ExxonMobil
Irving, TX 75039
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Introducing New Mobil DTE 10 Excel Series
A new standard in energy efficient productivity The new Mobil DTE 10 Excel Series is engineered to better address the lubrication demands of a new generation of high-pressure industrial and mobile equipment - helping you reduce power consumption and increase machine output surpassing even our standard-setting Mobil DTE 20 Series and Mobil DTE 10M Series hydraulic oils. A product of the latest in...
Read More »ExxonMobil Extends Technology Partnership with Team McLaren Mercedes; Team McLaren Mercedes Is One of the World's Premier Formula 1 Racing Teams
FAIRFAX, Va.--June 28, 2006--ExxonMobil has announced a long-term extension of its Technology Partnership with Team McLaren Mercedes to supply the Formula 1 racing team with Mobil 1-branded motor oils and high-performance fuels. The Mobil 1, McLaren and Mercedes-Benz Technology Partnership began in 1995, producing continuous advances in the technologies used by Team McLaren Mercedes in Formula 1...
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Industrial Lubricant protects gears, bearings, and seals.
Providing gearbox wear protection, Mobilgear 600 XP helps control micropitting and other forms of gear wear. Balanced formulation offers bearing and corrosion protection while remaining compatible with commonly used gearbox sealing materials. Product also minimizes formulation of oil degradation by-products that lead to frequent oil changes. Mobilgear 600 XP surpasses industry specifications such...
Read More »ExxonMobil Updates Growth Plans, Significant Additional Upside Possible
NEW YORK – ExxonMobil today said it has updated its growth plans and expects annual earnings potential to increase by more than 140 percent by 2025 from 2017 adjusted earnings, assuming an oil price of $60 per barrel and based on 2017 margins. “Given the success we experienced last year and the progress we’re making on our plans, we have even greater confidence in our ability to grow value...
Read More »ExxonMobil to Increase, Accelerate Permian Output to 1 Million Barrels per Day by 2024
IRVING, Texas – ExxonMobil said today it has revised its Permian Basin growth plans to produce more than 1 million oil-equivalent barrels per day by as early as 2024 – an increase of nearly 80 percent and a significant acceleration of value. Updated plans call for nearly 80 percent more unconventional production Doubling of production in 2018 increases confidence in growth plans Increased...
Read More »ExxonMobil Announces Retirement of John Verity and Appointment of Karen McKee as President of ExxonMobil Chemical Company
IRVING, Texas – Exxon Mobil Corporation said today that John Verity, president of ExxonMobil Chemical Company, has elected to retire after 38 years of Service. The board of directors appointed Karen McKee, senior vice president for basic chemicals, integration and growth, to be president of ExxonMobil Chemical Company, effective April 1, 2019. Verity, 60, joined Exxon Chemical in 1980 and...
Read More »ExxonMobil Makes Natural Gas Discovery Offshore Cyprus
IRVING, Texas — ExxonMobil today said it has made a natural gas discovery offshore Cyprus in the Eastern Mediterranean at the Glaucus-1 well. Glaucus-1 well encounters a gas-bearing reservoir of approximately 436 feet (133 meters) Well is located in offshore Block 10 southwest of Cyprus in the Eastern Mediterranean Further evaluation of Block 10 potential continues The well, located in Block...
Read More »ExxonMobil Adds 4.5 Billion Barrels to Reserves
IRVING, Texas – Exxon Mobil Corporation said today it added 4.5 billion oil-equivalent barrels of proved oil and gas reserves in 2018, replacing 313 percent of the year’s production. Higher prices and unconventional drilling drive proved reserves additions Reserves life at current production rates is 17 years Continuing success in exploration and strategic acquisitions in Guyana and Brazil...
Read More »ExxonMobil to Increase Permian Profitability Through Digital Partnership with Microsoft
IRVING, Texas — ExxonMobil said today a new partnership with Microsoft will make its Permian Basin operations the largest-ever oil and gas acreage to use cloud technology and is expected to generate billions in net cash flow over the next decade through improvements in analyses and enhancements to operational efficiencies. Permian application to generate billions of dollars in value over the...
Read More »ExxonMobil Announces Two New Discoveries Offshore Guyana
IRVING, Texas — ExxonMobil said today it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. Eleventh and 12th discoveries made at Tilapia-1 and Haimara-1 wells in southeast section of Stabroek Block Adds to recently updated estimate of the discovered recoverable resource to more than 5...
Read More »ExxonMobil, Qatar Petroleum to Proceed with Golden Pass LNG Export Project
IRVING, Texas — ExxonMobil and partner Qatar Petroleum said today they have made a final investment decision to proceed with development of the Golden Pass LNG export project located in Sabine Pass, Texas. $10+ billion investment will create thousands of jobs, provide reliable LNG supply to global markets Project to have a capacity of around 16 million tons per year of liquefied natural gas...
Read More »ExxonMobil Streamlining Upstream Organization to Support Growth Plans
IRVING, Texas — Exxon Mobil Corporation (NYSE:XOM) said today it will streamline its upstream organization and centralize project delivery across the company to support previously announced plans to double operating cash flow and earnings by 2025. Enhanced, integrated organization to maximize value of industry-leading portfolio End-to-end integration across full upstream value chain to increase...
Read More »ExxonMobil Advancing Integrated Gas-for-Power Development in Vietnam
IRVING, Texas — ExxonMobil, with joint venture partners PetroVietnam and PetroVietnam Exploration Production Corporation, said today that it is advancing plans for a multi-billion dollar integrated gas-for-power development in central Vietnam. Proposed development to provide cleaner, reliable power and stimulate economic growth and improved living standards Front-end engineering and design work...
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