Multinational Oil and Gas Corporation Exxon Mobil
Founding date: November 30, 1999
Company name: Exxon Mobil Corporation
Company website: www.exxonmobil.com
Exxon Mobil Corporation is one of the largest multinational companies in the industry of oil and gas. It is a famous American company which is ruling the petroleum industry since 1999. Due to its great reputation in the market, it was listed on the ninth position among all the other oil and gas companies in the market.
This company 1 has paved a path for establishing greater employment opportunities and produces about 3.921 barrels of oil every single day. The production of oil is calculated and is approximately considered as the daily need of oil for the world masses. In the past ten years, this oil company has developed a lot. Now, it owns about 37 oil refineries in 21 countries where its daily production of oil is about 6.3 million barrels.
Operations of Exxon Mobil Corporation
Exxon Mobil Corporation now works as a leader in the petroleum industry worldwide. This company has a number of brands and products which are quite renowned in different parts of the world and also serves to the people’s needs. They provide market fuels as well as lubricants in the four brands which are – Esso which provides fuels and lubricants for both personal and professional needs. Then comes Exxon which is most famous among the customers in the United States and serves to the fuel needs of its customers. Mobil is another brand by the Exxon Mobil Company which is mainly known for its advanced and latest features and qualities in fuels and lubricants.
The last one is Exxon Mobil which produces petrochemical products and manufactures safe and affordable fuel products to meet the needs of the customer. All of its brands and products are very popular due to their sustainable nature and also because of their affordable cost. Customers throughout the world, are very happy due to the performance of the company from its initial stages of development. This company has also developed greater trade relationships with different oil and gas companies in different parts of the world.
The origin of Exxon Mobil Company is from the previous famous company known as the Standard Oil Company. Though this company is not owned by the government, but it has made a several business tie-ups in the last little which has helped in the enlargement of the business. This Exxon Mobil company has several divisions which are the Upstream, Downstream and Chemical Division. The Upstream controls the imports and exports and also looks after the sales margin of the products. The Downstream takes care of the retail business operations and marketing policies of the company.
Exxon Mobil Company manufactures the best quality fuel without providing any kind of harm to the environment. This company ensures an environment friendly relationship and introduces eco-friendly operations. Recently they have introduced a policy named as Exxon Mobil’s Corporate Environment Policy and Protect Tomorrow Today. This policy ensures an environmental responsibility according to which all the industrial processes will not harm the environment. The establishment of this policy has also reduced the business management risks of the area chosen.
Awards and Recognitions
Exxon Mobil Corporation has received many achievements for its excellent performance throughout all these years. It has received the Excellence Award which is among one of the prestigious awards in the record of the World Petroleum Council. The company has received this particular award several times due to the huge rate of innovation and technological stabilization in the world of business.