exxon

ExxonMobil and Global Thermostat to Advance Breakthrough Atmospheric Carbon Capture Technology

Dateline City: IRVING, Texas Technology removes carbon dioxide from industrial sources and the atmosphere Companies to evaluate potential scalability Applications could extend across multiple industrial sectors IRVING, Texas–(BUSINESS WIRE)–ExxonMobil and Global Thermostat said today that they have signed a joint development agreement to advance breakthrough technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. The companies will evaluate the potential scalability

ExxonMobil to Provide $3 Million to USAID Programs in Mozambique

Dateline City: MAPUTO, Mozambique MAPUTO, Mozambique–(BUSINESS WIRE)–ExxonMobil and the United States Agency for International Development (USAID) said today that ExxonMobil will provide $3 million to USAID to design and administer programs that improve social and economic development in Mozambique. The collaboration was announced by Administrator Mark Green at the 2019 Corporate Council on U.S.-Africa Business Summit. Language: English Contact: ExxonMobil Media Relations972-940-6007 USAID:202-712-4320 Ticker Slug: Ticker: XOM Exchange: NYSE read more ExxonMobil Press Releases

ExxonMobil, SABIC to Proceed with Gulf Coast Growth Ventures Project

Dateline City: IRVING, Texas & RIYADH, Saudi Arabia New facility to include 1.8 million metric ton ethane steam cracker Investment to create 6,000 jobs during construction, 600 permanent jobs Economic output to exceed $22 billion during construction and $50 billion during first six years IRVING, Texas & RIYADH, Saudi Arabia–(BUSINESS WIRE)–ExxonMobil and SABIC today announced the decision to proceed with the construction of a chemical facility and a 1.8 million

ExxonMobil Completes Singapore Expansion to Enhance Group II Base Stocks Supply

Dateline City: IRVING, Texas Expansion strengthens global supply of high-quality base stocks to meet growing demand Products enable customers to blend lubricants that help reduce emissions and improve fuel efficiency Supply to customers expected by the third quarter of 2019 IRVING, Texas–(BUSINESS WIRE)–ExxonMobil today said that it has completed an expansion at its Singapore refinery to upgrade its production of EHC™ Group II base stocks, strengthening the global supply of

ExxonMobil Proceeds with Argentina Expansion Project in Vaca Muerta Basin

Dateline City: IRVING, Texas Project to complete 90 wells, a central production facility and export infrastructure First phase peak production to reach 55,000 oil-equivalent barrels per day in five years IRVING, Texas–(BUSINESS WIRE)–ExxonMobil said today it is proceeding with a long-term oil development in Argentina’s Bajo del Choique-La Invernada block. The project is expected to produce up to 55,000 oil-equivalent barrels per day within five years and will include 90

ExxonMobil Community Summer Jobs Program to Benefit Dallas-Area Nonprofits and College Students

Dateline City: IRVING, Texas Twenty Dallas County nonprofit agencies receive grants to hire talented interns Paid internships provide much-needed summer assistance for local organizations Participating students benefit from valuable experience and professional development IRVING, Texas–(BUSINESS WIRE)–The ExxonMobil Foundation said today that it is providing $55,000 in grants to nonprofit agencies in Dallas County as part of its Community Summer Jobs Program. Language: English Contact: Media Relations972-940-6007 Ticker Slug: Ticker: XOM

ExxonMobil, Partners to Redevelop Angola Block 15 to Increase Production

Dateline City: IRVING, Texas Project to produce approximately 40,000 additional barrels of oil per day Production-sharing agreement extends operations through 2032 Project will generate about 1,000 local jobs during construction IRVING, Texas–(BUSINESS WIRE)–ExxonMobil and its partners said today they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, Gas and Biofuels. As part of the

ExxonMobil Progresses Growth Plans and Efforts to Advance Lower-Emissions Technologies

Dateline City: DALLAS Plans on track to more than double earnings and cash flow generation potential by 2025 Key projects progressing on schedule Work continues on lower-emissions technologies, including biofuels and carbon capture DALLAS–(BUSINESS WIRE)–ExxonMobil is progressing growth plans to substantially increase earnings and cash flow potential while researching technology breakthroughs to reduce emissions, Chairman and CEO Darren Woods told shareholders during the company’s annual meeting today. Language: English Contact:

Media Advisory: ExxonMobil Annual Meeting of Shareholders Wednesday, May 29, 2019

Dateline City: IRVING, Texas IRVING, Texas–(BUSINESS WIRE)–ExxonMobil is holding its annual meeting of shareholders on Wednesday, May 29, 2019. Media access will only be provided to authorized representatives of commercial news organizations who register by Friday, May 24, 2019. Please note, only media who have registered before the deadline will be provided access to the annual meeting. Language: English Contact: ExxonMobil Media Relations(972) 940-6007 Ticker Slug: Ticker: XOM Exchange: NYSE

ExxonMobil Permian Development to Provide $64 Billion in Benefits to New Mexico: Study

Dateline City: IRVING, Texas Study evaluates planned development activities over the next 40 years Research shows New Mexico to receive an estimated $62 billion in net fiscal benefits Local communities to gain an estimated $1.8 billion in economic growth IRVING, Texas–(BUSINESS WIRE)–ExxonMobil today said a new study estimates the company’s development of Permian Basin resources in New Mexico will generate approximately $64 billion in net economic benefits for the state