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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.
August 20, 2024 at 6:07 AM. By Sabrina Valle. (Reuters) - An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil ...
A protestor demonstrating as part of the "Exxon knew" movement in Washington, DC in 2015. From the 1980s to mid 2000s, ExxonMobil was a leader in climate change denial, opposing regulations to curtail global warming. For example, ExxonMobil was a significant influence in preventing ratification of the Kyoto Protocol by the United States. [1]
ExxonMobil traces its roots to Vacuum Oil Company, founded in 1866. Vacuum Oil later was acquired by Standard Oil in 1879, divested from Standard in 1911 with its breakup, and merged by the Standard Oil Company of New York (Socony), later known as Mobil, in 1931. After the 1911 breakup, Standard Oil continued to exist through its New Jersey ...
Oil giant ExxonMobil says it will keep ramping up production in offshore Guyana despite the escalation of a territorial dispute with neighboring Venezuela, which claims that oil-rich region as its ...
University of Wisconsin–Madison (BS 1960) University of Minnesota (PhD 1963) Lee Roy Raymond (born August 13, 1938) is an American businessman and was the chief executive officer (CEO) and chairman of ExxonMobil from 1999 to 2005. He had previously been the CEO of Exxon since 1993. He joined the company in 1963 and served as president from ...
California sues ExxonMobil for allegedly misleading the public about plastic recycling. Tony Briscoe, Susanne Rust. September 23, 2024 at 12:05 PM. California Atty. Gen. Rob Bonta's lawsuit is ...
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] [5] While his predecessor was involved in deal making and exploration, Woods is a veteran of the refining side of the oil business. [6]