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ExxonMobil, one of the most powerful players in the energy industry, is at a crossroads. For more than a century, the company made billions selling and refining oil and gas and was seen as financially and politically untouchable. But today, with mounting concerns around climate change, the company is coming under pressure from both outside and within to transform its business and figure out a place in a lower carbon future. Watch the video to learn about how ExxonMobil started out as a company making kerosene, why some blame it for a climate change misinformation campaign, and where the company says it will generate future profits as the world transitions away from oil and gas.
The full documentary, "ExxonMobil at the Crossroads," is streaming now on Peacock and CNBC.com.
Chapters:
00;30;05 History of ExxonMobil
03;31;23 Misinformation campaign?
06;05;08 Shareholder rebellion
09;40;06 Low carbon projects
13;48;27 Biofuels
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How ExxonMobil Is Banking On Biofuels
- published: 08 Aug 2022
- views: 189716
Good day and thanks for visiting oil and gas planet dot com, today we are going to deliver you an outline of exxon mobil.
Now, who are exxon mobil? Exxon Mobil Corporation is international oil and gas American organization that has its headquarter located in Irvin, Texas.
This company was formed on the 30th of November, 1999, following the merging of Exxon who were formerly called the Standard Oil Company of New Jersey, and Mobile, who were previously called the Standard Oil Company from New York. Exxon Mobil is indeed the largest direct descendant of John D. Rockfeller's Standard Oil Company.
Exxon Mobil, other than being the world's seventh leading company by revenue, it is also the seventh leading publicly trading company by market capitalization. In 2014, Exxon Mobil was described as the most lucrative corporation in the Fortune 500. It ranked ninth globally in the Forbes Global 2000 in 2016.
With every day production of 3.921 million barrels of oil equivalent, Exxon Mobil gets checked as the largest sized of the world's Big Oil corporations. However, the amount of oil produced by Exxon Mobil is dramatically smaller sized than what is produced by a considerable number of various other national firms.
When ranked by how huge oil and gas reserves is, Exxon Mobil is the 14th in the world as it has under 1% of the total reserves. The company's 2007 rate of production was estimated to last more than 14 years. At the end of 2013, Exxon Mobil's oil and gas reserves were 25.5 billion barrels of oil equivalent.
Exxon Mobil is the largest refiner in the world, despite the availability of 37 oil refineries in 21 countries, which constitutes a combined daily refining capacity of 6.3 million barrels.
Ok, but what about exxon mobil's financial standing. Well, although Wal-Mart stayed the largest by number of employees, Exxon Mobil beat it as the world's largest publicly held firm in 2005. In that same year, Exxon Mobil's revenue was $340 billion, which was a 25% increase over its income in 2004.
In 2006, Wal-Mart didn't look like it was going to drop again to Exxon Mobil; it snatched the lead with revenues of $348.7 billion against Exxon Mobil's $335 billion. Exxon Mobil continued to lead the world with profits of $39.5 billion in 2006, and a market value $460.43 billion.
In 2007, Exxon Mobil experienced an increase in its net income, which was $40.61 billion on $404.552 billion of revenue. This increase was as a result of the inflation of oil prices as their billion barrels of oil equivalent production decreased by 1%.
Stay tuned for more details on exxon mobil. This exxon overview was brought to you today by oilandgasplanet.com
- published: 13 Feb 2018
- views: 5719
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
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Exxon Mobil corporation has a long and varied history within the oil industry.
The company is the largest publicly traded oil and petrochemical business in the world,
operating in the majority of the world’s companies under the brands Exxon, Mobil, and Esso.
Exxon Mobil is headquartered Irving, Texas, but is nearing completion on a 3,000,000 square
feet corporate campus in the city of Spring, a suburb of Houston As of December 31, 2016,
the Company had exploration and development activities in areas onshore and offshore in the lower
48 states of the United States and in Alaska. Its development activities focus on liquids-rich
opportunities in the onshore United States, primarily in the Permian Basin of West Texas and
New Mexico, the Bakken oil play in North Dakota and Montana. In addition, gas development activities
are in the Marcellus Shale of Pennsylvania and West Virginia, the Utica Shale of Ohio and the
Haynesville Shale of East Texas and Louisiana. As of December 31, 2016, the Company's acreage holdings
totaled 12.9 million net acres, of which 1.0 million net acres were offshore. During the fiscal year
ended December 31, 2016 (fiscal 2016), a total of 1.6 net exploration and development wells were
completed. As of December 31, 2016, the Company's net acreage in the Gulf of Mexico was 0.9 million
acres. As of December 31, 2016, a total of 14.0 net development wells completed in Alaska.
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- published: 07 Oct 2018
- views: 8353
Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and weighs in on U.S. energy production amid a potential global crisis this winter.
- published: 28 Oct 2022
- views: 11528
For years, Exxon Mobil was one of the largest publicly-traded companies in the United States. Coming climate legislation may target the core of the oil and gas giant's operation: production and exploration. The company says it will pivot. But the plan relies on capturing carbon from the oil it will keep pumping in the future. Watch the video to see what experts think of Exxon's green economy plans.
