Definitions for exxon mobil
exxon mo·bil

WikipediaRate this definition:0.0 / 0 votes

1. exxon mobil

   ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil, both of which are used as retail brands, alongside Esso, for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. ExxonMobil is incorporated in New Jersey.ExxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey (or Jersey Standard for short), the corporate entity which effectively controlled all of Standard Oil prior to its breakup. Jersey Standard grew alongside and with extensive partnership another Standard Oil descendant and its future merger partner, the Standard Oil Company of New York (Socony), both of which grew bigger by merging with various third companies like Humble Oil (which merged with Jersey Standard) and Vacuum Oil (merged with Socony). Both companies underwent rebranding in the 1960s and early 1970s, and by the time of the 1999 merger, Jersey Standard had been known as Exxon, and Socony known as Mobil. The merger agreement between Exxon and Mobil stipulated that Exxon would buy Mobil and rebrand as ExxonMobil, with Mobil's CEO becoming the vice-chairman of the company.One of the world's largest companies by revenue, ExxonMobil since its merger varied from the first to tenth largest publicly traded company by revenue, and has one of the largest market capitalizations out of any company. As of 2022, in the most recent rankings released in the Fortune 500, ExxonMobil was ranked sixth, and twelfth on the Fortune Global 500. 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. ExxonMobil's reserves were 20 billion BOE at the end of 2016 and the 2007 rates of production were expected to last more than 14 years. With 21 oil refineries constituting a combined daily refining capacity of 4.9 million barrels (780,000 m3), ExxonMobil is the second largest oil refiner in the world, trailing only Sinopec. Approximately 55.56% of the company's shares are held by institutions, the largest of which as of 2019 were The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%). ExxonMobil has been widely criticized, mostly for environmental incidents and its history of climate change denial against the scientific consensus that fossil fuels significantly contribute to global warming. The company is responsible for many oil spills, the largest and most notable of which was the Exxon Valdez oil spill in Alaska, considered to be one of the world's worst oil spills in terms of damage to the environment. The company has also been the target of accusations of human rights violations, excessive influence on America's foreign policy, and its impact on various societies across the world.

WikidataRate this definition:0.0 / 0 votes

1. Exxon Mobil

   Exxon Mobil Corporation, or ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas, United States. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil It is affiliated with Imperial Oil which operates in Canada. ExxonMobil is the world's largest company by revenue and in 2013, became the largest publicly traded company by market capitalization in the world. The company is ranked #5 globally in Forbes Global 2000 list in 2013. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then rates of production, are expected to last over 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels, Exxon Mobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870. ExxonMobil is the largest of the world's supermajors with daily production of 3.921 million BOE. In 2008, this was approximately 3% of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.

Suggested ResourcesRate this definition:0.0 / 0 votes

1. exxon mobil

   Quotes by exxon mobil -- Explore a large variety of famous quotes made by exxon mobil on the Quotes.net website.

How to pronounce exxon mobil?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say exxon mobil in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of exxon mobil in Chaldean Numerology is: 8

2. Pythagorean Numerology

   The numerical value of exxon mobil in Pythagorean Numerology is: 7

Examples of exxon mobil in a Sentence

1. Thomas DiNapoli:

   Investors need to know if Exxon Mobil is taking necessary steps to prepare for a lower carbon future, particularly now in the wake of the Paris agreement.

2. Thomas DiNapoli:

   As investors, we need to know how Exxon Mobil's bottom line will be impacted by the global effort to reduce greenhouse gas emissions and what the company plans to do about it.

3. Maura Healey:

   If Exxon Mobil has tried to cloud their judgment, we are determined to hold the company accountable.

4. Ibrahima Diaby:

   It's with Exxon Mobil. We expect to finish discussions before the end of the year, A memorandum of understanding was signed for the two ultra-deep blocks and negotiations for the production sharing agreements are very advanced.

5. Venezuelan President Nicolas Maduro:

   (That was) a grave diplomatic mistake. Exxon Mobil is behind all this, i hope... the Guyanese president can reflect and take the necessary steps for a process of dialogue and abandon grandiloquent discourse and stop listening to the bad, pernicious and wrong advice from Exxon Mobil and the officials it has bought.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Exxon_Mobil
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=exxon mobil