Shopping on line can be easy, simple and save you lots of money. It can also take a lot of your time, frustrate you, and result in unwanted purchases. Now the same can be said for regular high street shopping, but with the vast opportunity presented by the Internet it will pay you to spend a few minutes reading this and understanding how to better optimize your Exxonmobil shopping experience:

1. Compare - without doubt the biggest advantage that the Exxonmobil offers shoppers today is the ability to compare thousands of Exxonmobil at a time. This is a great thing, but not necessarily all the time! Too much can be daunting at times so take advantage of the great comparison sites and where possible let them do the hard work for you.

2. Research - if it has been said it will be on the internet. Ignorance is no longer a justifiable reason for buying the wrong thing. Take the time to research in detail everything that you could possible want to know about

3. Testimonials - don't know anybody that has bought a Exxonmobil? Wrong! If the Exxonmobil is good the internet will let you know. Use the Internet as a friend and get testimonials before you buy.

4. Questions - Got a question about Exxonmobil then search the Forums, FAQ's, Blogs etc. Don't be afraid to ask .....

5. Reputation - Never heard of the company selling Exxonmobil? Don't worry, no reason why you should know every company in the world, but you know someone that does! Use the internet to find out what people are saying about Exxonmobil and build up a picture of their reputation for sales, returns, customer service, delivery etc.

6. Returns - still worried that even after all of the above your Exxonmobil wont be what you want? Check out the returns policy. There is so much competition now that someone, somewhere is bound to offer the terms that you are comfortable with.

7. Feedback - happy with your Exxonmobil then let people know, after all you are depending on others people input in your buying decision, so why not give a little back.

8. Security - check for the yellow padlock on the Exxonmobil site before you buy, and the s after http:/ /i.e. https:// = a secure site

9. Contact - got a question about Exxonmobil, or want to leave a comment then check out the sites contact page. Reputable companies have them and respond.

10. Payment - ready to pay for your Exxonmobil, then use your credit card or PayPal! Be aware of companies that don't accept them, there may be genuine reasons but given the huge amount of choice you have when buying online there is no reason at all not to buy via credit card or PayPal.

{{Infobox_Company |company_name = Exxon Mobil Corporation |company_logo = |company_type = Public company ()|company_slogan = "Taking on the world's toughest energy challenges", "We're drivers too", "Understanding Energy"|foundation = 1999 (merger)
1911 (Standard Oil of New Jersey)
1911 (Standard Oil of New York)
1870 (Standard Oil) ], Texas, United States |key_people = John D. Rockefeller, founder of the original Standard Oil
Rex W. Tillerson, Chairman#Corporate governance/Chief Executive Officer |num_employees = 106,100 Including Company Operated Retail Sites ("CORS")http://finance.yahoo.com/q/pr?s=XOM |industry = List of petroleum companies |products = Fuels, Lubricants, Petrochemicals ] (2006)|net_income = $39.500 Billion USD (2006)] corporation and a direct descendant of John D. Rockefeller's Standard Oil company, is the largest publicly traded integrated petroleum and natural gas company in the world, formed on November 30, 1999, by the merger of Exxon and Mobil. ExxonMobil is the world's largest company by revenue, at $377.6 billion in its fiscal year of 2006. It is also the largest corporation by market capitalization, at $517.92 billion on July 20, 2007. It is the largest of the six oil supermajors with daily production of 6.5m boe (barrels of oil equivalent). ExxonMobil ranks first in the world in proven oil and gas reserves among corporate oil producers, though it is still eclipsed by several of the largest state petroleum producers.

Organization The Exxon Mobil Corporation global headquarters are located in Irving, Texas. ExxonMobil markets products around the world under the brands of Exxon, Mobil, and Esso. It also owns hundreds of smaller subsidiaries such as Imperial Oil (69.6% ownership), an oil retailer in Canada, and SeaRiver Maritime, a petroleum shipping company.