Oil giant Exxon Mobil, once the most valuable company in the U.S., is fighting for its future.
Over the summer, investors forced a change on Exxon’s board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage.
Carbon capture is the process of capturing CO2 at its source. Companies can store the carbon dioxide permanently, but it is more profitable and common to use the captured carbon in further fossil fuel production.
Congressional researchers say U.S. companies have pioneered the technology worldwide, injecting roughly 68 million metric tons of carbon dioxide back into the ground every year.
Exxon Mobil recently announced a plan to increase the amount of carbon it captures from its refineries near Houston, Texas. The company says it has captured 40% of the world’s captured carbon to date.
But another count from the investors at Engine No. 1 suggests that Exxon may be capturing less than 1% of its own annual emissions on a rolling basis. This count includes Scope 3 emissions, a much broader accounting of a company’s planet warming potential. Exxon Mobil publicly disclosed an estimate of its Scope 3 emissions for the first time in 2021.
The company told CNBC it will try to flatten its production of fossil fuels through 2025, depending on market conditions. More changes could come as regulators around the world zero in on climate.
But carbon market scholar Kate Ervine said that “the devil is in the details” when it comes to writing climate policies that affect oil and gas majors.
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How Realistic Is ExxonMobil's Climate Change Pivot?
- published: 09 Nov 2021
- views: 192328
developed with YouTube
ExxonMobil
Exxon Mobil Corp. (ExxonMobil) 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 Company, and was formed on November 30, 1999 by the merger of Exxon (formerly Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York).
The world's 5th largest company by revenue, ExxonMobil is also the third largest publicly traded company by market capitalization. The company was ranked No. 6 globally in Forbes Global 2000 list in 2014. ExxonMobil was the second most profitable company in the Fortune 500 in 2014.
ExxonMobil is the largest of the world's supermajors with daily production of 3.921 million BOE. In 2008, this was approximately 3 percent 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 percent of the total. ExxonMobil's reserves were 25.2 billion BOE (barrels of oil equivalent) at the end of 2013 and the 2007 rates of production were expected to last more than 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), ExxonMobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/ExxonMobil
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Exxon Mobil: The Most Evil Business in the World
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published: 29 Dec 2021 -
How ExxonMobil Is Banking On Biofuels
ExxonMobil, one of the most powerful players in the energy industry, is at a crossroads. For more than a century, the company made billions selling and refining oil and gas and was seen as financially and politically untouchable. But today, with mounting concerns around climate change, the company is coming under pressure from both outside and within to transform its business and figure out a place in a lower carbon future. Watch the video to learn about how ExxonMobil started out as a company making kerosene, why some blame it for a climate change misinformation campaign, and where the company says it will generate future profits as the world transitions away from oil and gas. The full documentary, "ExxonMobil at the Crossroads," is streaming now on Peacock and CNBC.com. Chapters: 00;30;...
published: 08 Aug 2022 -
Who Are Exxon Mobil
Good day and thanks for visiting oil and gas planet dot com, today we are going to deliver you an outline of exxon mobil. Now, who are exxon mobil? Exxon Mobil Corporation is international oil and gas American organization that has its headquarter located in Irvin, Texas. This company was formed on the 30th of November, 1999, following the merging of Exxon who were formerly called the Standard Oil Company of New Jersey, and Mobile, who were previously called the Standard Oil Company from New York. Exxon Mobil is indeed the largest direct descendant of John D. Rockfeller's Standard Oil Company. Exxon Mobil, other than being the world's seventh leading company by revenue, it is also the seventh leading publicly trading company by market capitalization. In 2014, Exxon Mobil was described a...
published: 13 Feb 2018 -
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day Dont Forget To Subscribe Us : https://www.youtube.com/channel/UC3PviGU16Vh20bqVTOrLvcQ Follow Us On Twitter : https://twitter.com/HOWBIG10 Our Facebook Page Is : https://www.facebook.com/howbigisseries Exxon Mobil corporation has a long and varied history within the oil industry. The company is the largest publicly traded oil and petrochemical business in the world, operating in the majority of the world’s companies under the brands Exxon, Mobil, and Esso. Exxon Mobil is headquartered Irving, Texas, but is nearing completion on a 3,000,000 square feet corporate campus in the city of Spring, a suburb of Houston As of December 31, 2016, the Company had exploration and development activities in ...
published: 07 Oct 2018 -
Exxon Mobil CEO Darren Woods: OPEC is leveraging its pricing power
Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and weighs in on U.S. energy production amid a potential global crisis this winter.
published: 28 Oct 2022 -
Can Exxon Mobil Actually Reduce Its Climate Emissions?
