XOM

Materia Inc. to Join ExxonMobil Chemical Company as Wholly-Owned Subsidiary

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星期二, 十二月 7, 2021
Engineering, Other Energy, Oil, Gas, Manufacturing, Alternative Energy, Energy, Other Manufacturing, NYSE, Investor, Hydrogen, Carbon, Research, Technology, Arnhold and S. Bleichroeder, Primary energy, Nobel Prize, Polymer, Ruthenium, Steel, Energy factor, CEO, Proxima, ExxonMobil, Ig Nobel Prize, Science, Department, XOM, Intellectual property, Wind, ROMP, Acquisition, Petroleum, Fine chemical, Carbon fibers, Renewable energy, ExxonMobil, Materia, EXXONMOBIL, MATERIA

Materia, Inc., a high-performance structural materials company that has pioneered the development of a Nobel Prize-winning technology for making a new class of polymers, today announced that it has been acquired by ExxonMobil Chemical Company, a division of ExxonMobil Corporation (NYSE: XOM).

Key Points: 
  • Materia, Inc., a high-performance structural materials company that has pioneered the development of a Nobel Prize-winning technology for making a new class of polymers, today announced that it has been acquired by ExxonMobil Chemical Company, a division of ExxonMobil Corporation (NYSE: XOM).
  • With initial support from CalTech and private investor capital, Materia has achieved commercial applications in several sectors, including oil & gas and industrial molding applications.
  • Since 2017, ExxonMobil and Materia have been collaborating to research further uses for Proxima under a joint development agreement, including wind blade and anti-corrosion coatings.
  • ExxonMobil intends to operate the business under the Materia company name as a wholly owned subsidiary.

ExxonMobil Announces Corporate Plans to 2027

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星期三, 十二月 1, 2021
Energy, Environment, Oil, Gas, Permian, API, Public expenditure, Government, Risk, Environment, Technology, Industry, Annual report, Forward-looking statement, XOM, World Bank, NYSE, Transport, News, American Petroleum Institute, Energy factor, Hydrogen, Investor, COVID-19, Lubricant, Goal, IPIECA, Silent Scope 2, Paris Agreement, Policy, Research, Investment, Tax, Cautionary Tales (Heroes), Downstream, Methane, New Resource Bank, Biofuel, Maintenance, Supplement, Frequentative, Multimedia, World, Renewable energy, Fossil fuel, Oil

The plans support the corporate strategy of continued structural cost savings, investment in low-cost-of-supply and lower-emission products, and further portfolio high-grading, positioning the company to double earnings and cash flow by 2027 versus 2019.

Key Points: 
  • The plans support the corporate strategy of continued structural cost savings, investment in low-cost-of-supply and lower-emission products, and further portfolio high-grading, positioning the company to double earnings and cash flow by 2027 versus 2019.
  • In addition, ExxonMobil has developed more aggressive plans for further Scope 1 and Scope 2 reductions through 2030, consistent with Paris Agreement pathways.
  • ExxonMobil plans to maintain capital investments in the range of $20-$25 billion per year through 2027 with flexibility to adjust to adverse market conditions or changes in policy and technology for low-emissions projects.
  • This release summarizes highlights from ExxonMobils December 1, 2021 update for its corporate plans.

TechnipFMC Awarded Large Subsea Contract for Additional Stabroek Block Project

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星期一, 十一月 15, 2021
Technology, Maritime, Engineering, Transport, Oil, Gas, Manufacturing, Software, Energy, Electronic Design Automation, Industry, Government, Culture, Economics, Engineering, Technology, FTI, Risk, XOM, Carbon, ExxonMobil, U.S. Securities and Exchange Commission, Nature, NYSE, Stabroek, Risk management, Renewable energy

Subject to government approvals and final project sanction, TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system.

Key Points: 
  • Subject to government approvals and final project sanction, TechnipFMC will provide project management, engineering, manufacturing and testing capabilities to deliver the overall subsea production system.
  • Jonathan Landes, President, Subsea at TechnipFMC, commented: We are very excited to continue our relationship with ExxonMobil through this award, which is our fourth within the Stabroek block.
  • TechnipFMC currently employs more than 60 Guyanese, and expects to continue to hire and train additional local staff in support of this award.
  • (1)For TechnipFMC, a large contract is between $500 million and $1 billion; the full contract award will not be included in inbound orders until the project receives final investment decision and government approvals.

Thinking about trading options or stock in Exxon Mobil, Tesla, Walmart, Square, or Bilibili?

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星期五, 十月 29, 2021
XOM, TSLA, Wall Street, SQ, WMT, Retail

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Key Points: 
  • Click a link below then choose between in-depth options trade idea report or a stock score report.
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ExxonMobil to Release Third Quarter 2021 Financial Results

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星期一, 十月 25, 2021
Oil, Gas, Energy, Business Wire, ExxonMobil, XOM, International, NYSE, Webcast, Management

Exxon Mobil Corporation (NYSE:XOM) will release third quarter 2021 financial results on Friday, October 29, 2021.

