ExxonMobil

Nexus PMG Names New CEO of Nexus Project Development Services

by | Dec 8, 2023
Energy veteran Ross Faransso is taking the reins at cleantech firm Nexus PMG to lead an "unprecedented era of growth" as companies navigate the net-zero transition.
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U.S. Energy Development Corp. Adds New VP of Engineering
by | Nov 10, 2023
Mike Williams' industry experience includes managerial and director-level positions with oil and gas producers MorningStar Partners, BlueStem Energy, Approach Resources, XTO Energy, and ExxonMobil. Most recently, he served five years as VP of reservoir engineering at Founders Oil & Gas.
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ExxonMobil To Acquire Irving-Based Pioneer Natural Resources in $64.5 Billion Deal
by | Oct 11, 2023
The companies said the all-stock merger deal combines Pioneer’s more than 850,000 net acres in the Midland Basin with ExxonMobil’s 570,000 net acres in the Delaware and Midland Basins, creating "a diversified energy company with the largest footprint of high-return wells in the Permian Basin."
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Texas Dominates Nationally, Dallas‑Fort Worth Steps Up With 24 on 2023 Fortune 500 List
Texas still reigns as the state hosting the most Fortune 500 companies. Plus, this year's list breaks a glass ceiling with 52 women at the helm of Fortune 500 companies.
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Independent Energy Company HF Sinclair Appoints New CEO/President

by | Feb 17, 2023

Dallas-based independent energy company HF Sinclair Corp. has promoted Tim Go to chief executive officer and president and appointed him to its board of directors, effective May 9.

Go’s appointment as an independent director increased the size of the board by one to 13. Go will serve on the executive committee of the board....

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Irving-Based ExxonMobil Takes Step Toward World’s Largest Low-Carbon Hydrogen Facility
by | Jan 30, 2023
The company has awarded a contract for front-end engineering and design for the project. Its Baytown low-carbon hydrogen, ammonia, and carbon capture facility is expected to produce 1 billion cubic feet of low-carbon hydrogen per day, making it the largest low-carbon hydrogen project in the world at planned startup in 2027-2028.
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ExxonMobil Touts Corporate Plan That Includes $17B Lower Emissions Investment
by | Dec 8, 2022
In its newly released five-year plan, Irving-based ExxonMobil said that it has allocated roughly $17 billion on its own emission reductions and accretive third-party lower-emission initiatives through 2027, an increase of almost 15%. Nearly 40% of these investments is directed toward building its lower-emissions business with customers to reduce their greenhouse gas emissions with a primary emphasis on large-scale carbon capture and storage, biofuels, and hydrogen.
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Irving-Based ExxonMobil Acquires Materia Inc., Plans to Bring Its Nobel Prize-Winning Tech to Scale
by | Dec 8, 2021
The deal combines Materia’s Nobel Prize-winning hydrocarbon-based materials technology with ExxonMobil’s manufacturing capabilities to commercialize a new class of structural materials. Applications could include everything from wind power turbine blades to EV parts to sustainable construction products.
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ExxonMobil Enters Two-Year Carbon Capture Technology Partnership

by | Nov 7, 2019
Irving-headquartered ExxonMobil is teaming up with FuelCell Energy to work on advancing carbon capture solutions, while reducing costs and enhancing scalability.
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ExxonMobil carbon capture
ExxonMobil Partners on Tech for Carbon Dioxide Capture, Storage
by | Jul 1, 2019
The breakthrough technology can capture and concentrate carbon dioxide emissions from the atmosphere and industrial sources—including power plants.
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Fortune 500
22 DFW Companies Make 2017 Fortune 500 List
by | Jun 9, 2017
Dallas-Fort Worth holds two of the top 10 spots in the rankings of U.S. companies by total fiscal year revenue.
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ExxonMobil Apple Pay
ExxonMobil Introduces Apple Pay at the Pump
by | Mar 8, 2016
Pay at the pump is nothing new, but on Tuesday ExxonMobil (NYSE: XOM) added Apple Pay to that phrase.
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