The upstream division dominates the company's cashflow, accounting for approximately 70% of revenue. The company employs over 82,000 people worldwide, as indicated in ExxonMobil's 2006 Corporate Citizen Report, with approximately 4,000 employees in its Fairfax downstream headquarters and 27,000 people in its Houston upstream headquarters.

Operating divisions ExxonMobil is organized functionally into a number of global operating divisions. These divisions are grouped into three categories for reference purposes, though the company also has several ancillary divisions, such as Coal & Minerals, which are stand alone.



Operating divisions by category are as follows:









History The Exxon Mobil Corporation was formed in 1999 by the merger of two major oil companies, Exxon and Mobil. Both Exxon and Mobil were descendants of the John D. Rockefeller corporation, Standard Oil which was established in 1870. The reputation of Standard Oil in the public eye suffered badly after publication of Ida M. Tarbell's classic exposé The History of the Standard Oil Company in 1904, leading to a growing outcry for the government to take action against the company.

By 1911, with Moral panic at a climax, the Supreme Court of the United States ruled that Standard Oil must be dissolved and split into 34 companies. Two of these companies were Standard Oil of New Jersey ("Standard Petroleum industry of New Jersey"), which eventually became Exxon, and Socony ("Standard Oil Company of New York"), which eventually became Mobil.

In the same year, the nation's kerosene output was eclipsed for the first time by gasoline. The growing automobile market inspired the product trademark Mobiloil, registered by Socony in 1920.

Over the next few decades, both companies grew significantly. Jersey Standard, led by Walter C. Teagle, became the largest oil producer in the world. It acquired a 50 percent share in Humble Oil & Refining Co., a Texas oil producer. Socony purchased a 45 percent interest in Magnolia Petroleum Co., a major refiner, marketer and pipeline transporter. In 1931, Socony merged with Vacuum Oil Co., an industry pioneer dating back to 1866 and a growing Standard Oil spin-off in its own right.

In the Asia-Pacific region, Jersey Standard had oil production and refineries in Indonesia but no marketing network. Socony-Vacuum had Asian marketing outlets supplied remotely from California. In 1933, Jersey Standard and Socony-Vacuum merged their interests in the region into a 50-50 joint venture. Standard-Vacuum Oil Co., or "Stanvac," operated in 50 countries, from East Africa to New Zealand, before it was dissolved in 1962.

Mobil Chemical industry was established in 1960. As of 1999, its principal products included basic olefins and aromatics, ethylene glycol and polyethylene. The company produced synthetic lubricant base stocks as well as lubricant additives, propylene packaging films and catalysis. Exxon Chemical Company (first named Enjay Chemicals) became a worldwide organization in 1965 and in 1999 was a major producer and marketer of olefins, aromatics, polyethylene and polypropylene along with specialty lines such as elastomers, plasticizers, solvents, process fluids, oxo alcohols and adhesive resins. The company was an industry leader in metallocene catalyst technology to make unique polymers with improved performance.

In 1955, Socony-Vacuum became Socony Mobil Oil Co. and in 1966 simply Mobil Oil Corp. A decade later, the newly incorporated Mobil Corporation absorbed Mobil Oil as a Subsidiary. Jersey Standard changed its name to Exxon Corporation in 1972 and established Exxon as a trademark throughout the United States. In other parts of the world, Exxon and its affiliated companies continued to use its Esso trademark.

On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, Alaska and spilled more than 11 million gallons (42,000 m³) of crude oil. The Exxon Valdez oil spill was the second largest in U.S. history, and in the aftermath of the Exxon Valdez incident, the Congress of the United States passed the Oil Pollution Act of 1990. The company is still appealing a $2.5 billion USD punitive damages ruling, and has not paid any damages yet.

In 1998, Exxon and Mobil signed a US$73.7 billion definitive agreement to merge and form a new company called ExxonMobil Corporation, the largest company on the planet. After shareholder and regulatory approvals, the merger was completed on November 30, 1999. The merger of Exxon and Mobil was unique in History of the United States because it reunited the two largest companies of John D. Rockefeller's Standard Oil trust, Standard Oil Company of New Jersey/Exxon and Standard Oil Company of New York/Mobil, which had been forcibly separated by government order nearly a century earlier. As a result of the merger, it became largest merger in US corporate history.

