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ExxonMobil formed its Product Solutions division in 2022, combining its previously separate Downstream and Chemical divisions into a single company. [36] On Oct. 1 2024, Nigeria approved the $1.28 billion sale of Exxon Mobil's onshore assets to Seplat Energy, more than two years after the deal was first agreed upon in February 2022 [37]
In 2024, ExxonMobil paid $16.7 billion in dividends and bought back $19.3 billion in stock -- reaffirming plans to spend $20 billion on buybacks per year through at least 2026.
ExxonMobil, an American multinational oil and gas corporation presently based out of Texas, has had one of the longest histories of any company in its industry.A direct descendant of John D. Rockefeller's Standard Oil, the company traces its roots as far back as 1866 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s.
Woods joined Exxon in 1992. He had worked for Exxon for 24 years prior to being promoted to CEO following Rex Tillerson's nomination by President Donald Trump to be the next United States Secretary of State. [2] [6] While his predecessor was involved in deal making and exploration, Woods is a veteran of the refining side of the oil business. [7]
ExxonMobil has offshore oil production in Nigeria, and is the country's second largest crude oil producer. [1] Mobil Producing Nigeria (MPN) began shallow water operations in 1955, and owns over 90 platforms and 300 producing wells covering 3,200 square kilometres (1,200 sq mi; 790,000 acres). [2] ExxonMobil also has deepwater production in ...
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Energy portal; This category is for oil and gas fields owned, operated or developed by ExxonMobil. Pages in category "ExxonMobil oil and gas fields"
Energy portal; Subcategories. ... Imperial Oil (13 P) Pages in category "ExxonMobil subsidiaries" The following 19 pages are in this category, out of 19 total.