ExxonMobil | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-06-23

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/ExxonMobil


00:03:00 1 History
00:03:17 1.1 1870 to 1911
00:05:37 1.2 1911 to 1950
00:11:27 1.3 1950 to 1972
00:15:09 1.4 1972 to 1998
00:18:51 1.5 1998 to 2000
00:22:00 1.6 2000 to present
00:29:01 2 Operations
00:29:56 2.1 Upstream
00:34:29 2.2 Downstream
00:35:26 2.3 Chemicals
00:36:33 2.4 Clean technology research
00:37:04 3 Corporate affairs
00:37:14 3.1 Financial data
00:37:52 3.2 Headquarters and offices
00:38:50 3.3 Board of directors
00:40:07 3.4 Management committee
00:40:40 4 Environmental record
00:41:24 4.1 Climate change
00:43:43 4.2 Sakhalin-I
00:44:22 4.3 New Jersey settlement
00:45:23 5 Human rights
00:46:39 6 Geopolitical influence
00:48:18 7 Accidents
00:48:28 7.1 Exxon Valdez oil spill
00:51:29 7.2 Exxon's Brooklyn oil spill
00:52:52 7.3 Baton Rouge Refinery pipeline oil spill
00:53:26 7.4 Baton Rouge Refinery benzene leak
00:55:12 7.5 Yellowstone River oil spill
00:56:18 7.6 Mayflower oil spill
00:57:08 8 See also



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SUMMARY
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Exxon Mobil Corporation,  doing business as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly the Standard Oil Company of New Jersey) and Mobil (formerly the Standard Oil Company of New York). ExxonMobil's primary brands are Exxon, Mobil, Esso, and ExxonMobil Chemical.One of the world's largest companies by revenue, ExxonMobil from 1996 to 2017 varied from the first to sixth largest publicly traded company by market capitalization. The company was ranked ninth globally in the Forbes Global 2000 list in 2016. ExxonMobil was the tenth most profitable company in the Fortune 500 in 2017. As of 2018, the company ranked second in the Fortune 500 rankings of the largest United States corporations by total revenue. Approximately, 55.56% of the company's shares are held by institutions. As of March 2019, ExxonMobil's largest shareholders include The Vanguard Group (8.15%), BlackRock (6.61%), and State Street Corporation (4.83%). 
ExxonMobil is one of the largest of the world's Big Oil companies. As of 2007, it had daily production of 3.921 million BOE (barrels of oil equivalent); but significantly smaller than a number of national companies. 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. ExxonMobil's reserves were 20 billion BOE at the end of 2016 and the 2007 rates of production were expected to last more than 14 years. With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels (1,000,000 m3), ExxonMobil is the largest refiner in the world, a title that was also associated with Standard Oil since its incorporation in 1870.ExxonMobil has been criticized for its slow response to cleanup efforts after the 1989 Exxon Valdez oil spill in Alaska, widely considered to be one of the world's worst oil spills in terms of damage to the environment. ExxonMobil has a history of lobbying for climate change denial and against the scientific consensus that global warming is caused by the burning of fossil fuels. The company has also been the target of accusations of improperly dealing with human rights issues, influence on American foreign policy, and its impact on the future of nations.