In 2000, ExxonMobil sold a refinery in Benicia, California and 340 Exxon-branded stations to Valero Energy Corporation, as part of an Federal Trade Commission-mandated divestiture of California assets. ExxonMobil continues to supply petroleum products to over 700 Mobil-branded retail outlets in California.

In 2005, ExxonMobil's Stock surged in parallel with rising Oil price increases of 2004-2006, surpassing General Electric as the largest corporation in the world in terms of market capitalization. At the end of 2005, it reported record profits of US $36 billion in annual income, up 42% from the previous year (the overall annual income was an all-time record for annual income by any business, and included $10 billion in the third quarter alone, also an all-time record income for a single quarter by any business). The company and the American Petroleum Institute, the oil and chemical industry's lobbying apparatus, tried to downplay its success in order to avoid consumer criticism by putting up page-long ads in major List of newspapers in the United States, such as The New York Times, The Washington Post, comparing oil industry profits to those of other large industries such as pharmaceuticals and banking.

Criticism Foreign business practices Investigative journalism by Forbes Magazine raised questions about ExxonMobil's dealings with the leaders of oil-rich nations." ExxonMobil controls concessions covering 11 million acres (44,500 km²) off the coast of Angola that hold an estimated 7.5 billion barrels (1.2 km³) of crude.ExxonMobil. News release. Forbes alleged that "ExxonMobil handed hundreds of millions of dollars to the corrupt regime of President José Eduardo dos Santos in the late 1990s.Forbes Magazine. "Dangerous Liaisons." April 28, 2003.In May 2002, human rights advocates began calling for an investigation of the role of US oil companies and the Bush administration in Angola’s "Arms for Oil" scandal. According to a report by the British-based non-governmental organization Global Witness, Bush and US oil interests had ties to some of the key figures in the arms-for-oil scandal. Global Witness alleged that in exchange for profitable Offshore oil concessions, ExxonMobil and other American and western European oil companies funded President of Angola Jose Eduardo dos Santos. After transferring an alleged $770 million in oil revenues to their own private bank accounts, dos Santos and his administration began a violent offensive against Rebellion in the country in which many human rights abuses were inflicted on the Angolan people. from Co-op America Violation of the Bribes & Foreign Corrupt Practices Aact (ExxonMobil controls concessions covering 11 million acres (44,500 km²) off the coast of l Equality], TechCentralStation.com, and International Policy Network.ref/refref/ref ExxonMobil's support for these organizations has drawn condemnation from the Royal Society, the academy of sciences of United Kingdom.ref{{cite news |accessdate = 2006-10-18|url=http://image.guardian.co.uk/sys-files/Guardian/documents/2006/09/19/LettertoNick.pdf |title=Royal Society tells Exxon: stop funding climate change denial|publisher=The Royal Society, [2006--> The Union of Concerned Scientists released a report in 2007 accused ExxonMobil of spending $16 million, between 1998 and 2005, towards 43 advocacy organizations which dispute the impact of global warming. {{cite press release ]|date=January 3, 2006--> The report argued that ExxonMobil used disinformation tactics similar to those used by the tobacco industry in its denials of the link between lung cancer and smoking, saying that the company used "many of the same organizations and personnel to cloud the scientific understanding of climate change and delay action on the issue." These charges are consistent with a purported 1998 internal ExxonMobil strategy memo, posted by the environmental group Environmental Defense, stating "Victory will be achieved when *Average citizens the media 'understand' (recognize) uncertainties in Climatology; recognition of uncertainties becomes part of the 'conventional wisdom' ... *Industry senior leadership understands uncertainties in climate science, making them stronger ambassadors to those who shape climate policy *Those promoting the Kyoto treaty on the basis of extant science appear out of touch with reality."ExxonMobil. "Global Climate Science Communications." April 3, 1998. See also Environmental Defense commentary "Guess who's funding the global warming doubt shops?" and Cooperative Research history commons chronology of Exxon's PR efforts

