Exxon Mobil Corp.

ExxonMobil said today it has reconfigured manufacturing operations in Louisiana to produce medical-grade hand sanitizer for donation to COVID-19 response efforts in Louisiana, New Jersey, New Mexico, New York, Pennsylvania and Texas. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200424005081/en/ To enhance safety, ExxonMobil plant personnel package the [...]

ExxonMobil said today it will host its 2020 Annual Meeting of Shareholders on May 27 in virtual-only format via live audio webcast. The format will assist in protecting the health and well-being of the company’s shareholders, employees, other meeting participants and the community during the COVID-19 pandemic. The decision follows an executive order by Texas Governor Greg Abbott to minimize social gatherings and in-person [...]

ExxonMobil is providing thousands of meals and medical face masks for Houston-area health care workers, police officers and firefighters responding to the COVID-19 pandemic, in a new initiative that brings total contributions for Houston-area relief to $450,000. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200416005210/en/ ExxonMobil staff helps prepare meals [...]

ExxonMobil said today it has increased production of critical raw materials for masks, gowns and hand sanitizer used by medical professionals and first responders leading the efforts to combat the global COVID-19 pandemic. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200415005157/en/ The company has increased its capability to manufacture specialized [...]

ExxonMobil is conducting field trials of eight emerging methane detection technologies, including satellite and aerial surveillance monitoring, at nearly 1,000 sites in Texas and New Mexico to further reduce methane emissions. The field tests are evaluating effectiveness and scalability of a range of next-generation detection technologies that in addition to satellites use drones, planes, helicopters, ground-based mobile [...]

ExxonMobil said today it is reducing its 2020 capital spending by 30 percent and lowering cash operating expenses by 15 percent in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic. Capital investments for 2020 are now expected to be about $23 billion, down from the previously announced $33 billion. The 15 percent decrease in cash operating expenses is driven by [...]

ExxonMobil will help provide about 1 million meals to Houston-area residents impacted by the COVID-19 pandemic through $250,000 in contributions to local food banks. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200403005348/en/ The Houston Food Bank will receive $200,000, including $50,000 worth of gasoline gift cards for use at Exxon- and Mobil-branded [...]

The Carlsbad Municipal School District is receiving $100,000 from ExxonMobil to support online education in response to unprecedented circumstances associated with the COVID-19 pandemic. Funding will help provide technology and internet connectivity to low income students who are living in remote locations with limited access to the internet. This press release features multimedia. View the full release here [...]

ExxonMobil and the Global Center for Medical Innovation said today that they have initiated multi-sector and joint development projects to rapidly redesign and manufacture reusable personal protection equipment for health care workers, such as face shields and masks, which are in short supply as a result of the COVID-19 pandemic. This press release features multimedia. View the full release here [...]

ExxonMobil is looking to significantly reduce spending as a result of market conditions caused by the COVID-19 pandemic and commodity price decreases, the company said today. “Based on this unprecedented environment, we are evaluating all appropriate steps to significantly reduce capital and operating expenses in the near term,” said Darren Woods, chairman and chief executive officer of [...]