ExxonMobil is the world's largest publicly traded international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world
ExxonMobil uses innovation and technology to deliver energy to a growing world. They explore for, produce and sell crude oil, natural gas and petroleum products. It operated facilities or market products in most of the world’s countries and explore for oil and natural gas on six continents.
What They Do
ExxonMobil uses innovation and technology to deliver energy and petrochemical products to meet the world’s growing demand. Their people, technical expertise, financial strength, and global reach provide a competitive advantage and ensure broad exposure to high-quality opportunities—from conventional exploration to opportunities that require close integration across their businesses. Their extensive research programs support operations, enable continuous improvement in each of their business lines, and explore new and emerging energy sources and technologies. The Corporation comprises 10 separate companies, making up the Upstream, Downstream, and Chemical businesses.
ExxonMobil’s Upstream portfolio includes high-quality exploration opportunities, an industry-leading resource base, a broad range of projects, and a diverse set of producing assets.
Their global exploration organization focuses on expanding their base of oil and gas resources by exploring for all prospect types in any environment around the world. They combine world-class technical expertise, extensive databases of opportunities, and leading research capabilities to provide a distinct advantage in the competition for new resources.
ExxonMobil’s Downstream portfolio includes a refining network with full or partial ownership in 36 refineries. They are one of the most geographically balanced major oil companies with about 40 percent of their refining capacity in North America, 30 percent in Europe, and the balance largely in the Asia Pacific region. This geographic diversity provides great flexibility in supplying refined products to major markets. They also have the largest lubricant basestock production capacity in the world.
ExxonMobil’s Chemical business also produces and sells a broad portfolio of products. Lower-cost, high-volume commodity chemicals, such as many general purpose plastics, capture upside earnings when margins are strong and provide a low cost structure for co-located specialties production. Specialty products, including high-end polymers and lubricant additives, command a market premium due to their usefulness in higher-value applications. They also provide a stable and steadily growing earnings base that helps to support earnings during the market cycles that characterize the chemical business.
Safety and Environment
Their commitment to high ethical standards, legal compliance, and integrity is reflected in their safety and environmental policies and practices worldwide.
Community and Development
As they invest in communities, they pursue long-term projects with strategic goals that are aligned with global and social priorities as well as their business strengths. They seek to have a more meaningful impact by focusing the majority of their spending on significant challenges in the regions where they operate.
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