In August 2006, the Wall Street Journal revealed that a YouTube video wikt:lampooning Al Gore, titled Al Gore's Penguin Army, appeared to be astroturfing by DCI Group, a Washington PR firm with ties to ExxonMobil as well as the Republican Party (United States). {{cite news|title=Where did that video spoofing Gore's film come from?|url=http://www.post-gazette.com/pg/06215/710851-115.stm|author=Antonio Regalado and Dionne Searcey|date=August 3, 2006-->{{cite news], 2006-->

In January 2007, the company appeared to change its position, when vice president for Public relations Kenneth Cohen said "we know enough now — or, society knows enough now — that the risk is serious and action should be taken." Cohen stated that, as of 2006, ExxonMobil had ceased funding of the Competitive Enterprise Institute and "'five or six' similar groups". {{cite news], 2007 does list the five groups it stopped funding as well as a list of 41 other climate skeptic groups which are still receiving ExxonMobil funds.http://www.greenpeace.org/usa/assets/binaries/exxon-secrets-analysis-of-fun.pdf

On [February 13, 2007, ExxonMobil CEO Rex W. Tillerson acknowledged that the planet was warming while carbon dioxide levels were increasing, but in the same speech gave an unalloyed defense of the oil industry and predicted that hydrocarbons would dominate the world’s transportation as Energy consumption grows by an expected 40 percent by 2030. Tillerson stated that there is no significant alternative to oil in coming decades, and that ExxonMobil would continue to make petroleum and natural gas its Primary sector of industry,{{cite news|url=http://www.nytimes.com/2007/02/14/business/14exxon.html?_r=1&ref=business&oref=slogin|title=Exxon Chief Cautions Against Rapid Action to Cut Carbon Emissions|date=February 14, 2007 ]s. I don't know much about farming and I don't know much about moonshine. ... There is really nothing ExxonMobil can bring to that whole biofuels issue. We don't see a direct role for ourselves with today's technology."{{cite news|url=http://today.reuters.com/news/articleinvesting.aspx?view=CN&symbol=&storyID=2007-02-13T193841Z_01_N13179119_RTRIDST_0_ENERGY-CERA-EXXON-UPDATE-2.XML&pageNumber=1&WTModLoc=InvArt-C1-ArticlePage1&sz=13 |title=Exxon Mobil CEO: climate policy would be prudent|publisher=Reuters|date=February 13, 2007-->

Corporate Affairs The current Chairman of the Board and CEO of Exxon Mobil Corporation is Rex Tillerson. Tillerson assumed the top position on January 1, 2006, on the retirement of long-time chairman and CEO, Lee Raymond, who received a retirement and severance package of approximately $400 million USD, of which some were critical.

Board of directors As of January 29, 2007, the current Exxon Mobil Board of Directors members are: {{cite web|url=http://www.exxonmobil.com/Corporate/InvestorInfo/Corp_II_Board.asp|title=Exxon Mobil Corporation Board of Directors|publisher=Exxon Mobil Corporation-->

Joint Ventures and Other Strategic Alliances

Revenue and profits In 2005, ExxonMobil surpassed Wal-Mart as the world's largest publicly held corporation when measured by revenue, although Wal-Mart remained the largest by number of employees.{{cite news], 2006-->ExxonMobil's $340 billion revenues in 2005 were a 25.5 percent increase over their 2004 revenues.

In 2006, Wal-Mart recaptured the lead with revenues of $348.7 billion against ExxonMobil's $335.1. ExxonMobil continues to lead the world in both profits ($39.5 billion in 2006), and market value ($410.7 billion).{{cite news], [2007 of 10.5% in 2006 is not among the top among publicly traded companies.

