Difference between revisions of "Exxon Mobil: Who, Where, How Much?"
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:Mossmoran is fed directly from the North Sea, via St Fergus terminal. Its products are distributed by pipeline to UK markets or by ship to Europe. 250 employees on Mossmoran site. {{ref|32}} 50% owned by [[Shell]] Chemicals UK. {{ref|33}} | :Mossmoran is fed directly from the North Sea, via St Fergus terminal. Its products are distributed by pipeline to UK markets or by ship to Europe. 250 employees on Mossmoran site. {{ref|32}} 50% owned by [[Shell]] Chemicals UK. {{ref|33}} | ||
− | *'''Purfleet Lubricants Plant'' | + | *'''Purfleet Lubricants Plant''' |
:Responsible for manufacture, packing & distribution. Blends base stocks, which come by ship from Fawley. It is also a major distribution terminal for fuels and other products. Leading brands are Mobil 1 and Esso Ultron. Over 400 different types of lubricants are blended at Purfleet for industry. {{ref|34}} | :Responsible for manufacture, packing & distribution. Blends base stocks, which come by ship from Fawley. It is also a major distribution terminal for fuels and other products. Leading brands are Mobil 1 and Esso Ultron. Over 400 different types of lubricants are blended at Purfleet for industry. {{ref|34}} | ||
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cellpadding="10"> | cellpadding="10"> | ||
<tr> | <tr> | ||
− | + | <td>'''Upstream'''</td> | |
<td>44.6%</td> | <td>44.6%</td> | ||
</tr> | </tr> | ||
<tr> | <tr> | ||
− | + | <td>'''Downstream'''</td> | |
<td>31.7%</td> | <td>31.7%</td> | ||
</tr> | </tr> | ||
<tr> | <tr> | ||
− | + | <td>'''Chemicals'''</td> | |
<td>15.8%</td> | <td>15.8%</td> | ||
</tr> | </tr> | ||
<tr> | <tr> | ||
− | + | <td>'''Other & corporate'''</td> | |
<td>7.9%</td> | <td>7.9%</td> | ||
</tr> | </tr> | ||
Line 153: | Line 153: | ||
===Major shareholders=== | ===Major shareholders=== | ||
− | Top Institutional Holders of Exxon Mobil {{ref|44 | + | Top Institutional Holders of Exxon Mobil: {{ref|44}} |
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− | Top Mutual Fund Holders {{ref|45 | + | *[[Fidelty Management and Research]] Corporation (FMR Corp) |
+ | *[[Barclays]] Bank | ||
+ | *[[JP Morgan Chase]] & Company | ||
+ | *[[State Street]] Corporation | ||
+ | *[[Mellon Bank]], NA | ||
+ | *[[Vanguard]] Group, Inc. | ||
+ | *[[Putman Investment Management]], Inc. | ||
+ | *[[Taunus]] Corporation | ||
+ | *[[TIAA Cref Investment Management]], LLC | ||
+ | *[[Citigroup]] Inc. | ||
+ | |||
+ | Top Mutual Fund Holders: {{ref|45}} | ||
*[[College Retirement Equities Fund-Stock Account]] | *[[College Retirement Equities Fund-Stock Account]] | ||
− | *[[Fidelity Magellan Fund | + | *[[Fidelity Magellan Fund]] Inc. |
*[[Vanguard Index 500 Fund]] | *[[Vanguard Index 500 Fund]] | ||
*[[Fidelity Growth And Income Portfolio]] | *[[Fidelity Growth And Income Portfolio]] | ||
− | *[[Putnam Fund For Growth | + | *[[Putnam Fund For Growth and Income]] |
*[[AXP New Dimensions Fund]] | *[[AXP New Dimensions Fund]] | ||
− | *[[Fidelity Contrafund | + | *[[Fidelity Contrafund]] Inc. |
*[[Vanguard Institutional Index Fund]] | *[[Vanguard Institutional Index Fund]] | ||
− | *[[Fidelity Puritan Fund | + | *[[Fidelity Puritan Fund]] Inc. |
*[[Washington Mutual Investors Fund]] | *[[Washington Mutual Investors Fund]] | ||
− | Board of Directors | + | ===Exxon Mobil Board of Directors=== |
+ | |||
+ | The board currently is comprised of fifteen directors, eleven of which are non-employees. {{ref|46}} | ||
+ | |||
+ | *[[Lee R Raymond]] | ||
+ | :Chairman of the Board of Directors and Chief Executive Officer | ||
− | + | *[[Eugene A Renna]] | |
+ | :Senior Vice President | ||
− | [[ | + | *[[René Dahan]] |
− | + | :Senior Vice President | |
− | [[ | + | *[[Harry J Longwell]] |
− | Senior Vice President | + | :Senior Vice President |
− | [[ | + | *[[Michael J Boskin]] |
− | Senior | + | :TM Friedman Professor of Economics and Senior Fellow, [[Hoover Institution]], Stanford University |
− | [[ | + | *[[William T Esrey]] |
− | + | :Chairman and Chief Executive Officer, [[Sprint Corporation]] (a global communications company integrating long distance, local and wireless communications services and one of the world's largest carriers of Internet traffic) | |
