ExxonMobil
American multinational oil and gas company
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| October 1 2024 | Nigeria approved the $1.28 billion sale of ExxonMobil's onshore assets to Seplat Energy, finalizing the deal that was first agreed upon in 2022. |
| September 23 2024 | California Attorney General Rob Bonta filed a lawsuit against ExxonMobil in San Francisco County Superior Court, alleging a 'decades-long campaign of deception' about plastic recycling. |
| July 2024 | ExxonMobil and CF Industries signed a Carbon Capture and Storage (CCS) agreement to transport and permanently store 500,000 tonnes of CO2 per year starting in 2028. |
| June 2024 | ExxonMobil signed a preliminary agreement with SK to supply lithium for manufacturing lithium-ion batteries intended for electric vehicles. |
| May 2024 | A Pennsylvania jury found ExxonMobil liable for negligently failing to warn about benzene health risks and ordered the company to pay $725.5 million in compensatory damages to Paul Gill, a former mechanic who claimed his cancer was caused by benzene exposure between 1975 and 1980. |
| May 2024 | Oil was discovered off the coast of Angola in the Kizomba B development area, following a well drilled from February to April. |
| March 2024 | ExxonMobil discovered oil at the Stabroek block off the coast of Guyana using a drillship, with plans to have 6 FPSOs at the block by the end of 2027. |
| January 2024 | ExxonMobil filed a lawsuit against activist investors Follow This and Arjuna Capital to block their climate proposal efforts, marking the first time the company took activist investors to court. |
| January 2024 | ExxonMobil officially ended all energy sector operations in Iraq by exiting the West Qurna 1 oilfield, with the share now owned by PetroChina and Pertamina. |
| 2023 | ExxonMobil Beaumont Refinery reported total greenhouse gas emissions of 5,979,837 metric tons to the EPA, including 5,984,714 metric tons of direct CO2 emissions, 19,772 metric tons of methane emissions, and 11,350 metric tons of nitrous oxide emissions under the EPA's Greenhouse Gas Reporting Program. |
| 2023 | ExxonMobil settles the human rights violations lawsuit a week before the scheduled trial. |
| 2023 | A Science journal paper revealed that ExxonMobil's own scientists between 1977 and 2003 had accurately projected global warming, contradicting the company's public stance on climate change. |
| 2023 | ExxonMobil began designing its first large-scale low-carbon hydrogen production plant at its Baytown, Texas refining and petrochemical complex, aiming to create the world's largest low-carbon hydrogen project. |
| 2023 | ExxonMobil completed a significant 250,000 barrels per day expansion at its Beaumont, Texas refinery, making it one of the few U.S. refiners to expand capacity following the COVID-19 pandemic industry downturn. |
| November 2023 | ExxonMobil commenced lithium drilling operations in the US state of Arkansas, marking its entry into lithium mining for potential electric vehicle battery supply chain. |
| October 11 2023 | ExxonMobil announced its acquisition of Pioneer Natural Resources in a $59.5 billion all-stock deal, the largest in the energy industry in nearly 20 years. |
| July 2023 | ExxonMobil agreed to acquire Denbury Resources for $4.9 billion to further its low-carbon efforts. |
| April 2023 | ExxonMobil speculated that its low-carbon solutions business could potentially exceed the value of its traditional oil and gas operations, contingent on favorable economic conditions. |
| January 2023 | ExxonMobil sold Esso Thailand to Bangchak Corporation for $603 million USD. |
| 2022 | Workers voted to retain USW Local 13-243 as their representative, defeating ExxonMobil's attempt to decertify the union. |
| 2022 | The U.S. National Labor Relations Board (NLRB) determined that ExxonMobil's lockout was unlawful, finding that the company's actions undermined federal employee rights. |
| 2022 | ExxonMobil decided to consolidate its Houston operations into a new campus in northern Harris County, planning to vacate its offices on 800 Bell St. which it had occupied since 1963. |
| 2022 | ExxonMobil reported record profits, with CNN reporting the company earned US$2,245.62 per second during the second quarter. |
| 2022 | ExxonMobil acquired biofuel company Biojet AS to advance its low-carbon strategies. |
