Wednesday, May 23, 2012 10:23 AM SAST

Exxon Mobil

The Exxon Mobil Corporation, or ExxonMobil, is an American  multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. It has its headquarters in Irving, Texas.

ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years. The company has 38 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels.

ExxonMobil is the largest of the six oil supermajors with daily production of 3.921 million BOE (barrels of oil equivalent).
When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.

Articles About Exxon Mobil

Kurdistan Regional Government Natural Resources Minister Hawrami speaks with Turkish Energy Minister Yildiz during a joint news conference in Arbil
Iraq Warns Turkey To Halt Kurdistan Pipeline Deal

By IBTimes

Turkey signed the pipeline deal with the Kurdistan Regional Government (KRG) on Sunday, bypassing the central government in Baghdad. (8:26 pm)

MORE TOPICS: IRAQ

Exxon Mobil
Exxon, Santos Foresee Australia Becoming Top Global Exporter of LNG

By IBTimes AU

Two major players in the oil and gas exploration industry agree that Australia would be the largest exporter of liquefied natural gas (LNG) by the end of the decade. (May 18)

MORE TOPICS: AUSTRALIA

Chesapeake hikes loan as credit rating fades

By Reuters

Chesapeake Energy Corp increased a planned loan even as its credit rating deteriorated on Tuesday, adding pressure on the natural gas producer to deliver crucial asset sales. (May 15)

MORE TOPICS: GOLDMAN SACHS, NEW YORK, MANAGEMENT, INVESTMENT

S&P 500 down for 4th day of five, Groupon up late

By Reuters

Stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought. (May 14)

MORE TOPICS: CHINA, DOW JONES, JPMORGAN CHASE, NYSE, S&P, NEW YORK

Wall Street down for 4th day of five, breaks support

By Reuters

Stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China's economy may be softening more than previously thought. (May 14)

MORE TOPICS: CHINA, DOW JONES, JPMORGAN CHASE, NYSE, NEW YORK

Wall Street falls on Europe, but S&P off lows

By Reuters

Stocks fell on Monday but the S&P 500 came off lows after slipping below a key support level on fears of worsening political turmoil in the euro zone and signs of weakening Chinese growth. (May 14)

MORE TOPICS: CHINA, DOW JONES, JPMORGAN CHASE, MORGAN STANLEY, S&P, ELECTIONS

The Energy Report - $90 or go Bust!!!

By PFG Best

Ok, I know it was just last Friday when I wrote "$100 or Go Bust" but because so many oil bulls expressed disbelief that oil could actually stay below $100 a barrel, I should now warn those people that they should stop worrying about the br... (May 11)

MORE TOPICS: IRAQ, EUROPEAN UNION, BP PLC, LIBYA, OPEC

Casey Research Summit Special Report Part II: Drilling Down into Oil & Gas Prices

By Street Wise Reports

The private panel that began with three key speakers at the April 27-29 Casey Research Recovery Reality Check Summit continues with a second installment in today's Energy Report. This exclusive features Casey Energy Opportunities Senior Editor M... (May 11)

MORE TOPICS: GOLD, NYSE, CHEVRON, CONOCOPHILLIPS, CALIFORNIA, CRUDE OIL

Apple
Apple’s ‘Correction’: 5 Reasons Why The Shares Have Declined

By IBTimes

A month ago, shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, closed at their record high of $628.64. On April 10, they hit their all-time high of $644. Now they are at $570. (May 09)

MORE TOPICS: IPHONE, ITUNES, CHINA, NYSE, SAMSUNG, COURT, IPAD

Chesapeake should consider sale-top investor

By Reuters

Chesapeake Energy Corp's largest shareholder urged the natural gas company to remain open to acquisition, despite the weakness of its share price (May 07)

MORE TOPICS: CHEVRON, NEW YORK, MANAGEMENT, INVESTMENT