− | [[ | + | *[[Donald V Fites]] |
− | + | :Retired Chairman and Chief Executive Officer, [[Caterpillar]] Inc. (manufacturer of construction, mining, and agricultural machinery and engines) | |
− | [[ | + | *[[Charles A Heimbold, Jr]] |
− | Chairman and Chief Executive Officer, [[ | + | :Chairman and Chief Executive Officer, [[Bristol-Myers Squibb]] Company (manufacturer of consumer products and pharmaceuticals) |
− | [[ | + | *[[James R Houghton]] |
− | + | :Chairman of the Board Emeritus, [[Corning Incorporated]] (communications, advanced materials and display products) | |
− | [[ | + | *[[William R Howell]] |
− | Chairman | + | :Chairman Emeritus, [[JC Penney]] Company, Inc. (department store and catalogue chain) |
− | [[ | + | *[[Helene L Kaplan]] |
− | + | :Of Counsel, [[Skadden, Arps, Slate, Meagher & Flom]] LLP (law firm) | |
− | [[ | + | *[[Reatha Clark King]] |
− | + | :President and Executive Director, [[General Mills Foundation]]; Vice President, [[General Mills]], Inc. (manufacturer and marketer of consumer food products) | |
− | [[ | + | *[[Philip E Lippincott]] |
− | + | :Chairman of the Board, [[Campbell Soup Company]] (global manufacturer and marketer of high quality, branded convenience food products); Retired Chairman and Chief Executive Officer, [[Scott Paper Company]] (sanitary paper, printing and publishing papers and forestry operations) | |
− | [[ | + | *[[Marilyn Carlson Nelson]] |
− | + | :Chairman and Chief Executive Officer, [[Carlson Companies]], Inc.; Co-Chair, [[Carlson Holdings]], Inc. (travel, hotels, restaurants and marketing services) | |
− | [[ | + | *[[Walter V Shipley]] |
− | Chairman of the Board, [[ | + | :Retired Chairman of the Board, The [[Chase Manhattan]] Corporation and The [[Chase Manhattan Bank]] (banking and finance) |
− | + | ===Executives=== | |
− | |||
− | [[ | + | *[[Lee R Raymond]] Chairman of the Board and Chief Executive Officer |
− | + | *[[E G Galante]] Senior Vice President | |
+ | *[[R W Tillerson]] Senior Vice President | ||
+ | *[[H J Longwell]] Executive Vice President, Director | ||
+ | *[[E A Renna]] Executive Vice President, Director | ||
+ | *[[R Dahan]] Executive Vice President, Director | ||
+ | *[[M E Foster]] President, ExxonMobil Development Company | ||
+ | *[[F A Risch]] Vice President, Treasurer | ||
+ | *[[D D Humphreys]] Vice President, Controller | ||
+ | *[[C W Matthews]] Vice President, General Counsel | ||
+ | *[[T P Townsend]] Vice President of Investor Relations, Secretary | ||
+ | *[[P E Sullivan]] Vice President and General Tax Counsel | ||
+ | *[[H R Cramer]] Vice President | ||
+ | *[[K T Koonce]] Vice President | ||
+ | *[[S R McGill]] Vice President | ||
+ | *[[S D Pryor]] Vice President | ||
+ | *[[D S Sanders]] Vice President | ||
+ | *[[J S Simon]] Vice President | ||
− | + | The two Senior Vice Presidents, the three Executive Vice Presidents and the Chairman and CEO, L R Raymond, constitute the Corporation's Management Committee. | |
− | + | ===Principal directors in the UK=== | |
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− | + | '''Esso UK plc''' {{ref|47}} | |
− | Esso UK plc {{ref|47 | ||
*[[Ansel Condray]] (Chairman) | *[[Ansel Condray]] (Chairman) | ||
− | Ansel Condray helped Bush to draft the voluntary Clean | + | :Ansel Condray helped Bush to draft the voluntary Clean Air Programme for Texas when Bush was governor there in 1997 (see also [[Exxon Mobil: Influence / Lobbying#Links with government|Links with Government]]). {{ref|48}} |
− | Took over from [[Keith Taylor]], 26/2/00. Taylor was a very public figure, both in the industry and outside it – President of [[Institute of Chemical Engineers]], vice president of the [[Institute of Petroleum]], council member of [[CBI]], [[Business in the Community]] and the [[Institute of Business Ethics]]. He died of cancer in September 2000 {{ref|49 | + | |
+ | :Took over from [[Keith Taylor]], 26/2/00. Taylor was a very public figure, both in the industry and outside it – President of the [[Institute of Chemical Engineers]], vice president of the [[Institute of Petroleum]], council member of [[CBI]], [[Business in the Community]] and the [[Institute of Business Ethics]]. He died of cancer in September 2000. {{ref|49}} | ||
