Tnc: Exxon Mobil

Topics: ExxonMobil, Standard Oil, Exxon Pages: 4 (1007 words) Published: March 18, 2011
ExxonMobil is the world’s leading petroleum and petrochemical company and also the largest refiner and marketer of petroleum products. Its history began with the establishment of Standard Oil Co. in 1870. Later in 1911 it breaks up into 34 companies as a result of a U.S. Supreme Court decision, two of them being Jersey Standard and Standard Oil Co. of New York (Socony). The former was known for the trade name Esso until it changed its name to Exxon Corporation. The latter changed its name to Mobil. In 1999, both eventually merged to become Exxon Mobil Corporation, which now market their products under three brands: Esso, Exxon, and Mobil. Organization

Exxon Mobil is based in the United States of America with its central headquarter being in Houston, Texas, USA. It operates thousands of drilling sites and refineries spread in many countries all continents through its subsidiaries or other companies formed by joint-venture schemes with various local governments or local companies. Its regional headquarters are located in Machelen, Belgium (Europe), Dubai (Middle East and Africa), and Singapore (Asia-Pacific) Negative Impacts on home and host countries

Ranked 6th in TOXIC 100: top 100 US corporate air polluters in USA released by Political Economy Research Institute in 2002 Rank Corporation Toxic score(pounds released x toxicity x population exposure)Millions of pounds of toxic air releases 1E. I. Du Pont de Nemours & Co.

475,482 17.15
2United States Steel Corp.
359,681 2.84
284,772 8.04
4General Electric Co.
266,308 4.46
6Exxon Mobil Corp.
247,699 15.47
7Ford Motor Co.
244,782 9.67
Source: •Exxon Mobil is responsible for Valdez Oil Spill on 24 March 1989 that discharged approximately 11...
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