For years, Exxon Mobil was one of the largest publicly-traded companies in the United States. Coming climate legislation may target the core of the oil and gas giant's operation: production and exploration. The company says it will pivot. But the plan relies on capturing carbon from the oil it will keep pumping in the future. Watch the video to see what experts think of Exxon's green economy plans. Oil giant Exxon Mobil, once the most valuable company in the U.S., is fighting for its future. Over the summer, investors forced a change on Exxon’s board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage. Carbon capture is the process of capturing CO2 at its source. Companies can store the carbon dioxide permanently, bu...
published: 09 Nov 2021
developed with YouTube
15:37
Exxon Mobil: The Most Evil Business in the World
- Order: Reorder
- Duration: 15:37
- Uploaded Date: 29 Dec 2021
- views: 446675
Masterworks | Get priority access to invest in blue-chip art: https://masterworks.art/jaketran
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Speaker is compensated for endorsement. See important Masterworks disclosures: https://mw-art.co/32wGFRe
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, jake@jaketran.io, and we can sort it out.
Copyright © 2021 Transcend Visuals, LLC. All rights reserved.
DISCLAIMER:
This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
AFFILIATE DISCLOSURE: Some of the links in this video's description are affiliate links, meaning, at no additional cost to you, the owner may earn a commission if you click through, make a purchase, and/or opt-in.
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Speaker is compensated for endorsement. See important Masterworks disclosures: https://mw-art.co/32wGFRe
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, jake@jaketran.io, and we can sort it out.
Copyright © 2021 Transcend Visuals, LLC. All rights reserved.
DISCLAIMER:
This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
AFFILIATE DISCLOSURE: Some of the links in this video's description are affiliate links, meaning, at no additional cost to you, the owner may earn a commission if you click through, make a purchase, and/or opt-in.
- published: 29 Dec 2021
- views: 446675
18:26
How ExxonMobil Is Banking On Biofuels
- Order: Reorder
- Duration: 18:26
- Uploaded Date: 08 Aug 2022
- views: 189716
ExxonMobil, one of the most powerful players in the energy industry, is at a crossroads. For more than a century, the company made billions selling and refining...
ExxonMobil, one of the most powerful players in the energy industry, is at a crossroads. For more than a century, the company made billions selling and refining oil and gas and was seen as financially and politically untouchable. But today, with mounting concerns around climate change, the company is coming under pressure from both outside and within to transform its business and figure out a place in a lower carbon future. Watch the video to learn about how ExxonMobil started out as a company making kerosene, why some blame it for a climate change misinformation campaign, and where the company says it will generate future profits as the world transitions away from oil and gas.
The full documentary, "ExxonMobil at the Crossroads," is streaming now on Peacock and CNBC.com.
Chapters:
00;30;05 History of ExxonMobil
03;31;23 Misinformation campaign?
06;05;08 Shareholder rebellion
09;40;06 Low carbon projects
13;48;27 Biofuels
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How ExxonMobil Is Banking On Biofuels
https://wn.com/How_Exxonmobil_Is_Banking_On_Biofuels
ExxonMobil, one of the most powerful players in the energy industry, is at a crossroads. For more than a century, the company made billions selling and refining oil and gas and was seen as financially and politically untouchable. But today, with mounting concerns around climate change, the company is coming under pressure from both outside and within to transform its business and figure out a place in a lower carbon future. Watch the video to learn about how ExxonMobil started out as a company making kerosene, why some blame it for a climate change misinformation campaign, and where the company says it will generate future profits as the world transitions away from oil and gas.
The full documentary, "ExxonMobil at the Crossroads," is streaming now on Peacock and CNBC.com.
Chapters:
00;30;05 History of ExxonMobil
03;31;23 Misinformation campaign?
06;05;08 Shareholder rebellion
09;40;06 Low carbon projects
13;48;27 Biofuels
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
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How ExxonMobil Is Banking On Biofuels
- published: 08 Aug 2022
- views: 189716
3:14
Who Are Exxon Mobil
- Order: Reorder
- Duration: 3:14
- Uploaded Date: 13 Feb 2018
- views: 5719
Good day and thanks for visiting oil and gas planet dot com, today we are going to deliver you an outline of exxon mobil.
Now, who are exxon mobil? Exxon Mobil...
Good day and thanks for visiting oil and gas planet dot com, today we are going to deliver you an outline of exxon mobil.
Now, who are exxon mobil? Exxon Mobil Corporation is international oil and gas American organization that has its headquarter located in Irvin, Texas.
This company was formed on the 30th of November, 1999, following the merging of Exxon who were formerly called the Standard Oil Company of New Jersey, and Mobile, who were previously called the Standard Oil Company from New York. Exxon Mobil is indeed the largest direct descendant of John D. Rockfeller's Standard Oil Company.
Exxon Mobil, other than being the world's seventh leading company by revenue, it is also the seventh leading publicly trading company by market capitalization. In 2014, Exxon Mobil was described as the most lucrative corporation in the Fortune 500. It ranked ninth globally in the Forbes Global 2000 in 2016.