*[[SC Spancake]] (Finance Director) | *[[SC Spancake]] (Finance Director) | ||
Line 261: | Line 265: | ||
*[[JV Genova]] (International Gas Marketing) | *[[JV Genova]] (International Gas Marketing) | ||
*[[RG Bellis]] (Exploration) | *[[RG Bellis]] (Exploration) | ||
+ | |||
All executive directors of Esso UK plc (all male). | All executive directors of Esso UK plc (all male). | ||
− | Condray, Genova and Bellis all have Europe-wide roles in ExxonMobil International {{ref|50 | + | Condray, Genova and Bellis all have Europe-wide roles in ExxonMobil International. {{ref|50}} |
− | Other directors | + | ===Other directors=== |
− | *[[SBL Penrose]] (Finance Director, | + | *[[SBL Penrose]] (Finance Director, '''Esso Petroleum Co Ltd''', '''Esso Exploration & Production UK Ltd''', '''Mobil Gas Marketing Ltd''') {{ref|51}} |
− | *[[ME Clifton]] (Mobil Gas Marketing) {{ref|52 | + | *[[ME Clifton]] ('''Mobil Gas Marketing''') {{ref|52}} |
− | *[[John Cousins]] (Executive vice president, | + | *[[John Cousins]] (Executive vice president, '''ExxonMobil International Ltd''') {{ref|53}} |
− | + | '''ExxonMobil Chemical''' {{ref|54}} | |
*[[MJ Lane]] (Chairman) | *[[MJ Lane]] (Chairman) | ||
Line 277: | Line 282: | ||
*[[DJ Hartgerink]] | *[[DJ Hartgerink]] | ||
− | + | '''ExxonMobil Aviation International''' {{ref|55}} | |
*[[JAC Bell]] | *[[JAC Bell]] | ||
Line 284: | Line 289: | ||
*[[IC Downie]] | *[[IC Downie]] | ||
− | + | ==Subsidiaries== | |
− | + | ||
+ | ===Worldwide=== | ||
+ | |||
+ | ExxonMobil has numerous functional and service organisations. One example is '''ExxonMobil Development Company''', responsible for overall stewardship of project development and drilling activities for the Corporation's worldwide upstream operations. There is a whole range of other companies recognisable by Exxon, Mobil and/or Esso name. Some of the companies are not so easily recognisable by name, like [[Imperial Oil]] Limited, [[Monetary Coal]] Company, [[Compania Minera Disputada de Las Condes Limitada]] (Chile), [[International Colombia Resources]] Corporation LLC (intercor) (Colombia) etc. | ||
− | + | To get an overview of some of ExxonMobil's different companies, check out 'Our Activities' at http://www.exxonmobil.com/opsmap/index.html. The most comprehensive overview can be obtained by looking in the 'Who Owns Who' directory of North America (can be found in most libraries). | |
− | + | ===UK=== | |
− | + | In the UK, the [[Esso]] business consists of the holding company '''Esso UK plc''' and two operating businesses – '''Esso Exploration and Production UK Limited''', and '''Esso Petroleum Company Limited'''. | |
− | UK | + | ExxonMobil has 6 main UK operating companies: |
− | |||
− | + | '''Upstream:''' | |
+ | *Esso Exploration & Production UK Ltd | ||
+ | *Mobile North Sea Ltd | ||
+ | *Mobil Gas Marketing (UK) Ltd | ||
− | + | '''Downstream:''' | |
− | Esso | + | *Esso Petroleum Company, Ltd |
− | + | *Mobil Lubricants UK Ltd | |
− | Mobil | ||
− | + | '''Chemicals:''' | |
− | + | *ExxonMobil Chemical Ltd | |
− | |||
− | Chemicals: | ||
− | ExxonMobil Chemical Ltd | ||
There are also a number of ExxonMobil international business areas which are co-ordinated from the UK, by the following subsidiaries: | There are also a number of ExxonMobil international business areas which are co-ordinated from the UK, by the following subsidiaries: | ||
− | *[[ExxonMobil Aviation International | + | *[[ExxonMobil Aviation International]] Ltd |
− | *[[ExxonMobil Marine Fuels | + | *[[ExxonMobil Marine Fuels]] Ltd |
− | *[[International Marine Transportation | + | *[[International Marine Transportation]] Ltd |
*[[Mobil Marine Lubricants]] | *[[Mobil Marine Lubricants]] | ||
− | *[[ExxonMobil International | + | *[[ExxonMobil International]] Ltd (oversees the upstream operations within Europe and West Africa) |
− | *[[ExxonMobil Sales and Supply | + | *[[ExxonMobil Sales and Supply]] Corporation |
− | Esso Petroleum Company owns (100%) the following: [[Cleveland Petroleum Company | + | Esso Petroleum Company owns (100%) the following: [[Cleveland Petroleum Company]] Ltd, [[Comma Oil and Chemicals]] Ltd, [[Dart Oil Company]] Ltd, [[Redline Oil Services]] Ltd and [[Retail Petroleum Services]] Ltd. Also owns 74.9% of [[Mode Wheel Property]] Ltd {{ref|56}} and 65% of [[Mainline Pipelines]] Ltd. {{ref|57}} |
