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Exxon Mobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product. The company operates refineries, chemical plants and retail outlets, and supplies aviation fuels, marine fuels, and feedstocks for plastics and other industrial chemicals. In addition to conventional hydrocarbons, ExxonMobil develops and supplies liquefied natural gas (LNG) and participates in joint ventures and partnerships to support global energy logistics and petrochemical manufacturing.
Formed by the 1999 merger of Exxon and Mobil, the company traces its corporate lineage to the Standard Oil companies of the late 19th and early 20th centuries. ExxonMobil is incorporated in New Jersey and headquartered in Irving, Texas, and it conducts operations and sells products in markets around the world, including North and South America, Europe, Africa, Asia and Australia. Its global footprint includes exploration and production projects in major petroleum basins and a network of downstream and chemical facilities serving regional and international customers.
ExxonMobil is led by chairman and chief executive officer Darren W. Woods. In recent years the company has maintained traditional upstream and downstream businesses while increasing investments in research and technology related to lower-emission energy solutions, including carbon capture and storage, hydrogen and advanced biofuels. ExxonMobil’s strategy emphasizes operational reliability, large-scale project development and partnerships to serve evolving global energy and industrial demand.
Georgia's only private electric utility plans to increase power capacity by 50% after state regulators on Friday agreed 5-0 that the plan is needed to meet projected demand from data centers.It would be one of the biggest build-outs in the U.S. to meet the insatiable electricity demand from develope...
Federal regulators will allow tech companies to effectively plug massive data centers directly into power plants, issuing a long-awaited order Thursday, as the Trump administration urges it to help the U.S. lead the world in artificial intelligence and revive domestic manufacturing.The Federal Energ...
The U.S. Postal Service said Wednesday it intends to open its “last-mile” delivery network, the most expensive part of the shipping process, to large and small shippers, expanding beyond current arrangements with giants such as Amazon and UPS.The goal is to diversify and boost revenue through the po...
The Chronicle of Philanthropy’s annual list of the biggest charitable donations from individuals or their foundations totaled $5 billion in 2025. Topping the list was $2 billion from Nike co-founder Phil Knight and his wife, Penny, followed by a $746.7 million donation from Warren Buffett and a $500...