributed $204,300, which was matched with $492,000 in unrestricted grants from the ExxonMobil Foundation. Although grants are unrestricted, colleges and universities [...]
ExxonMobil and its employees are donating $2.6 million to higher education institutions across Pennsylvania as part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program, an increase of 5 percent over the prior year. In 2013, ExxonMobil employees, retirees, directors and surviving spouses contributed $802,500, which was matched with $1.8 million in unrestricted grants from the ExxonMobil Foundation [...]
ExxonMobil and its employees are donating $3.0 million to higher education institutions across New York as part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program. In 2013, ExxonMobil employees, retirees, directors and surviving spouses contributed $874,300, which was matched with $2.1 million in unrestricted grants from the ExxonMobil Foundation. Although grants are unrestricted, colleges and [...]
ExxonMobil and its employees are donating $44.2 million to higher education institutions across the country as part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program, an increase of 10 percent over the prior year. ExxonMobil employees, retirees, directors and surviving spouses contributed $13.7 million, which was matched with $30.5 million in unrestricted grants from the ExxonMobil Foundation. The [...]
ExxonMobil and its employees are donating $9.7 million to higher education institutions across Texas as part of the ExxonMobil Foundation’s 2013 Educational Matching Gift Program. In 2013, ExxonMobil employees, retirees, directors and surviving spouses contributed $2.8 million, which was matched with $6.9 million in unrestricted grants from the ExxonMobil Foundation. Although grants are unrestricted, colleges and [...]
All energy sources, including carbon-based fuels, are necessary to meet future global energy demand growth as society manages the risks of climate change, ExxonMobil said today in two reports to shareholders outlining the company’s business planning and risk assessment practices. “Our analysis and those of independent agencies confirms our long-standing view that all viable energy sources will be essential to meet [...]
ExxonMobil Chemical today announced the opening of its world-scale manufacturing facility that will enable the company to produce up to 50,000 tons of SpectraSyn Elite metallocene polyalphaolefin (mPAO) synthetic lubricant base stocks annually at its integrated refining and chemical complex in Baytown, Texas. ExxonMobil Chemical representatives attend ribbon cutting of new plant to make synthetic lubricant base st...
The United States can help meet rising global chemical demand and, in the process, create new, high-paying American jobs, Steve Pryor, president of ExxonMobil Chemical Company, said in a keynote speech today at the IHS World Petrochemical Conference. ExxonMobil forecasts that global demand for ethylene, the largest petrochemical building block, will grow by 150 percent from 2010 to 2040, driven by rising prosperity and [...]
The ExxonMobil Foundation today announced the 30 Dallas County nonprofit agencies to receive grants through the 2014 ExxonMobil Community Summer Jobs Program. The eight-week summer program provides assistance to nonprofit agencies while enabling college students to gain valuable work experience and a better understanding of the important role of nonprofit organizations. “Nonprofit agencies provide vital community [...]
U.S. energy sector employees can help accelerate economic growth and employment by supporting sound energy policies and education, job training and career development, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), said today. “Pro-growth energy policies can spur our economy by opening access to American resources, enabling investment and innovation, and by advancing energy [...]
Exxon Mobil Corporation (NYSE:XOM) expects to start production at a record 10 major projects in 2014, adding new capacity of approximately 300,000 net oil equivalent barrels per day and contributing to profitable production growth, Rex W. Tillerson, chairman and chief executive officer, said today. “These projects exemplify our focus on maintaining a diversified portfolio and highlight our ability to grow profitable [...]
Exxon Mobil Corporation (NYSE:XOM) announced today it replaced 103 percent of its 2013 production by adding proved oil and gas reserves totaling 1.6 billion oil-equivalent barrels, including a 153 percent replacement ratio for crude oil and other liquids. “Our industry-leading record of long-term reserves replacement demonstrates the success of our global strategy to identify, evaluate, pursue and capture high-quality [...]