ExxonMobil today announced Karen T. McKee, president of ExxonMobil Product Solutions Company and vice president Exxon Mobil Corp., will retire effective May 1, 2025. The Board of Directors has appointed Matt Crocker president, ExxonMobil Product Solutions Company and vice president Exxon Mobil Corporation. He will succeed McKee effective May 1, 2025. "We thank Karen for her long-standing service to the company," said [...]
Exxon Mobil Corp. will release its fourth quarter 2024 financial results on Friday, January 31, 2025. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jim Chapman, Vice President, Treasurer and Investor Relations, will review [...]
ExxonMobil today announced its Corporate Plan to 2030, creating a platform to further extend the company's track record of delivering leading shareholder value. The plan reflects the company's strategy to leverage its unique set of competitive advantages and unrivaled opportunities to create significant upside potential for shareholders. The company expects to deliver incremental growth potential of $20 billion in [...]
ExxonMobil today announced Liam M. Mallon, president of ExxonMobil Upstream Company and vice president Exxon Mobil Corp., will retire effective February 1, 2025. The Board of Directors has appointed Dan L. Ammann president, ExxonMobil Upstream Company. Dan will continue as vice president, Exxon Mobil Corporation to succeed Liam. The Board also has appointed Barry L. Engle president, Low Carbon Solutions and vice president [...]
ExxonMobil plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills. The company plans to build additional units to reach a global recycling capacity of 1 billion pounds per year by 2027. "We are solutions providers, and [...]
Exxon Mobil Corp. and LG Chem have signed a non-binding memorandum of understanding for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil's planned project in the U.S. to LG Chem's cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S. "America needs secure domestic supply of critical minerals like lithium [...]
Exxon Mobil Corp. will release its third quarter 2024 financial results on Friday, November 1, 2024. The company will issue a press release via Business Wire that will be available at 5:30 a.m. CT at investor.exxonmobil.com. Darren Woods, Chairman and Chief Executive Officer; Kathy Mikells, Senior Vice President and Chief Financial Officer; and Jim Chapman, Vice President, Treasurer and Investor Relations, will review the [...]
Exxon Mobil Corp. has executed the largest offshore carbon dioxide storage lease in the U.S. with the Texas General Land Office . The over 271,000-acre site complements the onshore CO2 storage portfolio ExxonMobil is developing, and further solidifies the U.S. Gulf Coast as a carbon capture and storage leader. "This is yet another sign of our commitment to CCS and the strides we've been able to make," said Dan Ammann [...]
His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has witnessed the signing of an agreement today that ADNOC will acquire a 35% equity stake in Exxon Mobil Corp.'s proposed low-carbon hydrogen and ammonia production facility in Baytown, Texas. The agreement represents a significant investment in the United States' energy production and [...]
Exxon Mobil Corp. today announced Dan Ammann, President, Low Carbon Solutions, will conduct a fireside chat at Barclay's 38th Annual CEO Energy-Power Conference at 8:00 a.m. ET in New York on September 5, 2024. To access the live webcast, visit link. An archived, audio portion of the webcast will be available on the ExxonMobil website approximately 24 hours after the event. About ExxonMobil ExxonMobil, one of the largest [...]