Financial data {| class="wikitable" border="3"|+ Financial Data USD millionshttp://www.opesc.org/fiche-societe/fiche-societe.php?entreprise=EXXON! Year-end! 2002! 2003! 2004! 2005! 2006|-----| Total revenue| 204 506| 237 054| 291 252| 358 955| 377 635|-----| EBITDA| 26 038| 41 220| 51 646| 70 181| 79 869|-----| Net income| 11 460| 21 510| 25 330| 36 130| 39 500|-----| Total Debt| 10 748| 9 545| 8 293| 7 991| 6 645|}

Largest shareholders As of March 30, 2007:{| border="0"|-!Owner!Percent|-|Barclays Global Investors|align=center| 3.1|-| [Vanguard Group|align=center| 1.7|-| [Northern Trust Company|align=center| 1.3|-| [Wellington Management Company|align=center| 1.0|-| [JPMorgan Chase|align=center| 0.9|-| [Columbia Management Advisors|align=center| 0.9|-| [TIAA-CREF Investment Management|align=center| 0.6|-| [Lord Abbett|align=center|0.6|}

References

External links General information

Funding given by ExxonMobil

Websites critical of ExxonMobil

ExxonMobil responses to issues

Bibliography

{{Infobox_Company |company_name = Exxon Mobil Corporation |company_logo = |company_type = Public company ()|company_slogan = "Taking on the world's toughest energy challenges", "We're drivers too", "Understanding Energy"|foundation = 1999 (merger)
1911 (Standard Oil of New Jersey)
1911 (Standard Oil of New York)
1870 (Standard Oil) ], Texas, United States |key_people = John D. Rockefeller, founder of the original Standard Oil
Rex W. Tillerson, Chairman#Corporate governance/Chief Executive Officer |num_employees = 106,100 Including Company Operated Retail Sites ("CORS")http://finance.yahoo.com/q/pr?s=XOM |industry = List of petroleum companies |products = Fuels, Lubricants, Petrochemicals ] (2006)|net_income = $39.500 Billion USD (2006)] corporation and a direct descendant of John D. Rockefeller's Standard Oil company, is the largest publicly traded integrated petroleum and natural gas company in the world, formed on November 30, 1999, by the merger of Exxon and Mobil. ExxonMobil is the world's largest company by revenue, at $377.6 billion in its fiscal year of 2006. It is also the largest corporation by market capitalization, at $517.92 billion on July 20, 2007. It is the largest of the six oil supermajors with daily production of 6.5m boe (barrels of oil equivalent). ExxonMobil ranks first in the world in proven oil and gas reserves among corporate oil producers, though it is still eclipsed by several of the largest state petroleum producers.

Organization The Exxon Mobil Corporation global headquarters are located in Irving, Texas. ExxonMobil markets products around the world under the brands of Exxon, Mobil, and Esso. It also owns hundreds of smaller subsidiaries such as Imperial Oil (69.6% ownership), an oil retailer in Canada, and SeaRiver Maritime, a petroleum shipping company.

The upstream division dominates the company's cashflow, accounting for approximately 70% of revenue. The company employs over 82,000 people worldwide, as indicated in ExxonMobil's 2006 Corporate Citizen Report, with approximately 4,000 employees in its Fairfax downstream headquarters and 27,000 people in its Houston upstream headquarters.

Operating divisions ExxonMobil is organized functionally into a number of global operating divisions. These divisions are grouped into three categories for reference purposes, though the company also has several ancillary divisions, such as Coal & Minerals, which are stand alone.



Operating divisions by category are as follows:









History The Exxon Mobil Corporation was formed in 1999 by the merger of two major oil companies, Exxon and Mobil. Both Exxon and Mobil were descendants of the John D. Rockefeller corporation, Standard Oil which was established in 1870. The reputation of Standard Oil in the public eye suffered badly after publication of Ida M. Tarbell's classic exposé The History of the Standard Oil Company in 1904, leading to a growing outcry for the government to take action against the company.

By 1911, with Moral panic at a climax, the Supreme Court of the United States ruled that Standard Oil must be dissolved and split into 34 companies. Two of these companies were Standard Oil of New Jersey ("Standard Petroleum industry of New Jersey"), which eventually became Exxon, and Socony ("Standard Oil Company of New York"), which eventually became Mobil.