With every day production of 3.921 million barrels of oil equivalent, Exxon Mobil gets checked as the largest sized of the world's Big Oil corporations. However, the amount of oil produced by Exxon Mobil is dramatically smaller sized than what is produced by a considerable number of various other national firms.
When ranked by how huge oil and gas reserves is, Exxon Mobil is the 14th in the world as it has under 1% of the total reserves. The company's 2007 rate of production was estimated to last more than 14 years. At the end of 2013, Exxon Mobil's oil and gas reserves were 25.5 billion barrels of oil equivalent.
Exxon Mobil is the largest refiner in the world, despite the availability of 37 oil refineries in 21 countries, which constitutes a combined daily refining capacity of 6.3 million barrels.
Ok, but what about exxon mobil's financial standing. Well, although Wal-Mart stayed the largest by number of employees, Exxon Mobil beat it as the world's largest publicly held firm in 2005. In that same year, Exxon Mobil's revenue was $340 billion, which was a 25% increase over its income in 2004.
In 2006, Wal-Mart didn't look like it was going to drop again to Exxon Mobil; it snatched the lead with revenues of $348.7 billion against Exxon Mobil's $335 billion. Exxon Mobil continued to lead the world with profits of $39.5 billion in 2006, and a market value $460.43 billion.
In 2007, Exxon Mobil experienced an increase in its net income, which was $40.61 billion on $404.552 billion of revenue. This increase was as a result of the inflation of oil prices as their billion barrels of oil equivalent production decreased by 1%.
Stay tuned for more details on exxon mobil. This exxon overview was brought to you today by oilandgasplanet.com
https://wn.com/Who_Are_Exxon_Mobil
Good day and thanks for visiting oil and gas planet dot com, today we are going to deliver you an outline of exxon mobil.
Now, who are exxon mobil? Exxon Mobil Corporation is international oil and gas American organization that has its headquarter located in Irvin, Texas.
This company was formed on the 30th of November, 1999, following the merging of Exxon who were formerly called the Standard Oil Company of New Jersey, and Mobile, who were previously called the Standard Oil Company from New York. Exxon Mobil is indeed the largest direct descendant of John D. Rockfeller's Standard Oil Company.
Exxon Mobil, other than being the world's seventh leading company by revenue, it is also the seventh leading publicly trading company by market capitalization. In 2014, Exxon Mobil was described as the most lucrative corporation in the Fortune 500. It ranked ninth globally in the Forbes Global 2000 in 2016.
With every day production of 3.921 million barrels of oil equivalent, Exxon Mobil gets checked as the largest sized of the world's Big Oil corporations. However, the amount of oil produced by Exxon Mobil is dramatically smaller sized than what is produced by a considerable number of various other national firms.
When ranked by how huge oil and gas reserves is, Exxon Mobil is the 14th in the world as it has under 1% of the total reserves. The company's 2007 rate of production was estimated to last more than 14 years. At the end of 2013, Exxon Mobil's oil and gas reserves were 25.5 billion barrels of oil equivalent.
Exxon Mobil is the largest refiner in the world, despite the availability of 37 oil refineries in 21 countries, which constitutes a combined daily refining capacity of 6.3 million barrels.
Ok, but what about exxon mobil's financial standing. Well, although Wal-Mart stayed the largest by number of employees, Exxon Mobil beat it as the world's largest publicly held firm in 2005. In that same year, Exxon Mobil's revenue was $340 billion, which was a 25% increase over its income in 2004.
In 2006, Wal-Mart didn't look like it was going to drop again to Exxon Mobil; it snatched the lead with revenues of $348.7 billion against Exxon Mobil's $335 billion. Exxon Mobil continued to lead the world with profits of $39.5 billion in 2006, and a market value $460.43 billion.
In 2007, Exxon Mobil experienced an increase in its net income, which was $40.61 billion on $404.552 billion of revenue. This increase was as a result of the inflation of oil prices as their billion barrels of oil equivalent production decreased by 1%.
Stay tuned for more details on exxon mobil. This exxon overview was brought to you today by oilandgasplanet.com
- published: 13 Feb 2018
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5:09
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
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- Duration: 5:09
- Uploaded Date: 07 Oct 2018
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How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
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Exxon Mobil corporation has a long and varied history within the oil industry.
The company is the largest publicly traded oil and petrochemical business in the world,
operating in the majority of the world’s companies under the brands Exxon, Mobil, and Esso.
Exxon Mobil is headquartered Irving, Texas, but is nearing completion on a 3,000,000 square
feet corporate campus in the city of Spring, a suburb of Houston As of December 31, 2016,
the Company had exploration and development activities in areas onshore and offshore in the lower
48 states of the United States and in Alaska. Its development activities focus on liquids-rich
opportunities in the onshore United States, primarily in the Permian Basin of West Texas and
New Mexico, the Bakken oil play in North Dakota and Montana. In addition, gas development activities
are in the Marcellus Shale of Pennsylvania and West Virginia, the Utica Shale of Ohio and the
Haynesville Shale of East Texas and Louisiana. As of December 31, 2016, the Company's acreage holdings
totaled 12.9 million net acres, of which 1.0 million net acres were offshore. During the fiscal year
ended December 31, 2016 (fiscal 2016), a total of 1.6 net exploration and development wells were
completed. As of December 31, 2016, the Company's net acreage in the Gulf of Mexico was 0.9 million
acres. As of December 31, 2016, a total of 14.0 net development wells completed in Alaska.
