ExxonMobil
and its affiliated companies are present on a world
scale, doing business in 200 countries and
territories. The company began in the late 1880s.
John D. Rockefeller acquired a diversity of
petroleum interests during that period and organized
them under the Standard Oil Trust. That same year
marked the incorporation of two refining and
marketing organizations: Standard Oil Co. of New
Jersey and Standard Oil Co. of New York. "Jersey
Standard" and "Socony," as they were commonly known,
were the chief predecessor companies of Exxon and
Mobil. These two spin-off companies from Standard
Oil continued to operate separately in the industry until the
late 1990s. To stay competitive, the two companies
decided to merge in 1999 as ExxonMobil Corporation.
Today, the company produces
petroleum, aviation fuels and lubricants, marine
fuels and lubricants, and base stocks. ExxonMobil
Canada, an industry leader in production, is one of
the nation's largest oil and gas exploration and
production companies. As well, Imperial Oil Limited
majority shareholder is Exxon Mobil Corporation. At
the forefront of the Canadian energy industry for
more than sixty years, ExxonMobil Canada has grown
from solid roots in western Canada to lead the
development of the Atlantic offshore oil and gas
industry. ExxonMobil Canada is a wholly owned
subsidiary of Exxon Mobil Corporation.
|