In the same year, the nation's kerosene output was eclipsed for the first time by gasoline. The growing automobile market inspired the product trademark Mobiloil, registered by Socony in 1920.

Over the next few decades, both companies grew significantly. Jersey Standard, led by Walter C. Teagle, became the largest oil producer in the world. It acquired a 50 percent share in Humble Oil & Refining Co., a Texas oil producer. Socony purchased a 45 percent interest in Magnolia Petroleum Co., a major refiner, marketer and pipeline transporter. In 1931, Socony merged with Vacuum Oil Co., an industry pioneer dating back to 1866 and a growing Standard Oil spin-off in its own right.

In the Asia-Pacific region, Jersey Standard had oil production and refineries in Indonesia but no marketing network. Socony-Vacuum had Asian marketing outlets supplied remotely from California. In 1933, Jersey Standard and Socony-Vacuum merged their interests in the region into a 50-50 joint venture. Standard-Vacuum Oil Co., or "Stanvac," operated in 50 countries, from East Africa to New Zealand, before it was dissolved in 1962.

Mobil Chemical industry was established in 1960. As of 1999, its principal products included basic olefins and aromatics, ethylene glycol and polyethylene. The company produced synthetic lubricant base stocks as well as lubricant additives, propylene packaging films and catalysis. Exxon Chemical Company (first named Enjay Chemicals) became a worldwide organization in 1965 and in 1999 was a major producer and marketer of olefins, aromatics, polyethylene and polypropylene along with specialty lines such as elastomers, plasticizers, solvents, process fluids, oxo alcohols and adhesive resins. The company was an industry leader in metallocene catalyst technology to make unique polymers with improved performance.

In 1955, Socony-Vacuum became Socony Mobil Oil Co. and in 1966 simply Mobil Oil Corp. A decade later, the newly incorporated Mobil Corporation absorbed Mobil Oil as a Subsidiary. Jersey Standard changed its name to Exxon Corporation in 1972 and established Exxon as a trademark throughout the United States. In other parts of the world, Exxon and its affiliated companies continued to use its Esso trademark.

On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, Alaska and spilled more than 11 million gallons (42,000 m³) of crude oil. The Exxon Valdez oil spill was the second largest in U.S. history, and in the aftermath of the Exxon Valdez incident, the Congress of the United States passed the Oil Pollution Act of 1990. The company is still appealing a $2.5 billion USD punitive damages ruling, and has not paid any damages yet.

In 1998, Exxon and Mobil signed a US$73.7 billion definitive agreement to merge and form a new company called ExxonMobil Corporation, the largest company on the planet. After shareholder and regulatory approvals, the merger was completed on November 30, 1999. The merger of Exxon and Mobil was unique in History of the United States because it reunited the two largest companies of John D. Rockefeller's Standard Oil trust, Standard Oil Company of New Jersey/Exxon and Standard Oil Company of New York/Mobil, which had been forcibly separated by government order nearly a century earlier. As a result of the merger, it became largest merger in US corporate history.

In 2000, ExxonMobil sold a refinery in Benicia, California and 340 Exxon-branded stations to Valero Energy Corporation, as part of an Federal Trade Commission-mandated divestiture of California assets. ExxonMobil continues to supply petroleum products to over 700 Mobil-branded retail outlets in California.

In 2005, ExxonMobil's Stock surged in parallel with rising Oil price increases of 2004-2006, surpassing General Electric as the largest corporation in the world in terms of market capitalization. At the end of 2005, it reported record profits of US $36 billion in annual income, up 42% from the previous year (the overall annual income was an all-time record for annual income by any business, and included $10 billion in the third quarter alone, also an all-time record income for a single quarter by any business). The company and the American Petroleum Institute, the oil and chemical industry's lobbying apparatus, tried to downplay its success in order to avoid consumer criticism by putting up page-long ads in major List of newspapers in the United States, such as The New York Times, The Washington Post, comparing oil industry profits to those of other large industries such as pharmaceuticals and banking.