Key Points: 
  • Exxon Mobil Corporation (NYSE:XOM) will release third quarter 2021 financial results on Friday, October 29, 2021.
  • A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com .
  • Darren Woods, chairman and chief executive officer; Kathryn Mikells, senior vice president and chief financial officer; and Stephen Littleton, vice president of investor relations and secretary, will review the results during a live, listen-only conference call at 8:30 a.m. CT.
  • An archive replay of the call and a copy of the presentation with accompanying supplemental financial data will be available at www.exxonmobil.com/ir .

ExxonMobil to Release Second Quarter 2021 Financial Results

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星期一, 七月 26, 2021
Oil, Gas, Energy, American brands, Companies, Rockefeller family, Economy of the United States, Oil companies, XOM, Climate change denial, ExxonMobil, New York Stock Exchange, Exxon, Mobil, IR

Exxon Mobil Corporation (NYSE:XOM) will release second quarter 2021 financial results on Friday, July 30, 2021.

Key Points: 
  • Exxon Mobil Corporation (NYSE:XOM) will release second quarter 2021 financial results on Friday, July 30, 2021.
  • A press release will be issued via Business Wire and available at 6:30 a.m. CT at www.exxonmobil.com .
  • The presentation can be accessed via webcast or by calling (888) 596-2592 (United States) or (786) 789-4790 (International).
  • An archive replay of the call and a copy of the presentation with accompanying supplemental financial data will be available at www.exxonmobil.com/ir .

Jefferson Energy Companies Executes Terminal Services Contract with ExxonMobil Oil Corporation

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星期四, 七月 22, 2021
American brands, Companies, Rockefeller family, Economy of the United States, Oil companies, Climate change denial, ExxonMobil, Standard Oil, Exxon, XOM, Beaumont, Texas, Mobil

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) -- Jefferson Energy Companies (Jefferson Energy), a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI), is pleased to announce it has entered into a new contract to expand terminal services to ExxonMobil Oil Corporation, awholly owned subsidiary of Exxon Mobil Corporation (ExxonMobil; NYSE:XOM).

Key Points: 
  • NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) -- Jefferson Energy Companies (Jefferson Energy), a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE: FTAI), is pleased to announce it has entered into a new contract to expand terminal services to ExxonMobil Oil Corporation, awholly owned subsidiary of Exxon Mobil Corporation (ExxonMobil; NYSE:XOM).
  • Jefferson Energy is constructing approximately 1.9 million barrels of new storage capacity at the Jefferson Energy terminal and five connecting pipelines between the ExxonMobil Beaumont refinery and Jefferson Energy terminal that will increase utilization of its existing marine infrastructure.
  • Combined with the successful completion of the ExxonMobil Cross Channel Pipelines project in February 2021, this project further strengthens the strong relationship between ExxonMobil and Jefferson Energy.
  • The Jefferson Energy terminal is located on the Neches River in the heart of ExxonMobils Beaumont, Texas refining complex.

Andrew Swiger to Retire as Senior Vice President of Exxon Mobil Corporation; Kathryn Mikells Elected Senior Vice President and Chief Financial Officer

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星期一, 七月 19, 2021
Oil, Gas, Energy, American brands, Rockefeller family, Companies, Economy of the United States, Brands, Climate change denial, ExxonMobil, Standard Oil, Xerox, Vice president, XOM, Exxon

Andrew Swiger, senior vice president of Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Sept. 1 after more than 43 years of service.

Key Points: 
  • Andrew Swiger, senior vice president of Exxon Mobil Corporation (NYSE:XOM), has announced his intention to retire effective Sept. 1 after more than 43 years of service.
  • The board of directors has elected Kathryn Mikells, a former executive with Diageo, United Airlines and Xerox, as senior vice president and chief financial officer, effective Aug. 9.
  • In 2001, Swiger moved to London as production vice president for Africa, and in 2003 was appointed production vice president for the Europe/Caspian/Russia region.
  • Swiger was elected senior vice president and a member of the management committee in 2009 and became principal financial officer in 2013.

Is Namibia Emerging As The Most Exciting Oil Story Of The Year

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星期五, 七月 9, 2021
American brands, Rockefeller family, Petroleum geology, Liquids, Marketing, Petroleum, XOM, Exxon, Price of oil, Physical sciences

Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.

Key Points: 
  • Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.
  • The company says the aim of this play isn't unconventional, either, so the environmental impact questions are far less pressing.
  • Other companies looking to capitalize on rising oil prices:
    Exxon (NYSE:XOM)is a large multinational corporation headquartered in Irving, Texas.
  • While Exxon is one of the world's top oil producers, it isn't ignoring the reality of the market.

Is Namibia Emerging As The Most Exciting Oil Story Of The Year

Retrieved on: 
星期五, 七月 9, 2021
American brands, Rockefeller family, Petroleum geology, Liquids, Marketing, Petroleum, XOM, Exxon, Price of oil, Physical sciences

Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.

Key Points: 
  • Oil was then extracted from these samples and the results supported an active petroleum system with multiple source intervals.
  • The company says the aim of this play isn't unconventional, either, so the environmental impact questions are far less pressing.
  • Other companies looking to capitalize on rising oil prices:
    Exxon (NYSE:XOM)is a large multinational corporation headquartered in Irving, Texas.
  • While Exxon is one of the world's top oil producers, it isn't ignoring the reality of the market.