What is the Brand Exxon Mobil?

Are you wondering, “What is the brand Exxon Mobil?”. ExxonMobil is a conglomerate of oil companies. In 1999, Exxon merged with the Mobil Corporation to form a company that bears their name. These companies were part of the so-called “Seven Sisters,” a group that dominated the petroleum industry around the world from the mid-1940s until the 1970s.

In 1931, Vacuum Oil was bought by Socony. Socony changed its name to Socony-Vacuum Oil Co. In 1955, the company became Socony Mobil Oil Company, Inc., and changed its name to Mobil Oil Corp. in 1966. Exxon retained the Esso name in other parts of the world. As oil prices soared in the United States, Exxon shifted its focus abroad and grew its development in the North Sea and Gulf of Mexico. The company also expanded its presence in Africa and Asia.

In the United States, ExxonMobil has a vast portfolio of petrochemicals that enable the manufacture of affordable, safe, and sustainable products. ExxonMobil has evolved from a regional marketer of kerosene to the largest publicly traded oil and gas company in the world. Its business divisions include exploration and extraction, refining, and retail sales.

As of 2008, ExxonMobil had over 7,700 successful gas stations in eighteen states. However, only 600 of these were owned by the company. ExxonMobil diversified its operations by creating “On the Run” outlets and partnering with companies that had similar business models. Its predecesors were known for their connections to fascist dictators. So, how does ExxonMobil compare to its competitors?