5 Most Valuable Oil Companies in the World

2. Exxon Mobil Corporation (NYSE:XOM)

Founded in 1999 and situated in Irving, Texas, Exxon Mobil Corporation (NYSE: XOM) focuses on transport, production, sale, exploration, and more of crude oil. Ranking second in our list of most valuable oil companies in the world, the company ranks 23rd in Fortune’s 2021 Global 500 list.

Exxon Mobil Corporation (NYSE: XOM) mainly operates in the Asia Pacific (Australia, China, India, Japan, Singapore, Thailand), Europe (Belgium, France, Germany, Italy, Netherlands, United Kingdom), Middle East (Saudi Arabia), North America (Canada, Mexico, United States), and South America (Brazil).

This year, Exxon Mobil Corporation (NYSE: XOM) established a new business portfolio, revolving around commercializing its extensive low-carbon technology. Dubbed, ExxonMobil Low Carbon Solutions, the department is centered around carbon capture and storage, which is a key step towards meeting its climate goals detailed in the Paris Agreement.

15 Most Valuable Oil Companies in the World

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