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History in the UK

history

Exxon Mobil Corporation operates facilities or markets products in most of the world's countries and is an industry leader in almost every aspect of the energy and petrochemical business.

Exxon Mobil Corporation was created following the merger of Exxon (Esso's parent company) and Mobil. However, the idea of Exxon and Mobil working together is nothing new.

The corporate entities that would one day become Exxon and Mobil share a common ancestry - the Standard Oil Trust formed by John D Rockefeller in 1882.  Under this umbrella, two organisations were formed - the Standard Oil Company of New Jersey and the Standard Oil Company of New York. Jersey Standard and Socony, as they were commonly known, were the predecessors of Exxon and Mobil.

In 1911 the US Supreme Court ordered the dissolution of the Standard Oil Trust - Jersey Standard and Socony were two of the 33 companies that went their separate ways.

In the ensuing years the two companies followed similar paths, expanding around the world and into every segment of the oil business, including petrochemicals, as they met the world's energy needs.

Ultimately, Exxon and Mobil realised that they could operate more effectively and more competitively as one organisation.  The merger was completed on November 30, 1999.

Read a more detailed history about Exxon and Mobil in the 20th century on the Corporation's website.