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The Exxon Valdez oil spill was the second largest in U. Congress passed the Oil Pollution Act of In , Exxon entered into the Russian market by signing a production sharing agreement on the Sakhalin-I project.
ExxonMobil , the largest oil company and the third largest company in the world. This was the largest corporate merger at that time. The merger announcement followed shortly after the merge of British Petroleum and Amoco , which was the largest industrial merger at the time.
The head of Exxon Lee Raymond remained the chairman and chief executive of the new company and Mobil chief executive Lucio Noto became vice-chairman.
In , ExxonMobil started to phase-out from the United States direct-served retail market by selling its service stations. The usage of Exxon and Mobil brands was franchised to the new owners.
In , ExxonMobil bought XTO Energy , the company focused on development and production of unconventional resources.
In , ExxonMobil started a coalbed methane development in Australia, but withdrew from the project in In , ExxonMobil confirmed a deal for production and exploration activities in the Kurdistan region of Iraq.
ExxonMobil alleged that the Venezuelan government illegally expropriated its Venezuelan assets in and paid unfair compensation. In September , the Securities and Exchange Commission contacted ExxonMobil, questioning why unlike some other companies   they had not yet started writing down the value of their oil reserves , given that much may have to remain in the ground to comply with future climate change legislation.
In October , ExxonMobil conceded it may need to declare a lower value for its in-ground oil, and that it might write down about one-fifth of its reserves.
Also in September , ExxonMobil successfully asked a U. By this time, as a result of numerous mergers and rebranding, the remaining Standard Oil companies that previously objected to the Esso name had been acquired by BP.
ExxonMobil cited trademark surveys in which there was no longer possible confusion with the Esso name as it was more than seven decades before.
BP also had no objection to lifting the ban. In January , Federal climate investigations of ExxonMobil were considered less likely under the new Trump administration.
ExxonMobil representatives said that because Infineum was based in Europe and the transactions did not involve any U. Representative Adam Schiff D-California said that the "Treasury Department should reject any waiver from sanctions which would allow Exxon Mobile or any other company to resume business with prohibited Russian entities.
In July , ExxonMobil filed a lawsuit against the Trump administration challenging the finding that the company violated sanctions imposed on Russia.
William Holbrook, a company spokesman, said that the ExxonMobil had followed "clear guidance from the White House and Treasury Department when its representatives signed [in May ] documents involving ongoing oil and gas activities in Russia with Rosneft".
ExxonMobil is organized functionally into a number of global operating divisions. It also owns hundreds of smaller subsidiaries such as Imperial Oil Limited All natural gas activities are conducted by its subsidiary, XTO Energy.
As of December 31, , ExxonMobil owned In Canada, the company holds 5. In Argentina, ExxonMobil holds 0. In Africa, upstream operations are concentrated in Angola where it owns 0.
Together with Rosneft , it has developed In Australia, ExxonMobil held 1. In Papua New Guinea, it holds 1. ExxonMobil markets products around the world under the brands of Exxon , Mobil , and Esso.
Exxon is the primary brand in the rest of the United States, with the highest concentration of retail outlets located in New Jersey, Pennsylvania, Texas and in the Mid-Atlantic and Southeastern states.
In Colombia, both the Esso and Mobil brands are used. Its principal products includes basic olefins and aromatics , ethylene glycol , polyethylene , and polypropylene along with speciality lines such as elastomers , plasticizers , solvents , process fluids, oxo alcohols and adhesive resins.
The company also produces synthetic lubricant base stocks as well as lubricant additives, propylene packaging films and catalysts.
The company was an industry leader in metallocene catalyst technology to make unique polymers with improved performance.
Infineum, a joint venture with Royal Dutch Shell, is manufacturing and marketing crankcase lubricant additives, fuel additives , and specialty lubricant additives, as well as automatic transmission fluids , gear oils , and industrial oils.
ExxonMobil conducts research on clean energy technologies, including algae biofuels , biodiesel made from agricultural waste, carbonate fuel cells , and refining crude oil into plastic by using a membrane and osmosis instead of heat.
According to Fortune Global , ExxonMobil was the ninth largest company, sixth largest publicly held corporation , and third largest oil company by revenue.
In October , the company stated that it would not move its headquarters to Greater Houston. Before his election as chairman and CEO, Woods was elected president of ExxonMobil and a member of the board of directors in From the late s through the s, Exxon funded research broadly in line with the developing public scientific approach.
