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ExxonMobil

An international oil and gas company

Summary

ExxonMobil is an international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world. It uses innovation and technology to deliver energy to a growing world. The company explores for, produces, and sells crude oil, natural gas and petroleum products.

History

The former Exxon company was founded in 1882 as part of the Standard Oil trust (see Standard Oil Company and Trust), which in 1899 became the holding company for all companies previously grouped in the trust. In 1911 the U.S. Supreme Court ordered it to divest itself of 33 of its American subsidiaries. Meanwhile, the New Jersey company had become, in essence, a “multinational” corporation. In 1888 it organized Anglo-American Oil Company (predecessor of Esso Petroleum Company) to market oil in the British Isles and, two years later, acquired a major interest in the German firm that would become Esso AG. In 1898 it gained control of Imperial Oil Limited, Canada’s leading oil company. A few of the many later acquisitions (complete or partial) included Humble Oil & Refining Company (1919), Tropical Oil Company of Colombia (1920), Standard Oil Company of Venezuela (1921), Creole Petroleum Company of Venezuela (1928), Turkish Petroleum Company (1928), and Arabian-American Oil Company (later ARAMCO; 1948).

Vision

Vision: Exxon Mobil Corporation is committed to being the world’s premier petroleum and chemical manufacturing company. To that end, we must continuously achieve superior financial and operating results while adhering to high ethical standards.

Mission

Mission: “Exxon Mobil Corporation is committed to being the world’s premier petroleum and petrochemical company. To the end, must continuously achieve superior financial and operating results while simultaneously adhering to high ethical standards.”

Team

CEO – Darren Woods: Darren W. Woods is an American businessman, and the chief executive officer and chairman of ExxonMobil since January 1, 2017.

References

https://en.wikipedia.org/wiki/ExxonMobil

https://www.britannica.com/topic/Exxon-Corporation

https://www.crunchbase.com/organization/exxonmobil

https://www.slideshare.net/openinnovation/visions-missions-of-fortune-global-100/6-Exxon_MobilVisionExxon_Mobil_Corporation_is#:~:text=Mission%3A%20To%20safely%20market%20and,premier%20petroleum%20and%20petrochemical%20company.&text=Mission%3A%20Energy%20is%20fundamental%20to%20the%20world’s%20economies.