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History of ExxonMobil information


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 1886 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s. The present name of the company comes from a 1999 merger of Standard Oil's New Jersey and New York successors, which adopted the names Exxon and Mobil respectively throughout the middle of the 20th century. Because of Standard Oil of New Jersey's ownership over all Standard Oil assets at the time of the 1911 breakup, ExxonMobil is seen by some as the definitive continuation of Standard Oil today.[1]

Today, ExxonMobil is the largest investor-owned oil and gas company in the world by revenue and market capitalization. The company is frequently included near the top of the Fortune 500 and Fortune Global 500, and trails only Saudi Aramco in market capitalization among all the world's energy firms.[2][3][4]

  1. ^ "Standard Oil | History, Monopoly, & Breakup | Britannica". www.britannica.com. Retrieved 2023-05-10.
  2. ^ "Global 500". Fortune. Retrieved 2022-09-15.
  3. ^ "Companies ranked by Market Cap - CompaniesMarketCap.com". companiesmarketcap.com. Retrieved 2023-01-10.
  4. ^ "Exxon Mobil". Fortune. Retrieved 2023-01-10.

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History of ExxonMobil

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ExxonMobil

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ExxonMobil has offshore oil production in Nigeria, and is the country's second largest crude oil producer. Mobil Producing Nigeria (MPN) began shallow...

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Criticism of ExxonMobil

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v. ExxonMobil Corp. Climate change denial Criticism of Chevron Engine No. 1 History of ExxonMobil People of the State of New York v. Exxon Mobil Corp...

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Mobil

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corporation of the same name (Mobil Oil Corporation), which itself merged with Exxon to form ExxonMobil in 1999. A direct descendant of Standard Oil, Mobil was...

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ExxonMobil Australia (formerly Esso Australia) is an Australian affiliate of ExxonMobil, the U.S.-based oil giant. It operates a number of oil and gas...

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"4 Priceless Moments in ExxonMobil's History of Climate Denial". Greenpeace. Retrieved February 3, 2016. Selected ExxonMobil climate research collaborations...

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The Exxon Valdez oil spill was a major environmental disaster that made worldwide headlines in the spring of 1989 and occurred in Alaska's Prince William...

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Accusations of ExxonMobil human rights violations in Aceh

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denied ExxonMobil's motions to dismiss the case, clearing the way for the lawsuit to go to trial, although no trial date was set. In 2015, ExxonMobil sold...

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ExxonMobil Building

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2002). "ExxonMobil may be frontrunner for Enron Center South building". The Houston Business Journal. Retrieved 18 January 2011. "History". The Petroleum...

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Mobil 1

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globally marketed and sold by ExxonMobil. Mobil 1 engine oil was introduced in 1974. The brand range now includes a variety of engine oils, oil filters, chassis...

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Esso

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brand and the Mobil brand are the primary brand names of ExxonMobil, while the Exxon brand is used only in the United States alongside Mobil. In 1911, Standard...

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ExxonMobil Electrofrac

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ExxonMobil Electrofrac is an in situ shale oil extraction technology proposed by ExxonMobil for converting kerogen in oil shale to shale oil. ExxonMobil...

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Rex Tillerson

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of Exxon and Mobil, he was named executive vice president of ExxonMobil Development Company. In 2004, he became president and director of ExxonMobil....

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Exxon Valdez

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2008. On 27 August 2008, Exxon Mobil agreed to pay 75% of the US$507.5 million damages ruling to settle the 1989 Exxon Valdez oil spill off Alaska. In...

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Exxon Neftegas

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Exxon Neftegas Limited (ENL; Russian: Эксон Нефтегаз Лимитед) is a defunct subsidiary of the American oil company ExxonMobil which operated mostly in Russia...

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Standard Oil

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few companies: ExxonMobil, continuation of Standard Oil of New Jersey (later Exxon) which merged with Standard Oil of New York (later Mobil) Chevron, continuation...

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Speedpass

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identification (RFID) device introduced in 1997 by Mobil (which merged with Exxon to become ExxonMobil in 1999) for electronic payment. It was originally...

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Magnolia Petroleum Company

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'Socony Mobil' and, ultimately to Mobil Oil Corporation. In 1999, Mobil merged with Exxon to form ExxonMobil, one of the largest oil companies in the world...

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Baton Rouge Refinery

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ExxonMobil's Baton Rouge Refinery in Baton Rouge, Louisiana is the sixth-largest oil refinery in the United States and seventeenth-largest in the world...

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Humble Oil

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nationwide as Exxon and discontinued Humble, along with its other brands Esso and Enco. Today, Humble's assets are owned and operated by ExxonMobil, which formed...

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Baytown Refinery

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ExxonMobil's Baytown Refinery is a major oil refinery named after and located in Baytown, Texas. It has capacity of 588,000 barrels per day (93,500 m3/d)...

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Standard Vacuum Oil Company

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would eventually merge into ExxonMobil in 1999. Following the break-up of Standard Oil in 1911, the "Standard Oil Company of New York" (also known for its...

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Monroe Jackson Rathbone II

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president, and CEO of Standard Oil of New Jersey (now the Exxon Corporation). Rathbone was born in Parkersburg, West Virginia, the son of Ida Virginia (née...

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Vacuum Oil Company

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(itself renamed to Exxon) to form ExxonMobil in 1999. Vacuum Oil was founded in 1866 by Matthew Ewing and Hiram Bond Everest, of Rochester, New York. Lubrication...

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