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How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
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Exxon Mobil corporation has a long and varied history within the oil industry.
The company is the largest publicly traded oil and petrochemical business in the world,
operating in the majority of the world’s companies under the brands Exxon, Mobil, and Esso.
Exxon Mobil is headquartered Irving, Texas, but is nearing completion on a 3,000,000 square
feet corporate campus in the city of Spring, a suburb of Houston As of December 31, 2016,
the Company had exploration and development activities in areas onshore and offshore in the lower
48 states of the United States and in Alaska. Its development activities focus on liquids-rich
opportunities in the onshore United States, primarily in the Permian Basin of West Texas and
New Mexico, the Bakken oil play in North Dakota and Montana. In addition, gas development activities
are in the Marcellus Shale of Pennsylvania and West Virginia, the Utica Shale of Ohio and the
Haynesville Shale of East Texas and Louisiana. As of December 31, 2016, the Company's acreage holdings
totaled 12.9 million net acres, of which 1.0 million net acres were offshore. During the fiscal year
ended December 31, 2016 (fiscal 2016), a total of 1.6 net exploration and development wells were
completed. As of December 31, 2016, the Company's net acreage in the Gulf of Mexico was 0.9 million
acres. As of December 31, 2016, a total of 14.0 net development wells completed in Alaska.
-~-~~-~~~-~~-~-
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- published: 07 Oct 2018
- views: 8353
5:48
Exxon Mobil CEO Darren Woods: OPEC is leveraging its pricing power
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- Duration: 5:48
- Uploaded Date: 28 Oct 2022
- views: 11528
Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and weighs in on U.S. energy production amid a ...
Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and weighs in on U.S. energy production amid a potential global crisis this winter.
https://wn.com/Exxon_Mobil_Ceo_Darren_Woods_Opec_Is_Leveraging_Its_Pricing_Power
Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and weighs in on U.S. energy production amid a potential global crisis this winter.
- published: 28 Oct 2022
- views: 11528
15:44
Can Exxon Mobil Actually Reduce Its Climate Emissions?
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- Duration: 15:44
- Uploaded Date: 09 Nov 2021
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For years, Exxon Mobil was one of the largest publicly-traded companies in the United States. Coming climate legislation may target the core of the oil and gas ...
For years, Exxon Mobil was one of the largest publicly-traded companies in the United States. Coming climate legislation may target the core of the oil and gas giant's operation: production and exploration. The company says it will pivot. But the plan relies on capturing carbon from the oil it will keep pumping in the future. Watch the video to see what experts think of Exxon's green economy plans.
Oil giant Exxon Mobil, once the most valuable company in the U.S., is fighting for its future.
Over the summer, investors forced a change on Exxon’s board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage.
Carbon capture is the process of capturing CO2 at its source. Companies can store the carbon dioxide permanently, but it is more profitable and common to use the captured carbon in further fossil fuel production.
Congressional researchers say U.S. companies have pioneered the technology worldwide, injecting roughly 68 million metric tons of carbon dioxide back into the ground every year.
Exxon Mobil recently announced a plan to increase the amount of carbon it captures from its refineries near Houston, Texas. The company says it has captured 40% of the world’s captured carbon to date.
But another count from the investors at Engine No. 1 suggests that Exxon may be capturing less than 1% of its own annual emissions on a rolling basis. This count includes Scope 3 emissions, a much broader accounting of a company’s planet warming potential. Exxon Mobil publicly disclosed an estimate of its Scope 3 emissions for the first time in 2021.
The company told CNBC it will try to flatten its production of fossil fuels through 2025, depending on market conditions. More changes could come as regulators around the world zero in on climate.
But carbon market scholar Kate Ervine said that “the devil is in the details” when it comes to writing climate policies that affect oil and gas majors.
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How Realistic Is ExxonMobil's Climate Change Pivot?
https://wn.com/Can_Exxon_Mobil_Actually_Reduce_Its_Climate_Emissions
For years, Exxon Mobil was one of the largest publicly-traded companies in the United States. Coming climate legislation may target the core of the oil and gas giant's operation: production and exploration. The company says it will pivot. But the plan relies on capturing carbon from the oil it will keep pumping in the future. Watch the video to see what experts think of Exxon's green economy plans.
Oil giant Exxon Mobil, once the most valuable company in the U.S., is fighting for its future.
Over the summer, investors forced a change on Exxon’s board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage.
Carbon capture is the process of capturing CO2 at its source. Companies can store the carbon dioxide permanently, but it is more profitable and common to use the captured carbon in further fossil fuel production.