ExxonMobil funded organizations opposed to the Kyoto Protocol and seeking to influence public opinion about the scientific consensus that global warming is caused by the burning of fossil fuels.
Seventeen attorneys general were cooperating on investigations. Scientists and environmental groups have voiced concern that the Sakhalin-I oil and gas project in the Russian Far East, operated by an ExxonMobil subsidiary Exxon Neftegas, threatens the critically endangered western gray whale population.
Christopher Porrino served as Chief Counsel to the Christie administration from January through July and handled negotiations in the case. ExxonMobil is the target of human rights activists for actions taken by the corporation in the Indonesian territory of Aceh.
The suit alleges that the ExxonMobil knowingly assisted human rights violations, including torture , murder and rape, by employing and providing material support to Indonesian military forces, who committed the alleged offenses during civil unrest in Aceh.
ExxonMobil and American Power , says that he thinks that ExxonMobil is "able to determine American foreign policy and the fate of entire nations".
The book was also reviewed in The Economist , according to which "ExxonMobil is easy to caricature, and many critics have done so The Valdez spill is 36th worst oil spill in history in terms of sheer volume.
Because carcasses typically sink to the seafloor, it is estimated the death toll may be , seabirds , 2, sea otters , harbor seals , bald eagles , and up to 22 killer whales.
Billions of salmon and herring eggs were also killed. The government-created Exxon Valdez Oil Spill Trustee Council concluded that the oil disappears at less than 4 percent per year, adding that the oil will "take decades and possibly centuries to disappear entirely".
Of the 27 species monitored by the council, 17 have not recovered. While the salmon population has rebounded, and the orca whales are recovering, the herring population and fishing industry have not.
Exxon was widely criticized for its slow response to cleaning up the disaster. The renamed subsidiary, though wholly Exxon-controlled, has a separate corporate charter and board of directors, and the former Exxon Valdez is now the SeaRiver Mediterranean.
The renamed tanker is legally owned by a small, stand-alone company, which would have minimal ability to pay out on claims in the event of a further accident.
The refinery produced fuel oils, gasoline, kerosene and solvents. Naptha and gas oil, secondary products, were also stored in the refinery area.
Regulators opened an investigation in response to the pipeline oil spill. On June 14, , a bleeder plug on a tank in the Baton Rouge Refinery failed and began leaking naphtha , a substance that is composed of many chemicals including benzene.
Because the spill estimate and the actual amount of chemicals spilled varied drastically, the LDEQ launched an in-depth investigation on June 16 to determine the actual amounts of chemicals spilled as well as to find out what information the refinery knew and when they knew it.
The July Yellowstone River oil spill was an oil spill from an ExxonMobil pipeline running from Silver Tip to Billings, Montana , which ruptured about 10 miles west of Billings on July 1, , at about A spokesman for ExxonMobil said that the oil is within 10 miles of the spill site.
However, Montana Governor Brian Schweitzer disputed the accuracy of that figure. It did not admit liability. From Wikipedia, the free encyclopedia.
This article is about Exxon Mobil Corp. Crude oil Oil products Natural gas Petrochemicals Power generation. This section needs additional citations for verification.
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ExxonMobil-New Jersey environmental contamination settlement. Accusations of ExxonMobil human rights violations in Indonesia.
Exxon Valdez oil spill. To my surprise, my wife agreed and I dropped her off. It was not until 5: I asked her if he had fucked and she said yes.
Not knowing where she was I asked her to walk out to the main road so I could find her. When I got there and saw her standing by the side of the road she looked like she was still drunk.
Her hair was a mess and she looked like she had just climbed out of bed. We did not talk much on the way home, not until we got home and she was getting ready for bed.
As my wife was getting undressed for bed, I asked her what happened? She climbed in bed wearing nothing but her panties.
She was too drunk to put on a nightgown. I asked her again, what happened? She told me that after the bar closed a guy she was talking to invite her to his house for a drink and she went with him.
After that all she could remember was when she woke up and realized where she was, she was completely naked and that the guy she had met was on top of her, fucking her.
My wife told me that she did not know what to do so she just laid there and waited for him to finish. She said she did not think he was ever going to stop fucking her but that she finally felt him cum inside her.
She told me that when she called me to come and get her. Normally my wife would not allow me to do this but because she was still drunk she offered no resistance.
The surrounding was wet and matted down. I could also see a small amount of cum seeping out of her. I never felt her so wet and open before. As I started to pump my cock in her she jumped in pain.
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