Pins matching company:ExxonMobil

On 24 March 1989 the Exxon Valdez ran aground on Bligh Reef in Prince William Sound, Alaska, spilling about 11 million gallons of oil in what was then the largest oil spill in US waters.

On 30 November 1999 Exxon and Mobil completed their merger, forming ExxonMobil and reuniting two of the largest fragments of John D. Rockefeller's Standard Oil trust.

ExxonMobil Canada's Hebron project reached a major construction milestone when the platform's topsides were joined to its concrete gravity base structure at the Bull Arm fabrication site in Newfoundland. Italian heavy-lift specialist Fagioli had earlier installed the topsides' largest modules, including a 45,000-tonne utilities process module shipped from South Korea.

On 20 December 2019 ExxonMobil announced oil production had started from the Liza field offshore Guyana, ahead of schedule and less than five years after the first discovery, the first of several projects in the Stabroek Block.

On 3 May 2024 ExxonMobil announced it had closed its acquisition of Pioneer Natural Resources, more than doubling its Permian Basin production to 1.3 million barrels of oil equivalent a day on 2023 volumes.

On 18 July 2025 an ICC arbitration panel ruled against ExxonMobil and CNOOC's claim to pre-emption rights over Hess's 30% of Guyana's Stabroek Block, clearing Chevron's US$53 billion acquisition of Hess.

ExxonMobil's 2025 proxy table shows CEO Darren Woods at $33.0M, down 25%, and four other executives from $17.2M to $17.7M; say-on-pay passed with 92.9%.

On 31 July 2026 ExxonMobil reported second-quarter earnings of US$14.5 billion, or US$3.48 a share, on record Permian output and the highest upstream production in more than two decades excluding the Middle East.