ExxonMobil

ExxonMobil is an American multinational oil and gas corporation headquartered in Spring, Texas, a suburb of Houston. Formed in 1999 through the merger of Exxon and Mobil, it is the largest direct successor of John D. Rockefeller's Standard Oil. The company is vertically integrated across the oil and gas industry, with a chemicals division producing plastics, synthetic rubber, and other products. As the largest U.S.-based oil and gas company, it ranks eighth by revenue in the U.S. and thirteenth globally, and is the largest investor-owned oil company in the world.

The company has faced widespread criticism and lawsuits over environmental incidents and climate change denial, notably the 1989 Exxon Valdez oil spill in Alaska, one of the worst environmental disasters. In 2024, ExxonMobil emitted 610 million metric tons of CO2, accounting for 1.58% of global emissions. Recent developments include ongoing litigation over climate-related disclosures and investments in carbon capture technology.[edit]