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In 1999, Exxon and Mobil merged to form the largest oil company in the world and the Beaumont Refinery became one of the 5 largest refineries in the combined company's portfolio. [9] Following a $2 billion major capital investment program twenty five years later, [ 10 ] including a new 250,000 bpd crude unit, Beaumont became the third largest ...
Some of Exxon's largest and most notable oil spills in the United States include long-lasting oil leaks totaling into an estimated 30 million gallon spill into New York City's Newtown Creek over the course of a century by Exxon and other Standard Oil predecessors, [89] a 2011 oil spill which leaked 1,500 barrels of oil into the Yellowstone ...
His major competitor was Ed Galante, another Exxon executive. [32] On January 1, 2006, Tillerson was elected chairman and CEO, following the retirement of Lee Raymond. [ 4 ] At the time, ExxonMobil had 80,000 employees, did business in nearly 200 countries, and had an annual revenue of nearly $400 billion.
Exxon, which has 6,000 Esso service stations in Europe, and 5 refineries, isn’t as brazen in its threats to the EU. But Ducom equally doesn’t think there is much for the continent to look ...
Federal regulators are investigating ExxonMobil's $60 billion deal to acquire a Texas oil company in what would be one the largest mergers in the energy industry in two decades, according to ...
Exxon Mobil Corporation (NYSE:XOM) unveiled its Corporate Plan to 2030, targeting an additional $20 billion in earnings and $30 billion in cash flow over the next six years. The 2030 goals include ...
Exxon later removed the name "Exxon" from its tanker shipping subsidiary, which it renamed "SeaRiver Maritime". The renamed subsidiary, though wholly Exxon-controlled, has a separate corporate charter and board of directors, and the former Exxon Valdez is now the SeaRiver Mediterranean. The renamed tanker is legally owned by a small, stand ...
U.S. Senator Elizabeth Warren, a Democrat on the Senate Banking panel, said on Wednesday she was concerned that Exxon Mobil's agreement to buy U.S. rival Pioneer Natural Resources would raise ...