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ExxonMobil

🌎 corporate.exxonmobil.com

ExxonMobil is one of the world's largest publicly traded energy providers and chemical manufacturers, committed to responsibly meeting the world's energy needs. The company focuses on pioneering new research and technologies to reduce emissions while providing energy, chemicals, lubricants, and lower-emissions technologies. With operations in most countries and exploration activities on six continents, ExxonMobil aims to achieve net-zero emissions from its operated assets by 2050.

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ExxonMobil - Latest News and Updates

• Lindsey Gulden, a former data scientist at ExxonMobil, is suing the company for unlawful termination after she reported an allegedly fraudulent overvaluation of assets in the Permian Basin, which ExxonMobil denies.
• ExxonMobil acquires exclusive overseas licensing rights for Neuvokas' manufacturing process to expand GFRP rebar technology globally.
• ExxonMobil sued shareholders, and Danielle Fugere from As You Sow will discuss the implications at the RI USA 2024 panel on December 3 in New York City.
• Global Partners LP acquired a liquid energy terminal in East Providence, R.I., from ExxonMobil, enhancing its operational capacity in the Northeast.
• Kim Hogan filed a notice of appeal against ExxonMobil on November 4.

• ExxonMobil sold its French refinery as part of a strategy to divest downstream assets.
• ExxonMobil is trying to move California's plastics pollution lawsuit to federal court, arguing it involves navigable waters and federal government actions.
• ExxonMobil's shares have significantly outperformed Chevron's in 2024, despite a 12% drop in the Zacks Consensus EPS estimate since August.
• CF Industries has signed deals with ExxonMobil to transport and store 2.5 million tonnes of CO2 annually from blue hydrogen production at ammonia complexes in Louisiana and Mississippi.
• ExxonMobil showcased its Proxxima resin solutions at SEMA 2024, highlighting their use in creating lighter and tougher composite components.

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