Situation Analysis Company background On November 30, 1999, Exxon Corporation and Mobil Corporation formally merged to form Exxon Mobil Corporation. Headquartered in Irving, Texas, ExxonMobil is a worldwide leader in the petroleum and petrochemicals business. At the end of the century, they came together as a single premier organization. For most of the years in between, they blazed separate trails as independent, competing enterprise. Each company placed a singular imprint on the energy industry and on a …
showed first 75 words of 480 total

showed last 75 words of 480 total
…environmental regulations. Both the likelihood of such occurrences and their overall effect upon the corporation vary greatly from country to country and are not predictable. Previous Results In 2000, the corporation spent $1,529 million (of which $393 million were capital expenditures) on environmental projects and expenses worldwide, mostly dealing with air and water conservation. Total expenditures for such activities are expected to be about $1.8 billion in both 2001 and 2002 (with capital expenditures representing about 25 percent of the total).DV