==Resources== | ==Resources== | ||
Line 329: | Line 335: | ||
==References== | ==References== | ||
− | #{{note|16}} | + | #{{note|16}} ExxonMobil website http://www.exxonmobil.com/opsmap/ |
− | #{{note|17}} Aberdeen Press & Journal, 2/12/98, | + | #{{note|17}} Aberdeen ''Press & Journal'', 2/12/98, 'Jobs fears as oil firms get hitched up' gives 2,500 between Leatherhead and Fawley. Esso video, 'Graduate opportunities in Esso – a closer look', 2000, says 1,500 staff at Fawley. |
− | #{{note|18}} | + | #{{note|18}} Lloyd's List 4/12/99, 'Oil – Exxon Mobil predicts big savings', by Helen Carr |
− | #{{note|19}} | + | #{{note|19}} Aberdeen ''Press & Journal'', 2/12/98, 'Jobs fears as oil firms get hitched up' |
− | #{{note|20}} ExxonMobil, | + | #{{note|20}} ExxonMobil, 'We cover a lot of ground', recruitment brochure, 2000 |
− | #{{note|21}} Esso – | + | #{{note|21}} Esso – 'Refining', Dec 1996 |
#{{note|22}} Institute of Petroleum, Annual statistics, 1998/99, p.6 | #{{note|22}} Institute of Petroleum, Annual statistics, 1998/99, p.6 | ||
#{{note|23}} from refinery delivery updates, Lloyds List – always 80,000t | #{{note|23}} from refinery delivery updates, Lloyds List – always 80,000t | ||
#{{note|24}} Institute of Petroleum, Annual statistics, 1998/99, p.6 | #{{note|24}} Institute of Petroleum, Annual statistics, 1998/99, p.6 | ||
− | #{{note|25}} Lloyds List, 27/1/97, Special report on Southampton: | + | #{{note|25}} Lloyds List, 27/1/97, Special report on Southampton: 'Dredging programme the key to the future' |
− | #{{note|26}} Esso – | + | #{{note|26}} Esso – 'Refining', Dec 1996 |
− | #{{note|27}} Esso video, | + | #{{note|27}} Esso video, 'Graduate opportunities in Esso – a closer look', 2000 |
− | #{{note|28}} Institute of Petroleum, Annual statistics, 1998/99, p. 6 | + | #{{note|28}} Institute of Petroleum, Annual statistics, 1998/99, p.6 |
− | #{{note|29}} Esso – | + | #{{note|29}} Esso – 'Refining', Dec 1996 |
− | #{{note|30}} | + | #{{note|30}} 'Esso in the UK', Dec 1996 |
− | #{{note|31}} | + | #{{note|31}} Hart's European Fuel News, 8/12/99, 'Esso Fawley refinery gets new Cogen plant' |
− | #{{note|32}} Esso video, | + | #{{note|32}} Esso video, 'Graduate opportunities in Esso – a closer look', 2000 |
− | #{{note|33}} Esso – | + | #{{note|33}} Esso – 'Refining', Dec 1996 |
− | #{{note|34}} ExxonMobil, | + | #{{note|34}} ExxonMobil, 'Activities in the United Kingdom', pamphlet, April 2001 |
− | #{{note|35}} | + | #{{note|35}} Lloyd's List 4/12/99, 'Oil – Exxon Mobil predicts big savings', by Helen Carr |
− | #{{note|36}} Manchester Evening News 1/3/01, | + | #{{note|36}} Manchester ''Evening News'' 1/3/01, 'Jobs bonanza - but mind your language' |
− | #{{note|37}} ExxonMobil, | + | #{{note|37}} ExxonMobil, 'Activities in the United Kingdom', pamphlet, April 2001 |
− | #{{note|38}} Institute of Petroleum, Annual statistics, 1998/99, p. 6 | + | #{{note|38}} Institute of Petroleum, Annual statistics, 1998/99, p.6 |
− | #{{note|39}} Esso / Exxon Chemical – | + | #{{note|39}} Esso/Exxon Chemical – 'Forward focus – Graduate opportunities', summer 1998 |
− | #{{note|40}} Esso Newsline, Feb | + | #{{note|40}} Esso Newsline, Feb 1998, p.5 |
− | #{{note|41}} Esso video, | + | #{{note|41}} Esso video, 'Graduate opportunities in Esso – a closer look', 2000 |
− | #{{note|42}} Evening Express, Aberdeen, 12/9/00, | + | #{{note|42}} ''Evening Express'', Aberdeen, 12/9/00, 'UK in gridlock' |
− | #{{note|43}} Octane Week, 4/12/00, | + | #{{note|43}} ''Octane Week'', 4/12/00, 'UK weighs more tax cuts to spark sales of ultra low-sulfur gasoline' |
#{{note|44}} Yahoo Finance web site, http://biz.yahoo.com/hd/x/xom.html, viewed 1/9/01 | #{{note|44}} Yahoo Finance web site, http://biz.yahoo.com/hd/x/xom.html, viewed 1/9/01 | ||
#{{note|45}} Yahoo Finance web site, http://biz.yahoo.com/hd/mf/x/xom.html, viewed 1/9/01 | #{{note|45}} Yahoo Finance web site, http://biz.yahoo.com/hd/mf/x/xom.html, viewed 1/9/01 | ||
#{{note|46}} ExxonMobil annual report 2000 | #{{note|46}} ExxonMobil annual report 2000 | ||
