Did You Know that ExxonMobil Is the World’s Largest Publicly Traded Oil Company?

Posted: Jan 20, 2013
Author: Bumgarner Oil

ExxonMobil provides energy that improves living standards and underpins growing economies across the globe. Over the last 25 years, this leading gas and oil company has expanded from being a regional marketer of kerosene in America to the biggest publicly traded petrochemical and petroleum enterprise in the world. It is best known for the familiar brand names, Mobil, Esso and Exxon.

The organizational structure is designed to enable this oil company to effectively compete in a challenging and ever-changing international energy industry. Facilities and market products are operated in most countries, with explorations for natural gas and oil taking place on six continents.

The oil company uses technology and innovation to deliver petrochemical and energy products to meet worldwide demand. Its people, financial strength, global reach and technical expertise provide a competitive edge and ensure wide exposure to high quality opportunities from those that need close integration to conventional exploration. The company’s extensive research programs facilitate continuous improvements in its business lines and to explore new technologies and emerging energy sources.

ExxonMobil relies on technical innovation for its efforts to reduce greenhouse gas emissions. In particular, it focuses on developing breakthrough technologies in the long-term, increased energy efficiency in the short-term, and the implementation of emission reducing technologies in the medium and near terms. This oil company is deeply committed to the cogeneration of steam and power, energy efficiency, flare reduction and production improvements to reduce greenhouse gas emissions.

In 2011, the company invested a whopping $440 million to reduce greenhouse gas emissions, reduce flaring and improve energy efficiency.