Congressional researchers say U.S. companies have pioneered the technology worldwide, injecting roughly 68 million metric tons of carbon dioxide back into the ground every year.
Exxon Mobil recently announced a plan to increase the amount of carbon it captures from its refineries near Houston, Texas. The company says it has captured 40% of the world’s captured carbon to date.
But another count from the investors at Engine No. 1 suggests that Exxon may be capturing less than 1% of its own annual emissions on a rolling basis. This count includes Scope 3 emissions, a much broader accounting of a company’s planet warming potential. Exxon Mobil publicly disclosed an estimate of its Scope 3 emissions for the first time in 2021.
The company told CNBC it will try to flatten its production of fossil fuels through 2025, depending on market conditions. More changes could come as regulators around the world zero in on climate.
But carbon market scholar Kate Ervine said that “the devil is in the details” when it comes to writing climate policies that affect oil and gas majors.
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How Realistic Is ExxonMobil's Climate Change Pivot?
- published: 09 Nov 2021
- views: 192328
15:37
Exxon Mobil: The Most Evil Business in the World
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published: 29 Dec 2021
Exxon Mobil: The Most Evil Business in the World
Exxon Mobil: The Most Evil Business in the World
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18:26
How ExxonMobil Is Banking On Biofuels
ExxonMobil, one of the most powerful players in the energy industry, is at a crossroads. F...
published: 08 Aug 2022
How ExxonMobil Is Banking On Biofuels
How ExxonMobil Is Banking On Biofuels
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ExxonMobil, one of the most powerful players in the energy industry, is at a crossroads. For more than a century, the company made billions selling and refining oil and gas and was seen as financially and politically untouchable. But today, with mounting concerns around climate change, the company is coming under pressure from both outside and within to transform its business and figure out a place in a lower carbon future. Watch the video to learn about how ExxonMobil started out as a company making kerosene, why some blame it for a climate change misinformation campaign, and where the company says it will generate future profits as the world transitions away from oil and gas.
The full documentary, "ExxonMobil at the Crossroads," is streaming now on Peacock and CNBC.com.
Chapters:
00;30;05 History of ExxonMobil
03;31;23 Misinformation campaign?
06;05;08 Shareholder rebellion
09;40;06 Low carbon projects
13;48;27 Biofuels
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How ExxonMobil Is Banking On Biofuels
3:14
Who Are Exxon Mobil
Good day and thanks for visiting oil and gas planet dot com, today we are going to deliver...
published: 13 Feb 2018
Who Are Exxon Mobil
Who Are Exxon Mobil
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Good day and thanks for visiting oil and gas planet dot com, today we are going to deliver you an outline of exxon mobil.
Now, who are exxon mobil? Exxon Mobil Corporation is international oil and gas American organization that has its headquarter located in Irvin, Texas.
This company was formed on the 30th of November, 1999, following the merging of Exxon who were formerly called the Standard Oil Company of New Jersey, and Mobile, who were previously called the Standard Oil Company from New York. Exxon Mobil is indeed the largest direct descendant of John D. Rockfeller's Standard Oil Company.
Exxon Mobil, other than being the world's seventh leading company by revenue, it is also the seventh leading publicly trading company by market capitalization. In 2014, Exxon Mobil was described as the most lucrative corporation in the Fortune 500. It ranked ninth globally in the Forbes Global 2000 in 2016.
With every day production of 3.921 million barrels of oil equivalent, Exxon Mobil gets checked as the largest sized of the world's Big Oil corporations. However, the amount of oil produced by Exxon Mobil is dramatically smaller sized than what is produced by a considerable number of various other national firms.
When ranked by how huge oil and gas reserves is, Exxon Mobil is the 14th in the world as it has under 1% of the total reserves. The company's 2007 rate of production was estimated to last more than 14 years. At the end of 2013, Exxon Mobil's oil and gas reserves were 25.5 billion barrels of oil equivalent.
Exxon Mobil is the largest refiner in the world, despite the availability of 37 oil refineries in 21 countries, which constitutes a combined daily refining capacity of 6.3 million barrels.
Ok, but what about exxon mobil's financial standing. Well, although Wal-Mart stayed the largest by number of employees, Exxon Mobil beat it as the world's largest publicly held firm in 2005. In that same year, Exxon Mobil's revenue was $340 billion, which was a 25% increase over its income in 2004.
In 2006, Wal-Mart didn't look like it was going to drop again to Exxon Mobil; it snatched the lead with revenues of $348.7 billion against Exxon Mobil's $335 billion. Exxon Mobil continued to lead the world with profits of $39.5 billion in 2006, and a market value $460.43 billion.
In 2007, Exxon Mobil experienced an increase in its net income, which was $40.61 billion on $404.552 billion of revenue. This increase was as a result of the inflation of oil prices as their billion barrels of oil equivalent production decreased by 1%.