#{{note|47}} Esso UK plc, interim accounts, 15/3/01, from Companies House | #{{note|47}} Esso UK plc, interim accounts, 15/3/01, from Companies House | ||
− | #{{note|48}} A Decade of Dirty Tricks | + | #{{note|48}} ''A Decade of Dirty Tricks: ExxonMobil's attempts to stop the world tackling climate change'', a briefing by Greenpeace (July 2001), online at http://www.stopesso.com/pdf/Dirty%20Tricks.pdf |
− | #{{note|49}} The Times, 16/10/00, | + | #{{note|49}} The ''Times'', 16/10/00, Keith Taylor Obituary |
− | #{{note|50}} | + | #{{note|50}} Hart's European Offshore Petroleum Newsletter, 26/1/00, 'Europe: Oil & gas people' |
#{{note|51}} Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00; Esso Exploration & Production UK Ltd, annual accounts for year ending 31/12/99, filed at Companies House 9/5/00; Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00 | #{{note|51}} Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00; Esso Exploration & Production UK Ltd, annual accounts for year ending 31/12/99, filed at Companies House 9/5/00; Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00 | ||
− | #{{note|52}} RS Franklin (Mobil Gas Marketing) | + | #{{note|52}} RS Franklin (Mobil Gas Marketing) Hart's European Offshore Petroleum Newsletter, 26/1/00, 'Europe: Oil & gas people' |
#{{note|53}} Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00 | #{{note|53}} Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00 | ||
#{{note|54}} Exxon Chemical Ltd, annual accounts for year ending 31/12/99, filed at Companies House 13/6/00 | #{{note|54}} Exxon Chemical Ltd, annual accounts for year ending 31/12/99, filed at Companies House 13/6/00 |
Latest revision as of 16:47, 27 July 2007
Contents
Worldwide
Exxon Mobil conducts business in almost 200 countries worldwide. [1] For information on the different ExxonMobil companies and affiliates, see http://www.exxonmobil.com/affiliate/, or look at the map of worldwide operations divided up into upstream, downstream, chemical and coal & mineral http://www.exxonmobil.com/opsmap/index.html.
The corporation's headquarters is in Irving, Texas, USA.
- Exxon Mobil Corporation
- 5959 Las Colinas Boulevard
- Irving
- Texas 75039-2298
- Phone: +1 (0) 972 444 1000
- Fax: +1 (0)972 444 1350
Other offices include:
- Exxon Chemical
- 13501 Katy Fwy
- Houston
- Texas 77079
- Phone: +1 (0)800 231 6633
- Exxon Coal & Minerals
- 2401 S. Gessner
- Houston
- Texas 77063
- Postal address: PO Box 1314, Houston, TX 77251-1314
- Phone: +1 (0)713 978 5333
- Fax: +1 (0)713 9785404
- Exxon International
- 200 Park Ave
- Florham Park
- New Jersey 07932
- Phone: +1 (0)201 765 7000
UK
You can find Esso's major locations on an interactive map on their web site at http://www.esso.com/eaff/essouk/glance/britain.html. Their main locations are in Leatherhead, West London, Abingdon, Fareham, Fife, Fawley and Purfleet.
See below for descriptions of some of the places.
- Leatherhead
- Leatherhead is the HQ of Esso UK plc, Esso Exploration & Production and Esso Petroleum Company. Up to 1,000 staff work there. [2] It is a purpose built complex of offices, used initially for administrative functions when the head office used to be at Victoria Street. Based here are sales & marketing, IT, gas, some of human resources, logistics, some of exploration, some of finance.
- Exxon Mobil House
- Ermyn Way
- Leatherhead
- Surrey
- KT22 8UX
- Phone: +44 (0)1372 222 000
- Fax: +44 (0)1372 222 424
- London offices
- Mobil Court in London is HQ of UK upstream units (Mobil North Sea, Esso Exploration and Production, Mobil Gas Marketing) and of ExxonMobil International. Trade journal Lloyds List describes its role as a "centre of excellence" responsible for European and African upstream operations. [3] Prior to the merger, Mobil had 900 upstream staff in London. [4]
- The London office is described as 'European upstream headquarters'. The finance division is based there (deals with internal finance). [5]
- 3 Clements Inn
- London
- WC2A 2EB
- West London Terminal, Heathrow
- Fuels Customer Service Centre, Central Operations Group and Senior Management are based here.
- Fareham, Hampshire
- Exxon Chemical's Head Office, close to Southampton and the M27.
