ExxonMobil Corporation is an American multinational oil and gas corporation headquartered in Irving, Texas.
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25 Facts About ExxonMobil
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2.
The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey, the corporate entity which effectively controlled all of Standard Oil prior to its breakup.
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3.
ExxonMobil is the largest investor-owned oil company in the world, the largest oil company headquartered in the Western world, and the largest of the Big Oil companies in both production and market value.
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ExxonMobil has a history of lobbying for climate change denial and against the scientific consensus that global warming is caused by the burning of fossil fuels.
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ExxonMobil has been the target of accusations of improperly dealing with human rights issues, influence on American foreign policy, and its impact on various societies across the world.
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ExxonMobil is vertically-integrated into a number of global operating divisions.
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In 2021, ExxonMobil had about 30 billion barrels of oil and oil equivalents, as well as 38.
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Until the 2022 Russian invasion of Ukraine, ExxonMobil held 85,000 acres in the Sakhalin-I project through its subsidiary Exxon Neftegas.
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ExxonMobil formed its Product Solutions division in 2022, combining its previously-separate Downstream and Chemical divisions into a single company.
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ExxonMobil has stations in 46 states, just behind Shell USA and ahead of Phillips 66, lacking a presence only in Alaska, Hawaii, Iowa, and Kansas.
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11.
ExxonMobil Chemical is a petrochemical company that was created by merging Exxon's and Mobil's chemical industries.
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12.
ExxonMobil produces synthetic lubricant base stocks as well as lubricant additives, propylene packaging films and catalysts.
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ExxonMobil is currently in partnerships with Oracle Red Bull Racing in Formula One, Kalitta Motorsports, and Team McLaren.
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ExxonMobil publicly announced it would be investing $15 billion in what it deemed a "lower carbon future", and claims to be the world leader in carbon capture and storage.
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ExxonMobil additionally acquired biofuel company Biojet AS in 2022, and its Canadian subsidiary Imperial Oil is moving ahead with plans to produce a renewable diesel biofuel.
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ExxonMobil announced Hooley would become the new lead independent director.
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ExxonMobil appealed further, and on June 25,2008, the United States Supreme Court lowered the amount to $500 million.
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19.
ExxonMobil originally reported to the Louisiana Department of Environmental Quality that 1,364 pounds of material had been leaked.
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20.
Spokesman for ExxonMobil said that the oil is within 10 miles of the spill site.
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21.
In 2015, ExxonMobil settled charges that it violated the federal Clean Water Act and state environmental laws, for $5.
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22.
ExxonMobil announced it would be fully pulling out of Sakhalin-I in March 2022, in response to the 2022 Russian invasion of Ukraine.
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ExxonMobil is the target of human rights violations accusations for actions taken by the corporation in the Indonesian territory of Aceh.
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In June 2001, a lawsuit against ExxonMobil was filed in the Federal District Court of the District of Columbia under the Alien Tort Claims Act.
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ExxonMobil was ranked as the 12th best of 92 oil, gas, and mining companies on indigenous rights in its Arctic operations.
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