Company overview ExxonMobil, one of the world's largest publicly traded energy providers and chemical manufacturers, develops and applies next-generation technologies to help safely and responsibly meet the world's growing needs for energy and high-quality chemical products.

Today, natural gas impacts lives at an unprecedented scale, generating clean and reliable electricity. It is poised to become the fastest-growing energy type over the next two decades, and ExxonMobil leads the industry in its production, distribution and application around the world.

In 1998, the two companies agreed to merge and form ExxonMobil, with the deal closing on November 30, 1999. The two companies cited lower oil prices and a better ability to compete with other state-owned oil companies outside of the United States like Pemex and Aramco.

Mobil is a petroleum brand owned and operated by American oil and gas corporation ExxonMobil. The brand was formerly owned and operated by an oil and gas corporation of the same name (Mobil Oil Corporation), which itself merged with Exxon to form ExxonMobil in 1999.

ExxonMobil's competitive advantage was built through an integrated business model that not only caters to its customers but also to the company's shareholders. Its unique marketing strategy successfully differentiated it from its competitors in the oil and gas industry.

petroleum and chemical manufacturing company Exxon Mobil Corporation is committed to being the world's premier petroleum and chemical manufacturing company. To that end, we must continuously achieve superior financial and operating results while adhering to high ethical standards.

Energy technologies

• Industry leaders. Drilling and production technology.
• Hydraulic fracturing. Hydraulic fracturing enables companies like ExxonMobil to access unconventional oil and natural gas resources located in shale and tight-rock formations.
• Risk management and safety.
• Exploration technology.

The corporation's primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies.

By the merger with Mobil, Exxon focused on expansion of its presence in the regions of high potential for future oil and gas discoveries. The consolidation facilitated the combination of Exxon's rich experience in deepwater exploration with Mobil's production and exploration acreage in Nigeria and Equatorial Guinea.

Many reasons lay behind the merger of Exxon and Mobil. Analysts said that improved earnings stability, falling oil prices, long-term capital productivity, and enhanced competitive advantage in technology were the main reasons behind the mega merger.

ExxonMobil In 1998, Exxon and Mobil signed a US$73.7 billion merger agreement forming a new company called Exxon Mobil Corp. (ExxonMobil), the largest oil company and the third-largest company in the world.

A brand of petroleum fuel.