- ExxonMobil Chemical Ltd
- PO Box 122
- 4600 Parkway
- Solent Business Park
- Whitley
- Fareham
- Hampshire
- PO15 7AP
- Fawley
- Situated on the Solent near Southampton is Fawley, Britain's largest refinery (which uses as much electricity as Southampton does). [6]
- Major process units at Fawley include: 3 atmospheric + 3 vacuum distillation units, a fluid catalytic cracking unit, a resid finer, a polymerisation plant, 2 powerformers, 5 hydrofiners, 2 sulphur extraction units, a lubricating oil manufacturing complex, an isomerisation unit and a bitumen plant. [7]
- Crude oil arrives in 80,000 tonne tanker ships. [8] The Marine Terminal has 5 deep-sea berths and 4 inshore berths. There are 2,500 ship movements per year (most of these taking products away). [9] More than 25 million tonnes of oil and oil products pass through Southampton port per year, mostly for or from Fawley. [10] About half of the inputs are from the North Sea (sweet – low sulphur), half from the Middle East (sour). [11]
- Exxon Chemical has a chemical manufacturing complex at Fawley, producing 700,000 tonnes of chemicals per year. [12] It produces ethylene, butylenes, butadiene, solvents, butyl and halobutyl rubber, lubricating oil, fuel oil additives, higher olefins for internediaries for the vinyl and plastics industries. It also produces speciality chemicals for oil exploration, extraction and refining industries. [13] About 80% is exported – many to Exxon Chemical plants in Europe. Chemical products for UK markets go first by ship to two terminals at Purfleet or one at Immingham. [14] About 600 work at Fawley for Exxon Chemical. [15]
- Last year a combined heat and power plant (CHP) was set up at Fawley. It produces 135MW of electricity, and 150 tonnes of steam per hour, which is fed back into the refinery. The site is on Esso land, but the plant is owned by Cogen, National Power’s CHP subsidiary, and is operated by Esso employees. [16]
- Fawley
- Southampton
- SO45 1TX
- Phone: +44 (0)1703 896712
- Mossmoran plant
- Mossmoran is fed directly from the North Sea, via St Fergus terminal. Its products are distributed by pipeline to UK markets or by ship to Europe. 250 employees on Mossmoran site. [17] 50% owned by Shell Chemicals UK. [18]
- Purfleet Lubricants Plant
- Responsible for manufacture, packing & distribution. Blends base stocks, which come by ship from Fawley. It is also a major distribution terminal for fuels and other products. Leading brands are Mobil 1 and Esso Ultron. Over 400 different types of lubricants are blended at Purfleet for industry. [19]
- Call centre, Manchester
- Due to open in the summer, at Salford Quays, with 300 staff. Dealing with enquiries from retail, wholesale and industrial customers across Europe. [20]
- Aberdeen office
- The Mobil North Sea office in Aberdeen has been kept after the merger, but with a reduction in staff numbers from the former 400. [21]
The Distribution network
ExxonMobil claims to operate the largest underground pipeline network in the UK. [22] 85% of Fawley's products leave by pipeline to distribution terminals or airports (including Heathrow and Gatwick). Short pipelines feed local power stations and petrochemical works. [23] 10% leaves by ship, taking products to terminals in UK and Europe, and just 5% by road.
There are distribution terminals at West London (near Heathrow), Purfleet, Avonmouth, Birmingham, Nottingham, Hythe (near Fawley) and Manchester. West London is the biggest terminal. [24]
Esso also shares a terminal in Plymouth with Conoco (Mayflower Distribution Terminal) and one in Belfast with BP (Belfast Fuels Terminal). [25]
Esso has its own fleet of 100 road tankers, [26] which take the products from terminals to petrol stations and to industrial customers. Esso also uses contractors for this.
Garages get their fuel from the nearest refinery – whichever company owns it, so if you watch tankers coming out of Fawley, you will see all company liveries. When Fawley was blockaded last year, The Automobile Association said half the petrol stations on the south coast could be affected. [27] But a report in Octane Week confirms the assertion on Esso's website that 80% are supplied from Fawley – noting that the new ultra-low sulphur gasoline from Fawley was being sold at 80% of Esso's petrol stations, and the remaining 20% weren't supplied from there. [28]
Structure/Ownership
ExxonMobil is structured and managed by business activity, on a global basis, rather than by country. New ExxonMobil structure, following merger, organises into 11 separate global businesses:
- five upstream: exploration, development, production, gas marketing, upstream research
- four downstream: refining & supply, fuels marketing, lubricants & petroleum specialities, technology
- chemicals
- coal & minerals
While the move is to global organisation, there are practical (geographical) limits to the ability to do this. For example, upstream and downstream operations in the UK both have the same chairman, and are based in the same office. But the move is new, so it remains to be seen to what extent the globalisation policy is implemented.
To give an idea of their grouping, one senior manager of ExxonMobil board is responsible for all upstream divisions, another for all downstream, and another for the chemicals and coal & minerals divisions.
Relative size of these areas in ExxonMobil globally according to Exxon-Mobil Financial & Operating Review (average capital employed, 2000):
Upstream | 44.6% |
Downstream | 31.7% |
Chemicals | 15.8% |
Other & corporate | 7.9% |
Top Institutional Holders of Exxon Mobil: [29]
- Fidelty Management and Research Corporation (FMR Corp)
- Barclays Bank
- JP Morgan Chase & Company
- State Street Corporation
- Mellon Bank, NA
- Vanguard Group, Inc.
- Putman Investment Management, Inc.
- Taunus Corporation
- TIAA Cref Investment Management, LLC
- Citigroup Inc.
Top Mutual Fund Holders: [30]
- College Retirement Equities Fund-Stock Account
- Fidelity Magellan Fund Inc.
- Vanguard Index 500 Fund
- Fidelity Growth And Income Portfolio
- Putnam Fund For Growth and Income
- AXP New Dimensions Fund
- Fidelity Contrafund Inc.
- Vanguard Institutional Index Fund
- Fidelity Puritan Fund Inc.