Criticism Foreign business practices Investigative journalism by Forbes Magazine raised questions about ExxonMobil's dealings with the leaders of oil-rich nations." ExxonMobil controls concessions covering 11 million acres (44,500 km²) off the coast of Angola that hold an estimated 7.5 billion barrels (1.2 km³) of crude.ExxonMobil. News release. Forbes alleged that "ExxonMobil handed hundreds of millions of dollars to the corrupt regime of President José Eduardo dos Santos in the late 1990s.Forbes Magazine. "Dangerous Liaisons." April 28, 2003.In May 2002, human rights advocates began calling for an investigation of the role of US oil companies and the Bush administration in Angola’s "Arms for Oil" scandal. According to a report by the British-based non-governmental organization Global Witness, Bush and US oil interests had ties to some of the key figures in the arms-for-oil scandal. Global Witness alleged that in exchange for profitable Offshore oil concessions, ExxonMobil and other American and western European oil companies funded President of Angola Jose Eduardo dos Santos. After transferring an alleged $770 million in oil revenues to their own private bank accounts, dos Santos and his administration began a violent offensive against Rebellion in the country in which many human rights abuses were inflicted on the Angolan people. from Co-op America Violation of the Bribes & Foreign Corrupt Practices Aact (ExxonMobil controls concessions covering 11 million acres (44,500 km²) off the coast of l Equality], TechCentralStation.com, and International Policy Network.ref/refref/ref ExxonMobil's support for these organizations has drawn condemnation from the Royal Society, the academy of sciences of United Kingdom.ref{{cite news |accessdate = 2006-10-18|url=http://image.guardian.co.uk/sys-files/Guardian/documents/2006/09/19/LettertoNick.pdf |title=Royal Society tells Exxon: stop funding climate change denial|publisher=The Royal Society, [2006--> The Union of Concerned Scientists released a report in 2007 accused ExxonMobil of spending $16 million, between 1998 and 2005, towards 43 advocacy organizations which dispute the impact of global warming. {{cite press release ]|date=January 3, 2006--> The report argued that ExxonMobil used disinformation tactics similar to those used by the tobacco industry in its denials of the link between lung cancer and smoking, saying that the company used "many of the same organizations and personnel to cloud the scientific understanding of climate change and delay action on the issue." These charges are consistent with a purported 1998 internal ExxonMobil strategy memo, posted by the environmental group Environmental Defense, stating "Victory will be achieved when *Average citizens the media 'understand' (recognize) uncertainties in Climatology; recognition of uncertainties becomes part of the 'conventional wisdom' ... *Industry senior leadership understands uncertainties in climate science, making them stronger ambassadors to those who shape climate policy *Those promoting the Kyoto treaty on the basis of extant science appear out of touch with reality."ExxonMobil. "Global Climate Science Communications." April 3, 1998. See also Environmental Defense commentary "Guess who's funding the global warming doubt shops?" and Cooperative Research history commons chronology of Exxon's PR efforts

In August 2006, the Wall Street Journal revealed that a YouTube video wikt:lampooning Al Gore, titled Al Gore's Penguin Army, appeared to be astroturfing by DCI Group, a Washington PR firm with ties to ExxonMobil as well as the Republican Party (United States). {{cite news|title=Where did that video spoofing Gore's film come from?|url=http://www.post-gazette.com/pg/06215/710851-115.stm|author=Antonio Regalado and Dionne Searcey|date=August 3, 2006-->{{cite news], 2006-->

In January 2007, the company appeared to change its position, when vice president for Public relations Kenneth Cohen said "we know enough now — or, society knows enough now — that the risk is serious and action should be taken." Cohen stated that, as of 2006, ExxonMobil had ceased funding of the Competitive Enterprise Institute and "'five or six' similar groups". {{cite news], 2007 does list the five groups it stopped funding as well as a list of 41 other climate skeptic groups which are still receiving ExxonMobil funds.http://www.greenpeace.org/usa/assets/binaries/exxon-secrets-analysis-of-fun.pdf

