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Exxon Mobil

The Exxon Mobil Corporation, or ExxonMobil, is an American  multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. It has its headquarters in Irving, Texas.

ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. The company has 38 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels.

ExxonMobil is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrels of oil equivalent).
When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.

Headlines Around the Web

Articles About Exxon Mobil

Black Friday shoppers walk past an Apple Store inside the Glendale Galleria, California
Apple Inc May Lose Market Cap Lead to Exxon as Pressure Builds to Release Innovative Products

By IBTimes AU

After Apple Inc investors expressed disappointment over lower than expected iPhone sales last holiday quarter, a 10 per cent sell off in Apple's stocks could happen which will reset earnings back for Exxon Mobil to even surpass the company in market value. (Jan 30)

MORE TOPICS: IPHONE, APPLE INC., STEVE JOBS, IPAD

Global Warming
Global Warming Will Have Temperatures Rising by 4 Degrees by 2100 [Video]

By IBTimes IN

The research, by University of New South Wales, published in Nature concludes that the threat to global climate by carbon dioxide is more sensitive than it was thought to be in earlier studies. (Jan 02)

MORE TOPICS: GLOBAL WARMING

2nd Cost Blowout for Chevron’s Gorgon LNG Project in Western Australia as Projected Expenses Go Up to $54 Billion

By IBTimes AU

Oil and gas giant Chevron is blaming the high labour cost, logistical challenges on its remote sites and delays caused by weather as the main reasons why its Gorgon liquefied natural gas (LNG) project in Western Australia is on a second cost blowout. (Dec 13)

MORE TOPICS: CHEVRON, AUSTRALIA

Mexico to End 75-Year State Monopoly in Oil Sector to Compensate Production Shortfall

By IBTimes UK

Mexico would pass bill that would allow output sharing and licenses for outside oil producers. (Dec 11)

MORE TOPICS: CHEVRON, MEXICO

India, Japan Eye Joint Tenders for Cheaper LNG

By Reuters

India and Japan are stepping up the pressure for cheaper liquefied natural gas (LNG) with potential joint tenders as two of the world's biggest gas buyers try to ease the pain of high prices and rising demand. (Dec 05)

MORE TOPICS: CHINA, CHEVRON, JAPAN, SOUTH KOREA, RUSSIA, INDIA

New $6bn Fuel Supply Deal between Rosneft and BP

By IBTimes UK

BP has become of the biggest buyers from Rosneft after years without a deal between the two giants (Nov 13)

MORE TOPICS: CRUDE OIL, RUSSIA

ONGC Interested in Russia's Arctic Offshore

By Reuters

Indian state-owned oil company ONGC (ONGC.NS) is interested in exploring for oil and gas in the Arctic offshore with Russian partners, leaders of the two countries said after summit talks in Moscow on Monday. (Oct 22)

MORE TOPICS: CHINA, RUSSIA, INDIA, SOUTH AFRICA

Google (GOOG) Achieves Another Milestone Past $1000: Google and Mobile Devices Are the Perfect Pair

By IBTimes AU

Contrary to what a number of analysts predicted, mobile Internet did Google good than harm. Instead of hurting the company’s position, mobile interest has helped Google propel its status further. Whether it’d be iPhones, Samsung Galaxy handsets or S... (Oct 22)

MORE TOPICS: APPLE INC., SAMSUNG, ADVERTISING, SONY

Google and Apple Tops the LinkedIn’s List of ‘Most in Demand Employers’ of 2013

By IBTimes AU

Planning a career? Here is something that will help you chalk down a plan. LinkedIn, the social networking Web site for professional purposes has recently unveiled their list of “Most in Demand Employers, 2013. (Oct 21)

MORE TOPICS: MICROSOFT, CHEVRON, TWITTER, FACEBOOK, PEPSICO, PFIZER

Australian Stock Market Report – Midday 10/4/13

By Comsec

The Australian stock market has seen selling from the outset, in line with most global stock indices in the last day. Investors continue to give US politician the benefit of the doubt, expecting a timely resolution to the budget impasse. (Oct 04)

MORE TOPICS: UNEMPLOYMENT, TWITTER, FACEBOOK, AUSTRALIA, MANAGEMENT, INVESTMENT