- Washington Mutual Investors Fund
Exxon Mobil Board of Directors
The board currently is comprised of fifteen directors, eleven of which are non-employees. [31]
- Chairman of the Board of Directors and Chief Executive Officer
- Senior Vice President
- Senior Vice President
- Senior Vice President
- TM Friedman Professor of Economics and Senior Fellow, Hoover Institution, Stanford University
- Chairman and Chief Executive Officer, Sprint Corporation (a global communications company integrating long distance, local and wireless communications services and one of the world's largest carriers of Internet traffic)
- Retired Chairman and Chief Executive Officer, Caterpillar Inc. (manufacturer of construction, mining, and agricultural machinery and engines)
- Chairman and Chief Executive Officer, Bristol-Myers Squibb Company (manufacturer of consumer products and pharmaceuticals)
- Chairman of the Board Emeritus, Corning Incorporated (communications, advanced materials and display products)
- Chairman Emeritus, JC Penney Company, Inc. (department store and catalogue chain)
- Of Counsel, Skadden, Arps, Slate, Meagher & Flom LLP (law firm)
- President and Executive Director, General Mills Foundation; Vice President, General Mills, Inc. (manufacturer and marketer of consumer food products)
- Chairman of the Board, Campbell Soup Company (global manufacturer and marketer of high quality, branded convenience food products); Retired Chairman and Chief Executive Officer, Scott Paper Company (sanitary paper, printing and publishing papers and forestry operations)
- Chairman and Chief Executive Officer, Carlson Companies, Inc.; Co-Chair, Carlson Holdings, Inc. (travel, hotels, restaurants and marketing services)
- Retired Chairman of the Board, The Chase Manhattan Corporation and The Chase Manhattan Bank (banking and finance)
Executives
- Lee R Raymond Chairman of the Board and Chief Executive Officer
- E G Galante Senior Vice President
- R W Tillerson Senior Vice President
- H J Longwell Executive Vice President, Director
- E A Renna Executive Vice President, Director
- R Dahan Executive Vice President, Director
- M E Foster President, ExxonMobil Development Company
- F A Risch Vice President, Treasurer
- D D Humphreys Vice President, Controller
- C W Matthews Vice President, General Counsel
- T P Townsend Vice President of Investor Relations, Secretary
- P E Sullivan Vice President and General Tax Counsel
- H R Cramer Vice President
- K T Koonce Vice President
- S R McGill Vice President
- S D Pryor Vice President
- D S Sanders Vice President
- J S Simon Vice President
The two Senior Vice Presidents, the three Executive Vice Presidents and the Chairman and CEO, L R Raymond, constitute the Corporation's Management Committee.
Principal directors in the UK
Esso UK plc [32]
- Ansel Condray (Chairman)
- Ansel Condray helped Bush to draft the voluntary Clean Air Programme for Texas when Bush was governor there in 1997 (see also Links with Government). [33]
- Took over from Keith Taylor, 26/2/00. Taylor was a very public figure, both in the industry and outside it – President of the Institute of Chemical Engineers, vice president of the Institute of Petroleum, council member of CBI, Business in the Community and the Institute of Business Ethics. He died of cancer in September 2000. [34]
- SC Spancake (Finance Director)
- SC Polkey (Fuels Marketing)
- D Carr (Logistics & Refining)
- JV Genova (International Gas Marketing)
- RG Bellis (Exploration)
All executive directors of Esso UK plc (all male).
Condray, Genova and Bellis all have Europe-wide roles in ExxonMobil International. [35]
Other directors
- SBL Penrose (Finance Director, Esso Petroleum Co Ltd, Esso Exploration & Production UK Ltd, Mobil Gas Marketing Ltd) [36]
- ME Clifton (Mobil Gas Marketing) [37]
- John Cousins (Executive vice president, ExxonMobil International Ltd) [38]
ExxonMobil Chemical [39]
- MJ Lane (Chairman)
- RH Coleman
- DJ Hartgerink
ExxonMobil Aviation International [40]
Subsidiaries
Worldwide
ExxonMobil has numerous functional and service organisations. One example is ExxonMobil Development Company, responsible for overall stewardship of project development and drilling activities for the Corporation's worldwide upstream operations. There is a whole range of other companies recognisable by Exxon, Mobil and/or Esso name. Some of the companies are not so easily recognisable by name, like Imperial Oil Limited, Monetary Coal Company, Compania Minera Disputada de Las Condes Limitada (Chile), International Colombia Resources Corporation LLC (intercor) (Colombia) etc.
To get an overview of some of ExxonMobil's different companies, check out 'Our Activities' at http://www.exxonmobil.com/opsmap/index.html. The most comprehensive overview can be obtained by looking in the 'Who Owns Who' directory of North America (can be found in most libraries).
UK
In the UK, the Esso business consists of the holding company Esso UK plc and two operating businesses – Esso Exploration and Production UK Limited, and Esso Petroleum Company Limited.
