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ExxonMobil (China) Investment Co., Ltd

Date:2021-02-23 View:231

Mobil mobil

ExxonMobil, NYSE:XOM )It is the second largest oil company in the world, with its headquarters in Avon, Texas.

The history of ExxonMobil company can be traced back to the standard oil company founded by John Rockefeller in 1882. The company established the first trust organization in the world. In the 20th century, the United States set off a storm against the monopoly organization and passed the anti trust act. At that time, standard oil was the first company to be sanctioned by the act. In 1911, the company became the first company to be sanctioned The bill divides standard oil into Jersey standard, SOCONY and vacuum oil. In 1966, SOCONY and vacuumoil merged and renamed mobiloil Corporation. In 1972, the Jersey standard was renamed exxoncorporation (Esso was its subsidiary). On November 30, 1999, Mobil and Exxon merged. The company is also the parent company of Exxon, Mobil and Esso worldwide. In addition, ExxonMobil, together with shell, BP and total, are the four largest crude oil companies in the world. The company ranked third in 2004-2005, first in 2006, second in 2007, first in 2008 and first in 2009 (with a market value of US $336.524 billion). In the first three quarters of 2008, ExxonMobil continuously refreshed the profit records of global listed companies, reaching US $14.8 billion in the third quarter of that year, ranking the world with us $45.2 billion in the whole year, and refreshing the annual profit records of global listed companies. The company has obtained 3A credit rating for more than 85 consecutive years, and is one of the few companies in the world to keep this record. In Fortune magazine's annual list of the largest listed companies in the United States, soaring energy prices pushed Exxon Mobil to the top of the Fortune 500 in 2006. In addition, it is the world's first company with a market value of more than $400 billion.

Exxon attaches great importance to developing its business in China. Exxon China, a special company, is responsible for its business in China.

By the end of 1995, Exxon had registered 9 gas stations marked with Esso in China and 18 gas stations marked with Esso in Hong Kong, selling all kinds of fuel oil, special oil products and lubricants in China. In 1995, Exxon company and Sinopec Jinzhou Petrochemical Company jointly established jinexxon lubricating oil compound additive Co., Ltd. with a production scale of 5000 tons / year of compound additive and 5000 tons / year of viscosity regulator. It started operation in October 1996.

Mobil set up Tsing Yi oil depot in Hongkong, mainly used for Chinese mainland trade, and Tianjin Mobil Oil Tianjin Co., Ltd., to produce lubricating oil and grease.

ExxonMobil has a long-term commitment to China and hopes to continue to help meet China's energy needs with its products, technology, cooperation with China and investment.


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