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09.06.2019

Article

Exxon Mobil to Continue Growth Plans and Advance Lower-Emissions Technologies

Exxon Mobil is progressing growth plans while researching technology breakthroughs to reduce emissions, Chairman and CEO Darren Woods told shareholders during the company’s annual meeting.

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02.04.2019

Article

Exxon Mobil Decides on Multi-Billion Dollar Expansion into Higher-Value Lube Base Stocks and Distillates

Exxon Mobil has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude products into higher-value lube base stocks and distillates.

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07.11.2018

Article

Exxon Mobil Starts Production of New Unit at Antwerp Refinery

Exxon Mobil has started operations of a new unit at its Antwerp refinery in Belgium to convert heavy, higher-sulfur residual oils into high-value transportation fuels such as marine gasoil and diesel.

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31.07.2018

Article

Exxon Mobil Earns $ 4 Billion in Q2 2018 as Key Projects Proceed

Exxon Mobil announced that key projects in Guyana, the US Permian Basin, Brazil, Mozambique and Papua New Guinea are positioning the company well to meet the objectives outlined in the long-term earnings growth plans. This resulted in estimated earnings in the second quarter 2018...

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27.07.2018

Article

Exxon Mobil Announces Start-Up of New Ethane Cracker in Baytown

Exxon Mobil announced that operations have commenced at its new 1.5 million ton-per-year ethane cracker at the company’s integrated Baytown chemical and refining complex.

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12.06.2018

Article

Exxon Mobil Announces Retirement of Malcom Farrant and Michael Dolan

Exxon Mobil announced the retirement of Malcolm Farrant as vice president of human resources and of the company's senior vice president Michael J. Dolan.

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06.06.2018

Article

Exxon Mobil Acquires Interest in Carcara Oil Field

Exxon Mobil has completed the purchase of half of Equinor’s interest in the BM-S-8 block offshore Brazil, which contains part of the 2-billion-barrel, pre-salt Carcara oil field.

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05.06.2018

Article

Exxon Mobil Plans to More than Double Earnings Potential by 2025

Exxon Mobil plans to more than double earnings potential by 2025 while addressing the risks of climate change through continued research into breakthrough lower-carbon technologies, Chairman and Chief Executive Officer Darren Woods told shareholders during the company’s annual me...

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17.05.2018

Article

Exxon Mobil and BASF Sign Gas Treating Cooperation Agreement

Exxon Mobil Catalysts and Licensing LLC and BASF have signed an alliance agreement to jointly develop new gas treating solvents and process technologies for use in natural gas processing and petroleum refining.

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02.05.2018

Article

Sabic and Exxon Mobil Create New JV for Gulf Coast Project

Sabic and Exxon Mobil have created a new joint venture to advance development of the Gulf Coast Growth Ventures project, a 1.8 million tonne ethane cracker currently planned for construction in San Patricio County, Texas. The facility will also include a monoethylene glycol unit ...

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10.04.2018

Article

Exxon Mobil Awards License for Flexicoking Technology to Sinochem

Exxon Mobil Catalysts and Licensing LLC reached an agreement with Sinochem Hongrun Petrochemical, to license their proprietary Flexicoking technology. It will be used to build a resid upgrading unit at Sinochem Hongrun’s High-End Chemical Park located in Binhai Economic-Technolog...

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12.03.2018

Article

Exxon Mobil Outlines Growth Plans

Exxon Mobil announced a growth strategy to more than double earnings and cash flow from operations by 2025 at today’s oil prices. Growth plans include steps to increase earnings by more than 100 % — to $ 31 billion by 2025 at 2017 prices — from last year’s adjusted profit of $ 15...

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08.03.2018

Article

Exxon Mobil Targets 10,000 Barrels Per Day of Algae Biofuels Production by 2025

Exxon Mobil and Synthetic Genomics announced a new phase in their joint algae biofuel research program that could lead to the technical ability to produce 10,000 barrels of algae biofuel per day by 2025.

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01.03.2018

Article

Exxon Mobil Announces Further Oil Discovery Offshore Guyana

Exxon Mobil announced its seventh oil discovery offshore Guyana, following drilling at the Pacora-1 exploration well. Pacora will be developed in conjunction with the giant Payara field, and along with other phases, will bring Guyana production to more than 500,000 barrels per da...