Stay tuned for more details on exxon mobil. This exxon overview was brought to you today by oilandgasplanet.com
5:09
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
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published: 07 Oct 2018
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
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How Big Is Exxon Mobil | They Have 6.3 Million Barrels Oil Production Per Day
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Exxon Mobil corporation has a long and varied history within the oil industry.
The company is the largest publicly traded oil and petrochemical business in the world,
operating in the majority of the world’s companies under the brands Exxon, Mobil, and Esso.
Exxon Mobil is headquartered Irving, Texas, but is nearing completion on a 3,000,000 square
feet corporate campus in the city of Spring, a suburb of Houston As of December 31, 2016,
the Company had exploration and development activities in areas onshore and offshore in the lower
48 states of the United States and in Alaska. Its development activities focus on liquids-rich
opportunities in the onshore United States, primarily in the Permian Basin of West Texas and
New Mexico, the Bakken oil play in North Dakota and Montana. In addition, gas development activities
are in the Marcellus Shale of Pennsylvania and West Virginia, the Utica Shale of Ohio and the
Haynesville Shale of East Texas and Louisiana. As of December 31, 2016, the Company's acreage holdings
totaled 12.9 million net acres, of which 1.0 million net acres were offshore. During the fiscal year
ended December 31, 2016 (fiscal 2016), a total of 1.6 net exploration and development wells were
completed. As of December 31, 2016, the Company's net acreage in the Gulf of Mexico was 0.9 million
acres. As of December 31, 2016, a total of 14.0 net development wells completed in Alaska.
-~-~~-~~~-~~-~-
Please watch: "How Big is ALPHABET INC? (They OWN Google, Nest, DeepMind, Calico)"
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5:48
Exxon Mobil CEO Darren Woods: OPEC is leveraging its pricing power
Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-q...
published: 28 Oct 2022
Exxon Mobil CEO Darren Woods: OPEC is leveraging its pricing power
Exxon Mobil CEO Darren Woods: OPEC is leveraging its pricing power
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Exxon Mobil CEO Darren Woods joins CNBC's 'Squawk Box' to break down the company's third-quarter earnings report and weighs in on U.S. energy production amid a potential global crisis this winter.
15:44
Can Exxon Mobil Actually Reduce Its Climate Emissions?
For years, Exxon Mobil was one of the largest publicly-traded companies in the United Stat...
published: 09 Nov 2021
Can Exxon Mobil Actually Reduce Its Climate Emissions?
Can Exxon Mobil Actually Reduce Its Climate Emissions?
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- published: 09 Nov 2021
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For years, Exxon Mobil was one of the largest publicly-traded companies in the United States. Coming climate legislation may target the core of the oil and gas giant's operation: production and exploration. The company says it will pivot. But the plan relies on capturing carbon from the oil it will keep pumping in the future. Watch the video to see what experts think of Exxon's green economy plans.
Oil giant Exxon Mobil, once the most valuable company in the U.S., is fighting for its future.
Over the summer, investors forced a change on Exxon’s board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage.
Carbon capture is the process of capturing CO2 at its source. Companies can store the carbon dioxide permanently, but it is more profitable and common to use the captured carbon in further fossil fuel production.
Congressional researchers say U.S. companies have pioneered the technology worldwide, injecting roughly 68 million metric tons of carbon dioxide back into the ground every year.
Exxon Mobil recently announced a plan to increase the amount of carbon it captures from its refineries near Houston, Texas. The company says it has captured 40% of the world’s captured carbon to date.
But another count from the investors at Engine No. 1 suggests that Exxon may be capturing less than 1% of its own annual emissions on a rolling basis. This count includes Scope 3 emissions, a much broader accounting of a company’s planet warming potential. Exxon Mobil publicly disclosed an estimate of its Scope 3 emissions for the first time in 2021.
The company told CNBC it will try to flatten its production of fossil fuels through 2025, depending on market conditions. More changes could come as regulators around the world zero in on climate.
But carbon market scholar Kate Ervine said that “the devil is in the details” when it comes to writing climate policies that affect oil and gas majors.
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How Realistic Is ExxonMobil's Climate Change Pivot?
ExxonMobil
Exxon Mobil Corp. (ExxonMobil) 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 Company, and was formed on November 30, 1999 by the merger of Exxon (formerly Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York).
The world's 5th largest company by revenue, ExxonMobil is also the third largest publicly traded company by market capitalization. The company was ranked No. 6 globally in Forbes Global 2000 list in 2014. ExxonMobil was the second most profitable company in the Fortune 500 in 2014.
ExxonMobil is the largest of the world's supermajors with daily production of 3.921 million BOE. In 2008, this was approximately 3 percent 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 percent of the total. ExxonMobil's reserves were 25.2 billion BOE (barrels of oil equivalent) at the end of 2013 and the 2007 rates of production were expected to last more than 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), ExxonMobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.
This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/ExxonMobil
Exxon Mobil: The Most Evil Business in the World...
How ExxonMobil Is Banking On Biofuels...
Who Are Exxon Mobil...
How Big Is Exxon Mobil | They Have 6.3 Million Bar...
