ExxonMobile Critical Success Factors
_INTRODUCTION_
ExxonMobil Corporation is the second largest integrated oil company in the world. In 2011 it ranked 3rd in the world's largest companies with a revenue of $354,674 million and total profit of $30460 million.
ExxonMobil has evolved from a regional marketer of kerosene in the U.S. to the largest trader of petroleum and petrochemical enterprise in the world. They are best known by their familiar brand names: Exxon, Esso and Mobil and they supply to more than 40,000 service stations under this name. They make products that drive modern transportation, power cities, lubricate industry and provide petrochemical building blocks that lead to thousands of consumer goods. The company has 38 oil refineries in 21 countries with a combined refining capacity of 6.3 million barrels. Its daily production is 3.921 million barrels of oil equivalent. They employ around 80000 people in locations around the globe.
ExxonMobil's history goes back to the 1870 when John D. Rockefeller and partners formed the Standard Oil Company. By 1878 Standard Oil controlled 95% of the U.S. refining capacity. This had been achieved by giving cut throat competition to the competitors, and by getting secret rebates.
In 1882 Standard Oil Trust was formed. This attracted all the interested groups of oil producers. In 1911 the U.S. Supreme Court finally broke the Standard Oil Trust into 34 different companies. Two new companies were Jersey Standard and Socony, the chief predecessor companies of Exxon and Mobil respectively. Over the years the two companies spread their interests to all over the world
In 1931 Socony merged with Vacuum Oil Company, an industry pioneer founded in 1866 and a growing Standard Oil spin-off in its own right. Socony changed its name to Socony-Vacuum. Socony-Vacuum became Socony Mobil Oil Co. in 1955 and, simply Mobil Oil Corp in 1966.
Mobil Chemical Company's principal products were olefins and aromatics, ethylene glycol and polyethylene. The company produced
ExxonMobil Corporation is the second largest integrated oil company in the world. In 2011 it ranked 3rd in the world's largest companies with a revenue of $354,674 million and total profit of $30460 million.
ExxonMobil has evolved from a regional marketer of kerosene in the U.S. to the largest trader of petroleum and petrochemical enterprise in the world. They are best known by their familiar brand names: Exxon, Esso and Mobil and they supply to more than 40,000 service stations under this name. They make products that drive modern transportation, power cities, lubricate industry and provide petrochemical building blocks that lead to thousands of consumer goods. The company has 38 oil refineries in 21 countries with a combined refining capacity of 6.3 million barrels. Its daily production is 3.921 million barrels of oil equivalent. They employ around 80000 people in locations around the globe.
ExxonMobil's history goes back to the 1870 when John D. Rockefeller and partners formed the Standard Oil Company. By 1878 Standard Oil controlled 95% of the U.S. refining capacity. This had been achieved by giving cut throat competition to the competitors, and by getting secret rebates.
In 1882 Standard Oil Trust was formed. This attracted all the interested groups of oil producers. In 1911 the U.S. Supreme Court finally broke the Standard Oil Trust into 34 different companies. Two new companies were Jersey Standard and Socony, the chief predecessor companies of Exxon and Mobil respectively. Over the years the two companies spread their interests to all over the world
In 1931 Socony merged with Vacuum Oil Company, an industry pioneer founded in 1866 and a growing Standard Oil spin-off in its own right. Socony changed its name to Socony-Vacuum. Socony-Vacuum became Socony Mobil Oil Co. in 1955 and, simply Mobil Oil Corp in 1966.
Mobil Chemical Company's principal products were olefins and aromatics, ethylene glycol and polyethylene. The company produced