Mobil Corporation Petroleum And Natural Gas Exploration...

Background Exxon Mobil Corporation is one of the largest international petroleum and natural gas exploration/production companies in the world. The main focus of the company is energy, involving the exploration and production of crude oil/natural gas, manufacturing of petroleum products and the transportation/sales of these said products. The company includes hundreds of affiliates which divides its business units into three main areas; upstream, downstream and chemical. The upstream section focuses on conventional oil, heavy oil, shale gas, deepwater, liquefied natural gas and sour gas projects. The downstream portion aims its focus with refining crude oil and other feedstock s into fuels, lubricants and other chemicals while also figuring out how to deliver these products to the customers through a global distribution network. The chemical business is focuses on the production of olefins and polyolefin s as well as manufacturing specialist chemicals for use in water treatment , coatings, lubricants and oil drilling fluids. Though the company is widely considered an energy company, they are also viewed as a technology company also who applies science and innovation in order to find safer and cleaner ways to deliver the energy the world needs. Industry Analysis/Pestle Analysis In order to understand the reasoning behind how a company manages innovation and change, you need to understand the business context of the industry from which the company resides in. ForShow MoreRelatedMobil Corporation : The Largest International Petroleum And Natural Gas Exploration Essay1348 Words   |  6 Pages Exxon Mobil Corporation is one of the largest international petroleum and natural gas exploration/production companies in the world. The main focus of the company is energy, involving the exploration and production of crude oil/natural gas, manufacturing of petroleum products and the transportation/sales of these said products. The company includes hundreds of affiliates which divides its business units into three main areas; upstream, downstream and chemical . The upstream section focuses onRead MoreThe Company Corporation And Exxon Corporation Essay1602 Words   |  7 Pagespublicly traded oil and gas company in the world. It wa s formed from the merger of Mobil Corporation and Exxon Corporation and it is best known in many countries by the brand names Exxon, Esso, and Mobil. The company was incorporated on August 5, 1882 and it operates through five different segments: Upstream, Downstream, Chemical, and Corporate and Finance. The Upstream segment explores for and produces crude oil and natural gas. The Downstream segment manufactures and sells petroleum products. 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