On [February 13, 2007, ExxonMobil CEO Rex W. Tillerson acknowledged that the planet was warming while carbon dioxide levels were increasing, but in the same speech gave an unalloyed defense of the oil industry and predicted that hydrocarbons would dominate the world’s transportation as Energy consumption grows by an expected 40 percent by 2030. Tillerson stated that there is no significant alternative to oil in coming decades, and that ExxonMobil would continue to make petroleum and natural gas its Primary sector of industry,{{cite news|url=http://www.nytimes.com/2007/02/14/business/14exxon.html?_r=1&ref=business&oref=slogin|title=Exxon Chief Cautions Against Rapid Action to Cut Carbon Emissions|date=February 14, 2007 ]s. I don't know much about farming and I don't know much about moonshine. ... There is really nothing ExxonMobil can bring to that whole biofuels issue. We don't see a direct role for ourselves with today's technology."{{cite news|url=http://today.reuters.com/news/articleinvesting.aspx?view=CN&symbol=&storyID=2007-02-13T193841Z_01_N13179119_RTRIDST_0_ENERGY-CERA-EXXON-UPDATE-2.XML&pageNumber=1&WTModLoc=InvArt-C1-ArticlePage1&sz=13 |title=Exxon Mobil CEO: climate policy would be prudent|publisher=Reuters|date=February 13, 2007-->

Corporate Affairs The current Chairman of the Board and CEO of Exxon Mobil Corporation is Rex Tillerson. Tillerson assumed the top position on January 1, 2006, on the retirement of long-time chairman and CEO, Lee Raymond, who received a retirement and severance package of approximately $400 million USD, of which some were critical.

Board of directors As of January 29, 2007, the current Exxon Mobil Board of Directors members are: {{cite web|url=http://www.exxonmobil.com/Corporate/InvestorInfo/Corp_II_Board.asp|title=Exxon Mobil Corporation Board of Directors|publisher=Exxon Mobil Corporation-->

Joint Ventures and Other Strategic Alliances

Revenue and profits In 2005, ExxonMobil surpassed Wal-Mart as the world's largest publicly held corporation when measured by revenue, although Wal-Mart remained the largest by number of employees.{{cite news], 2006-->ExxonMobil's $340 billion revenues in 2005 were a 25.5 percent increase over their 2004 revenues.

In 2006, Wal-Mart recaptured the lead with revenues of $348.7 billion against ExxonMobil's $335.1. ExxonMobil continues to lead the world in both profits ($39.5 billion in 2006), and market value ($410.7 billion).{{cite news], [2007 of 10.5% in 2006 is not among the top among publicly traded companies.

Financial data {| class="wikitable" border="3"|+ Financial Data USD millionshttp://www.opesc.org/fiche-societe/fiche-societe.php?entreprise=EXXON! Year-end! 2002! 2003! 2004! 2005! 2006|-----| Total revenue| 204 506| 237 054| 291 252| 358 955| 377 635|-----| EBITDA| 26 038| 41 220| 51 646| 70 181| 79 869|-----| Net income| 11 460| 21 510| 25 330| 36 130| 39 500|-----| Total Debt| 10 748| 9 545| 8 293| 7 991| 6 645|}

Largest shareholders As of March 30, 2007:{| border="0"|-!Owner!Percent|-|Barclays Global Investors|align=center| 3.1|-| [Vanguard Group|align=center| 1.7|-| [Northern Trust Company|align=center| 1.3|-| [Wellington Management Company|align=center| 1.0|-| [JPMorgan Chase|align=center| 0.9|-| [Columbia Management Advisors|align=center| 0.9|-| [TIAA-CREF Investment Management|align=center| 0.6|-| [Lord Abbett|align=center|0.6|}

References

External links General information

Funding given by ExxonMobil

Websites critical of ExxonMobil

ExxonMobil responses to issues

Bibliography



 

Exxonmobil



 
Copyright © 2008 Hintcenter.com - All rights reserved.
Home | Terms of Use | Privacy Policy
All Trademarks belong to their repective owners. Many aspects of this page are used under
commercial commons license from Yahoo!