ExxonMobil has 6 main UK operating companies:
Upstream:
- Esso Exploration & Production UK Ltd
- Mobile North Sea Ltd
- Mobil Gas Marketing (UK) Ltd
Downstream:
- Esso Petroleum Company, Ltd
- Mobil Lubricants UK Ltd
Chemicals:
- ExxonMobil Chemical Ltd
There are also a number of ExxonMobil international business areas which are co-ordinated from the UK, by the following subsidiaries:
- ExxonMobil Aviation International Ltd
- ExxonMobil Marine Fuels Ltd
- International Marine Transportation Ltd
- Mobil Marine Lubricants
- ExxonMobil International Ltd (oversees the upstream operations within Europe and West Africa)
- ExxonMobil Sales and Supply Corporation
Esso Petroleum Company owns (100%) the following: Cleveland Petroleum Company Ltd, Comma Oil and Chemicals Ltd, Dart Oil Company Ltd, Redline Oil Services Ltd and Retail Petroleum Services Ltd. Also owns 74.9% of Mode Wheel Property Ltd [41] and 65% of Mainline Pipelines Ltd. [42]
Resources
- Exxon Mobil
- Exxon Mobil: Influence / Lobbying
- Exxon Mobil: Corporate Crimes
- Exxon Mobil: Links, contacts & resources
References
- ^ ExxonMobil website http://www.exxonmobil.com/opsmap/
- ^ Aberdeen Press & Journal, 2/12/98, 'Jobs fears as oil firms get hitched up' gives 2,500 between Leatherhead and Fawley. Esso video, 'Graduate opportunities in Esso – a closer look', 2000, says 1,500 staff at Fawley.
- ^ Lloyd's List 4/12/99, 'Oil – Exxon Mobil predicts big savings', by Helen Carr
- ^ Aberdeen Press & Journal, 2/12/98, 'Jobs fears as oil firms get hitched up'
- ^ ExxonMobil, 'We cover a lot of ground', recruitment brochure, 2000
- ^ Esso – 'Refining', Dec 1996
- ^ Institute of Petroleum, Annual statistics, 1998/99, p.6
- ^ from refinery delivery updates, Lloyds List – always 80,000t
- ^ Institute of Petroleum, Annual statistics, 1998/99, p.6
- ^ Lloyds List, 27/1/97, Special report on Southampton: 'Dredging programme the key to the future'
- ^ Esso – 'Refining', Dec 1996
- ^ Esso video, 'Graduate opportunities in Esso – a closer look', 2000
- ^ Institute of Petroleum, Annual statistics, 1998/99, p.6
- ^ Esso – 'Refining', Dec 1996
- ^ 'Esso in the UK', Dec 1996
- ^ Hart's European Fuel News, 8/12/99, 'Esso Fawley refinery gets new Cogen plant'
- ^ Esso video, 'Graduate opportunities in Esso – a closer look', 2000
- ^ Esso – 'Refining', Dec 1996
- ^ ExxonMobil, 'Activities in the United Kingdom', pamphlet, April 2001
- ^ Lloyd's List 4/12/99, 'Oil – Exxon Mobil predicts big savings', by Helen Carr
- ^ Manchester Evening News 1/3/01, 'Jobs bonanza - but mind your language'
- ^ ExxonMobil, 'Activities in the United Kingdom', pamphlet, April 2001
- ^ Institute of Petroleum, Annual statistics, 1998/99, p.6
- ^ Esso/Exxon Chemical – 'Forward focus – Graduate opportunities', summer 1998
- ^ Esso Newsline, Feb 1998, p.5
- ^ Esso video, 'Graduate opportunities in Esso – a closer look', 2000
- ^ Evening Express, Aberdeen, 12/9/00, 'UK in gridlock'
- ^ Octane Week, 4/12/00, 'UK weighs more tax cuts to spark sales of ultra low-sulfur gasoline'
- ^ Yahoo Finance web site, http://biz.yahoo.com/hd/x/xom.html, viewed 1/9/01
- ^ Yahoo Finance web site, http://biz.yahoo.com/hd/mf/x/xom.html, viewed 1/9/01
- ^ ExxonMobil annual report 2000
- ^ Esso UK plc, interim accounts, 15/3/01, from Companies House
- ^ A Decade of Dirty Tricks: ExxonMobil's attempts to stop the world tackling climate change, a briefing by Greenpeace (July 2001), online at http://www.stopesso.com/pdf/Dirty%20Tricks.pdf
- ^ The Times, 16/10/00, Keith Taylor Obituary
- ^ Hart's European Offshore Petroleum Newsletter, 26/1/00, 'Europe: Oil & gas people'
- ^ Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00; Esso Exploration & Production UK Ltd, annual accounts for year ending 31/12/99, filed at Companies House 9/5/00; Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00
- ^ RS Franklin (Mobil Gas Marketing) Hart's European Offshore Petroleum Newsletter, 26/1/00, 'Europe: Oil & gas people'
- ^ Mobil North Sea Ltd, annual accounts for year ending 31/12/99, filed at Companies House 2/11/00
- ^ Exxon Chemical Ltd, annual accounts for year ending 31/12/99, filed at Companies House 13/6/00
- ^ ExxonMobil Aviation International Ltd, annual accounts for year ending 31/12/99, filed at Companies House 23/10/00
- ^ Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00
- ^ Esso Petroleum Co Ltd, annual accounts for year ending 31/12/99, filed at Companies House 12/4/00