May 20, 2013
The week's top five must-sees,
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The week's top five must-sees,
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Description
Exxon Mobil Corporation, or ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas, United States. It is a direct descendant of John D. Rockefeller's Standard Oil company, and was formed on November 30, 1999, by the merger of Exxon and Mobil. It is affiliated with Imperial Oil which operates in Canada.
ExxonMobil is the world's largest company by revenue and in 2013, became the largest publicly traded company by market capitalization in the world. The company is ranked #5 globally in Forbes Global 2000 list in 2013. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then rates of production, are expected to last over 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels, Exxon Mobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.
ExxonMobil is the largest of the world's supermajors with daily production of 3.921 million BOE. In 2008, this was approximately 3% of world production, which is less than several of the largest state-owned petroleum companies. When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total.
(via Freebase)
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