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ExxonMobil

ExxonMobil is one of the world's largest publicly traded international oil and gas companies. It was formed in 1999 through the merger of Exxon and Mobil, both of which were descendants of John D. Rockefeller's Standard Oil. The company is engaged in the exploration, production, transportation, and sale of crude oil, natural gas, and petroleum products. ExxonMobil is also a major manufacturer and marketer of commodity petrochemicals and has a growing presence in renewable energy sources.

Creation Time:2024-05-19 16 key nodes English

The Timeline

1999 — 2023

  1. 1999

    Merger of Exxon and Mobil

    Exxon and Mobil, two of the largest oil companies in the world, merged to form ExxonMobil, creating the world's largest publicly traded oil and gas company.
  2. 2000

    Expansion into LNG

    ExxonMobil expanded its liquefied natural gas (LNG) operations, becoming a major player in the global LNG market.
  3. 2001

    Acquisition of XTO Energy

    ExxonMobil acquired XTO Energy, a leading producer of unconventional natural gas, to strengthen its position in the natural gas market.
  4. 2005

    Kizomba C Project

    ExxonMobil began production from the Kizomba C project in Angola, one of the world's largest deepwater developments.
  5. 2007

    QatarGas II Project

    ExxonMobil and Qatar Petroleum launched the QatarGas II project, one of the largest LNG projects in the world.
  6. 2009

    Development of the PNG LNG Project

    ExxonMobil started the development of the PNG LNG project in Papua New Guinea, a significant liquefied natural gas project.
  7. 2010

    Acquisition of XTO Energy Completed

    ExxonMobil completed the acquisition of XTO Energy, enhancing its capabilities in unconventional oil and gas production.
  8. 2012

    Kearl Oil Sands Project

    ExxonMobil began production at the Kearl oil sands project in Canada, a major source of oil production for the company.
  9. 2013

    Arctic Exploration

    ExxonMobil signed an agreement with Rosneft to explore and develop oil and gas resources in the Russian Arctic.
  10. 2014

    Expansion in the Permian Basin

    ExxonMobil expanded its operations in the Permian Basin, one of the most prolific oil-producing regions in the United States.
  11. 2016

    Liza Field Discovery

    ExxonMobil announced the discovery of a significant oil field in the Liza prospect offshore Guyana, marking a major exploration success.
  12. 2017

    Acquisition of InterOil Corporation

    ExxonMobil acquired InterOil Corporation, further strengthening its position in Papua New Guinea's LNG sector.
  13. 2018

    Expansion of Beaumont Refinery

    ExxonMobil announced a major expansion of its Beaumont refinery in Texas, aiming to increase its refining capacity.
  14. 2020

    Low Carbon Solutions Division

    ExxonMobil established its Low Carbon Solutions division to focus on reducing greenhouse gas emissions and developing new technologies for a lower-carbon future.
  15. 2022

    Sale of Romanian Upstream Operations

    ExxonMobil completed the sale of its upstream operations in Romania to focus on its core assets and strategic priorities.
  16. 2023

    Guyana Production Milestone

    ExxonMobil reached a significant production milestone in Guyana, with output surpassing 340,000 barrels per day.

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