| 2022 | ExxonMobil officially formed its Low Carbon Solutions division through a corporate restructuring, with Dan Ammann, former General Motors president, appointed as its leader. |
| 2022 | ExxonMobil formed its Product Solutions division, combining the previously separate Downstream and Chemical divisions into a single company. |
| December 2022 | U.S. House Oversight and Reform Committee Chair Carolyn Maloney and U.S. House Oversight Environment Subcommittee Chair Ro Khanna sent a memorandum accusing ExxonMobil of greenwashing and obstructing investigation into climate change disinformation. |
| November 2022 | ExxonMobil made its first oil discovery in Angola in nearly 20 years and the first on the African continent in 10 years. |
| August 30 2022 | ExxonMobil launched a lawsuit against Russia's federal government regarding its exit from Russian operations. |
| July 2022 | US District Court denies ExxonMobil's motions to dismiss the human rights violations lawsuit, allowing the case to potentially proceed to trial. |
| June 2022 | U.S. President Joe Biden publicly criticized ExxonMobil for record profits during the Ukraine war, stating that 'Exxon made more money than God this year'. |
| May 2022 | ExxonMobil sold its Barnett Shale holdings to BKV Corporation subsidiaries for $750 million. |
| May 2022 | Joseph Hooley succeeded Kenneth Frazier as the lead independent director of the ExxonMobil board. |
| April 2022 | ExxonMobil discovered three new oil fields in Guyana, totaling about 11 billion new barrels of oil. |
| April 2022 | Received a subpoena from California Attorney General Rob Bonta for information about overstating plastic recycling effectiveness. |
| March 2022 | The 10-month lockout of ExxonMobil workers ended. During this period, the company hired replacement workers while the original workers were locked out. |
| February 2022 | Initial agreement for the sale of ExxonMobil's onshore assets in Nigeria to Seplat Energy was first proposed. |
| February 2022 | ExxonMobil announced its full withdrawal from Russia and the Sakhalin-I project in response to Russia's invasion of Ukraine. |
| January 2022 | ExxonMobil announced plans to achieve net-zero Scope I and Scope II emissions across its entire business by 2050. |
| 2021 | ExxonMobil saw an increase in net income to $23.0 billion, with revenue of $285 billion, total assets of $338 billion, and a reduced workforce of 63,000 employees. |
| 2021 | ExxonMobil was ranked sixth in the Arctic Environmental Responsibility Index (AERI) among 120 oil, gas, and mining companies operating north of the Arctic Circle. |
| December 2021 | ExxonMobil committed to net-zero Scope I and Scope II emissions from its Permian Basin by 2030. |
| May 2021 | ExxonMobil initiated a lockout of over 600 workers at the Beaumont Refinery and lube plant, attempting to remove the United Steelworkers union as workers' representative. |
| May 2021 | Topped the Plastic Waste Makers Index report, identified as manufacturing 55 percent of single-use plastic waste globally in 2019. |
| January 2021 | ExxonMobil started a pilot program with Crusoe Energy Systems to divert flare gas into generators powering bitcoin miners in North Dakota, which Crusoe claims reduces carbon dioxide equivalent emissions by 63 percent. |
| 2020 | ExxonMobil considered a potential merger with Chevron during the early stages of the COVID-19 pandemic, which would have created the world's second-largest oil company. |
| 2020 | ExxonMobil reported a significant financial loss of US$22.4 billion, with annual revenue of US$181.5 billion, representing a 31.5% decline from the previous fiscal year. |
| October 2020 | ExxonMobil announced plans to cut over 1,600 jobs in Europe due to the COVID-19 pandemic, representing about one-tenth of its global workforce. |
| October 2020 | Donald Trump claimed he could get a $25 million donation from ExxonMobil, but the company did not donate to his reelection campaign. Notably, ExxonMobil employees donated more to Joe Biden's campaign. |
| August 2020 | ExxonMobil was removed from the Dow Jones Industrial Average after being part of the index since 1928, replaced by Salesforce. |
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This contents of the box above is based on material from the Wikipedia articles ExxonMobil, History of ExxonMobil & ExxonMobil Beaumont Refinery, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.