Exxon Mobil CEO Darren Woods: OPEC is leveraging i...
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Latest News for: exxon mobil corp
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Exxon signals strong Q4 profit to drive annual record
Exxon Mobil CorpFollow. Jan 4 (Reuters) - Exxon Mobil Corp (XOM.N) on Wednesday signaled another strong operational profit of about $15.4 billion in its fourth quarter, pushing it toward a record profit for all of 2022 ... But preliminary operational results confirmed 2022 was Exxon's best financial year with profits of around $58 billion.
Edit
U.S. poised to regain crown as world's top LNG exporter
Companies. Exxon Mobil CorpFollow. New Fortress Energy IncFollow. Sempra EnergyFollow ... In 2022, U.S ... U.S ... LNG export plants expected to begin operations are QatarEnergy/Exxon Mobil Corp's (XOM.N) 2.4-bcfd Golden Pass plant in Texas and Venture Global's 1.8-bcfd Plaquemines plant in Louisiana, with first shipments from both expected in 2024 ... ....
Edit
Exxon, Chevron focus on oil projects in the Americas
... globe is shrinking for Exxon Mobil Corp.
Edit
U.S. poised to regain crown as world’s top LNG exporter
By Scott DiSavino ... A June fire sidelined Freeport LNG, the second biggest U.S. export facility, and cut U.S ... In 2022, U.S ... LNG export plants expected to begin operations are QatarEnergy/Exxon Mobil Corp’s 2.4-bcfd Golden Pass plant in Texas and Venture Global’s 1.8-bcfd Plaquemines plant in Louisiana, with first shipments from both expected in 2024.
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Oil Companies Have Plundered Louisiana’s Coast. They Owe Us Reparations.
To receive Global Research’s Daily Newsletter (selected articles), click here. Follow us on Instagram and Twitter and subscribe to our Telegram Channel. Feel free to repost and share widely Global Research articles. *** ... The suit was filed against Chevron USA, Exxon Mobil Corp., ConocoPhillips Co ... Chevron made $11.2 billion and Exxon made $19.7 billion.
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JPMorgan, Citi among firms facing potential divestment by Kentucky over energy 'boycott'
In the testimony, Blass said BlackRock is a significant investor in many energy companies like Exxon Mobil Corp (XOM.N) and Occidental Petroleum Corp (OXY.N).Reporting by Niket Nishant in Bengaluru; Editing by Shailesh Kuber.
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The year big tech stocks fell from glory
Exxon Mobil Corp., meanwhile, didn’t crack the top 25 at the start and ended the year in eighth place.As consumers and businesses tighten their belts to brace for a potential recession, tech companies that had appeared immune to the economic woes of the pandemic have seen their revenue slow.
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Oil Updates — Crude rebounds; Exxon sees oil earnings ease in Q4
RIYADH. Oil prices rebounded on Thursday amid dollar weakness and as investors emerged to buy dips after two sessions of steep losses, though economic concerns capped recovery ... China, Philippines to promote cooperation on oil, gas projects ... Exxon sees oil and gas earnings ease in fourth quarter. Exxon Mobil Corp ... (With input from Reuters) ....
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腾讯重回全球10大最具价值公司排行榜
根据彭博统计的数据，腾讯控股是在本星期三（1月4日）超越石油和天然气生产商埃克森美孚公司（Exxon Mobil Corp），成为全球第10大公司。在中国股市开年创下2009年以来的最佳开局走势的带动下，腾讯控股在香港上市的股票也跟着在上涨4.6％，膨胀的市值也为它拿下这个10大名次。 ... ....
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Fangtooth oil discovery may justify Guyana’s 7th platform, Hess CEO
... which would be the seventh in the country, Hess Corp Chief Executive Office John Hess said in a conference on Thursday. Hess Corp is part of the Exxon Mobil Corp-led consortium that has confirmed so far plans for six floating production vessels in the South American country.
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What the fracking revolution shows about the future of fusion
Similarly, the development of the rechargeable lithium-ion battery by scientists at Exxon Mobil Corp in the 1970s paved the way for electric vehicles, grid-sized energy storage and electronic devices.
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The Hawk Eye
30 Dec 2022
Republicans ramp up anti-ESG campaign for 2023
The Hawk Eye
30 Dec 2022
In October, Louisiana decided to remove almost $800 million in state funds from the asset manager, claiming the firm’s “blatantly anti-fossil policies would destroy Louisiana’s economy.” The action was taken despite the fact that BlackRock is among the world’s largest investors in oil giants including Exxon Mobil Corp.
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Exxon sues EU to block windfall tax
US oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal ...
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Oil Updates — Crude dips on dampening demand outlook; Somalia rejects Genel Energy’s claim to ...
Exxon sues EU in move to block new windfall tax on oil companies. US oil major Exxon Mobil Corp is suing the EU in a bid to force it to scrap the new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy ... Exxon said it invested $3 billion in the past decade in refinery projects in Europe ... Chevron Corp.
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