Exxon Mobil Corp. plans to spend $50 billion in the United States over the next five years, an investment enabled by the recent sweeping changes to U.S. corporate tax law, the company said Monday.
On the eve of the most momentous OPEC gathering in at least three years, Exxon Mobil Corp. turned on the spigot on an oil field that’ll pump a supertanker worth of crude every two weeks.
Abu Dhabi National Oil Company (Adnoc) has reached an agreement to increase production capacity from the offshore Upper Zakum oil field to 1million barrels per day (bpd) by 2024.
ExxonMobil and Renewable Energy Group (REG) announced today that they’ve successfully used REG’s patented fermentation technology to convert cellulosic sugars into biodiesel.
ExxonMobil's Baytown and Beaumont refineries have started producing at reduced rates following the onslaught from Hurricane Harvey, the oil major said.
ExxonMobil could restart most of the production units at its huge Beaumont refinery in Texas by the end of this week, a news report said, citing unidentified sources.
It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.