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Exxon Mobil posts record $45.2 billion profit in 2008

It's almost expected now that each quarter Exxon Mobil will produce a new record profit. Last quarter, though, as the largest publicly traded oil company in the world saw its profits decline by 27 percent, that didn't happen. Don't feel too bad for the company, though, as even in a down market, the oil giant still took in $84.7 billion, which was enough to set a new record for profit over the entire year of 2008 at $45.2 billion. Record high fuel prices from the second and third quarters of last year helped carry Exxon Mobil through the year. ... Read more →

Exxon made nearly $1,500 a second last quarter, a new record Jeremy Korzeniewski

First, let's get the hard data out of the way: Exxon's $11.68 billion of profit last quarter was the highest ever recorded by any company, topping it's own previous record from the last quarter of ...

ExxonMobil $pending ten$ of billion$ to locate more oil Jeremy Korzeniewski

While the amount of energy the world demands every year is tremendous, the cost of finding and purchasing that energy is just as staggering. According to this article, ExxonMobil plans to spend ...

BREAKING: Venezuela stops selling oil to Exxon Lascelles Linton

Looks like Chavez was not kidding around when he said he would stop oil shipments. Late Tuesday, according to Reuters, Venezuela stopped selling oil to the Exxon Mobil. What does this mean? It's ...

EVS23: ExxonMobil talks with AutoblogGreen on new lithium-ion battery technology Sebastian Blanco

Late last week, ExxonMobil announced that it, along with Japanese company Tonen Chemical, had developed a new plastic film technology for automotive lithium-ion batteries. And, since ExxonMobil was ...

Oh, Thank You, Thank You ExxonMobil!! 1 year ago on Autoblog Green

I just read the ExxonMobil advertorial in the NYTimes. The second in a 3-part series, this one is titled "Energy close to home." It is a very well-done piece that cherrypicks information. For instance, while admitting that the US is the world's leading oil consumer, it notes we are the No. 3 oil ...

Who's behind a better lithium-ion hybrid/EV battery? Why, it's Exxon Mobil 1 year ago on Autoblog Green

When we write about Exxon Mobil here on AutoblogGreen, we mostly do it to point out just how much money they make. In 2006, after all, the company did make $1,252 every second. Sometimes we write about their shady ethanol studies or other ways the giant oil company is trying to buy off scientists. ...


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