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06.02.2018

Article

Exxon Mobil's Ethane Cracker at Baytown to Start-Up Soon

Exxon Mobil announced that a new 1.5 million ton-per-year ethane cracker at its Baytown, Texas complex is mechanically complete with commissioning progressing well. Project startup is expected during the second quarter of 2018.

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30.01.2018

Article

Exxon Mobil to Invest 2 Billion Dollars in Permian Oil Production

Exxon Mobil announced plans to triple total daily production to more than 600,000 oil-equivalent barrels by 2025 from its operations in the Permian Basin in West Texas and New Mexico.

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08.12.2017

Article

New Material Could Make Ethylene Production More Environmentally Friendly

Scientists from Exxon Mobil and the Instituto de Tecnologia Quimica (ITQ) in Valencia, Spain have discovered a potentially revolutionary new material that could significantly reduce the amount of energy and emissions associated with the production of ethylene.

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05.12.2017

Article

Exxon Mobil Merges Refining Marketing Divisions and Appoints New President

Exxon Mobil will combine its refining and marketing operations into a single company in the first quarter of 2018. Bryan Milton, currently president of Exxon Mobil Fuels, Lubricants & Specialties Marketing Company, has been appointed president of the combined division, effect...

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05.11.2017

Article

Exxon Mobil and REG Make Progress in Cellulosic Biodiesel Research

Exxon Mobil and Renewable Energy Group (REG) announced that by utilizing REG’s patented fermentation technology, the companies’ joint research program has demonstrated the ability to convert sugars from a variety of non-edible biomass sources into biodiesel.

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18.10.2017

Article

Exxon Mobil Starts-Up Polyethylene Line at Mont Belvieu Plant

Exxon Mobil Chemical Company has commenced production on the first of two new 650,000 tons-per-year high-performance polyethylene lines at its plastics plant in Mont Belvieu, Texas.

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29.09.2017

Article

Exxon Mobil Commits to Emission Reduction

Exxon Mobil announced an enhanced program to reduce methane emissions from its production and midstream facilities across the United States.

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27.09.2017

Article

Exxon Mobil Resumes Production at Baytown and Beaumont Refineries

Exxon Mobil announced that its Baytown and Beaumont refineries have begun producing fuels at reduced rates and that crude oil and refined product pipelines in the Gulf and other regions of Texas have restarted as recovery continues from Hurricane Harvey.

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28.08.2017

Article

Exxon Mobil Acquires Jurong Aromatics Corporation Plant in Singapore

Exxon Mobil Chemical Company's Singapore affiliate has completed the acquisition of one of the world’s largest aromatics facilities on Jurong Island in Singapore. The acquisition was first announced in May 2017.

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22.07.2017

Article

Exxon Mobil Renews Research into Conversion of Biomass into Fuel

Exxon Mobil announced a two-year renewal of an agreement with the University of Wisconsin-Madison to research the fundamental chemistry of converting biomass into transportation fuels.

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22.07.2017

Article

Exxon Mobil Renews Research into Conversion of Biomass into Fuel

Exxon Mobil announced a two-year renewal of an agreement with the University of Wisconsin-Madison to research the fundamental chemistry of converting biomass into transportation fuels.

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17.07.2017

Article

Mitsubishi Completes Polyethylene Plant in Mont Belvieu

Mitsubishi Heavy Industries America has completed the construction of a large-scale two-train polyethylene plant in Mont Belvieu, Texas, for Exxon Mobil Chemical Company.

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27.06.2017

Article

Exxon Mobil Reports Milestone in Algae Biofuel Research

Exxon Mobil and Synthetic Genomics announced a breakthrough in joint research into advanced biofuels involving the modification of an algae strain.According to the company, the researchers have been able to more than doubled the algae's oil content without significantly inhibitin...

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27.06.2017

Article

Exxon Mobil Reports Milestone in Algae Biofuel Research

Exxon Mobil and Synthetic Genomics announced a breakthrough in joint research into advanced biofuels involving the modification of an algae strain.According to the company, the researchers have been able to more than doubled the algae's oil content without significantly inhibitin...

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23.05.2017

Article

Exxon and Sabic Sign Agreement for US-Petrochemicals Project

Affiliates of Exxon Mobil Corporation and Sabic signed an agreement to conduct a detailed study of the proposed Gulf Coast Growth Ventures project in Texas and begin planning for front-end engineering and design work.

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