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Rex W Tillerson News

21 Aug 2016

ExxonMobil Contributes $ 0.5 Mln to Louisiana Flood Relief

Exxon Mobil Corporation (NYSE:XOM) announced today that it will donate $500,000 to the American Red Cross and the Greater Baton Rouge Food Bank to support local flooding disaster relief assistance in Louisiana. “Our thoughts and prayers are with our friends and neighbors in Louisiana who have been impacted by storms and severe flooding in the region," said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation. ExxonMobil employs more than 5,500 employees and contractors in the Baton Rouge area where it has operated for more than 100 years. Baton Rouge employees spend more than 40,000 hours volunteering in the community each year supporting 168 local organizations. Annually, the company donates about $5 million to agencies and schools in the Baton Rouge area.

01 May 2016

ExxonMobil 1Q Profits Plunge 63%

* Earnings of $1.8 billion decreased 63 percent from the first quarter of 2015. * Earnings per share were $0.43 assuming dilution. * Cash flow from operations and asset sales was $5 billion, including proceeds associated with asset sales of $177 million. * Capital and exploration expenditures were $5.1 billion, down 33 percent from the first quarter of 2015. * Oil equivalent production increased 1.8 percent from the first quarter of 2015, with liquids up 11.5 percent and gas down 9.3 percent. * The corporation distributed $3.1 billion to shareholders in the first quarter of 2016. * Dividends per share of $0.73 increased 5.8 percent compared with the first quarter of 2015.

03 Feb 2015

ExxonMobil Earns $32.5 Bi in 2014

Exxon Mobil Corporation today announced estimated full-year 2014 earnings of $32.5 billion compared with $32.6 billion a year earlier, reflecting the strength of its integrated business model in a lower price environment. “ExxonMobil’s results illustrate the value of our proven business model that integrates upstream, downstream, and chemical businesses,” said Rex W. Tillerson, chairman and chief executive officer. ExxonMobil completed a record eight major Upstream projects during the year, including the Papua New Guinea liquefied natural gas project, and achieved its full-year plan to produce 4 million oil-equivalent barrels per day. Fourth quarter earnings were $6.6 billion, or $1.56 per diluted share, down from $8.4 billion in the year-ago quarter.

03 Oct 2014

ExxonMobil Donates $18 mi to Houston Health Institutions

ExxonMobil today announced $18 million in grants to Houston health care facilities to support cancer prevention and cardiovascular research, expand pediatric care for children with autism and enhance pediatric liver disease research and clinical services. The University of Texas MD Anderson Cancer Center will receive $10 million; $5 million will go to the Texas Heart Institute and $3 million to Texas Children’s Hospital. “ExxonMobil has had a long and deep involvement with Houston and Texas,” said Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation. ExxonMobil’s $10 million grant to MD Anderson will support the Healthy Community Initiative…

16 Jun 2014

ExxonMobil Receives Excellence Award At World Petroleum Congress

Industry leadership in producing liquefied natural gas (LNG) earned Exxon Mobil Corporation an Excellence Award today at the World Petroleum Congress in Moscow. ExxonMobil received the Excellence Award for Technical Development for its leadership in safety, environment and technology in the development of the global LNG industry through strong partnerships and long-term vision. “ExxonMobil’s history as an LNG producer dates back to 1970 and continues today with key partnerships in a number of projects including those in Qatar and Papua New Guinea,” said Rex W. Tillerson, ExxonMobil chairman and chief executive officer. The Excellence Award is one of the most prestigious recognitions in the oil and gas industry.

07 Dec 2012

US, Russian, Oil Majors Sign Arctic Shelf Protection Declaration

ExxonMobil & Rosneft sign 'Declaration on Protection of the Environment & Biodiversity for Oil and Gas Exploration & Development on Russian Arctic Continental Shelf'. The declaration was signed during a meeting between Igor Sechin, president and chairman of the management board of Rosneft, and Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, and senior managers from both organizations. The declaration sets out measures to help protect the Arctic’s ecosystems during oil and gas exploration and development activities to be undertaken by Rosneft and its partners. The parties have agreed to form a joint working group to consider establishing a coordination center that may include representatives of Roskosmos…