1870 |
Standard Oil founded by John D. Rockefeller in Ohio. |
1911 |
U.S. Supreme Court breaks up Standard Oil into 34 companies due to antitrust laws. This led to the formation of Exxon and Mobil as separate entities. |
1931 |
Exxon (originally Standard Oil of New Jersey) is established as a major player in the global oil industry. |
1933 |
Mobil (originally Standard Oil of New York) becomes a key competitor in oil exploration and refining. |
1947 |
Exxon and Mobil begin expanding internationally, marking global reach. |
1972 |
Exxon becomes the largest publicly traded oil company in the world. |
1999 |
Exxon and Mobil merge, forming ExxonMobil — one of the world's largest publicly traded oil and gas companies. |
2000s |
ExxonMobil expands into natural gas and petrochemicals. Focus on energy innovation and environmental issues. |
2008 |
ExxonMobil becomes the first company to report annual revenue of over $400 billion. |
2010s |
Continued focus on energy diversification, including increased investments in natural gas and renewable energy research. |
2020s |
ExxonMobil adjusts to shifting market dynamics, with increasing focus on carbon capture, hydrogen energy, and net-zero emission targets. |