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User:Oceanflynn/sandbox/Selected bibliography related to ExxonMobil

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Selected webliography related to ExxonMobil is a shareable research tool for compiling potentially useful and reliable resources on issues related to ExxonMobil.

March 15, 2015 [1] Basell Polyolefins produces Polyolefin

"In September 2016, the Securities and Exchange Commission requested information from ExxonMobil on the company’s longstanding policy of not writing down the value of oil reserve assets in light of future climate change regulations that may force fossil fuel companies to keep oil, natural gas and coal in the ground, in contrast to other energy companies that have done so in the recent past."[https://en.wikipedia.org/wiki/Talk:ExxonMobil_climate_change_controversy user:69.58.42.90 (talk) [2][3][4][5]

Rex Tillerson

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Rex Tillerson69th and current United States Secretary of State, serving since February 1, 2017.[6] "Tillerson joined ExxonMobil in 1975 and rose to serve as the chairman and chief executive officer (CEO) of the company from 2006 to 2016. By 1989 he had become general manager of the Exxon USA central production division. In 1995, he became president of Exxon Yemen Inc. and Esso Exploration and Production Khorat Inc. In 2006, Tillerson was elected chairman and chief executive officer of Exxon, the world's 6th largest company by revenue." (from Rex Tillerson) [7][8] Tillerson retired from Exxon effective January 1, 2017, and was succeeded by Darren Woods.[9] He is a member of the National Academy of Engineering.[7] "In 2014, Tillerson, who had made business deals on behalf of Exxon with Russian President Vladimir Putin, opposed the sanctions against Russia."(from Rex Tillerson)[10] He has previously been the director of the joint US-Russian oil company Exxon Neftegas.[11][12]

Tillerson with President Vladimir Putin of Russia, at the Kremlin, 2012

"Tillerson has ties with President Vladimir Putin of Russia.[11] They have been associates since Tillerson represented Exxon's interests in Russia during President Boris Yeltsin's tenure.[13] John Hamre, the President and CEO of the Center for Strategic and International Studies, of which Tillerson is a board member, states that Tillerson "has had more interactive time with Vladimir Putin than probably any other American, with the exception of Dr. Henry Kissinger.""[13](from Rex Tillerson)

"Tillerson is a friend of Igor Sechin,[14] the leader of the Kremlin's Siloviki (security/military) faction,[15] who has been described as "Russia's second-most powerful person" after Putin.[16]

In 2011, on behalf of ExxonMobil, Tillerson signed an agreement with Russia for drilling in the Arctic that could be valued up to $300 billion.[17] The company began drilling in the Kara Sea in the summer of 2014, and a round of sanctions against Russia introduced in September that year due to the Ukrainian crisis was to have brought the project to a halt in mid-September.[18][19] Nevertheless, the company was granted a reprieve that stretched the window to work until October 10, which enabled it to discover a major field with about 750 million barrels of new oil for Russia.[20]

In 2013, Tillerson was awarded the Order of Friendship by Putin for his contribution to developing cooperation in the energy sector.[21](from Rex Tillerson)

References

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  1. ^ Jordan Blum (September 3, 2015), "Petrochemicals boom in full swing on Gulf Coast: Fueled by a bounty of natural gas, the area has become an export hub", The Houston Chronicle, retrieved March 15, 2017, LyondellBasell CEO Bhavesh "Bob" Patel, left, and plant manager Todd Monette pass through the olefins plant in Channelview "Patel and others say projects are continuing even though falling oil prices, also related to the shale boom, are putting a drag on the Gulf Coast economy. Natural gas is both raw material and fuel for petrochemical production, and the industry's expansions have made the Houston area the birthplace of many products exported to China and the rest of the developing world. All this growth is possible because the bountiful and cheap natural gas in the U.S. means companies pay less for ethane and other gas byproducts used as feedstocks to make the chemicals and plastics. Natural gas feedstock prices are still advantaged even with U.S. oil prices hovering just above $40 a barrel, although that price might not have unleashed the petrochemical construction the area is experiencing, said Bill Gilmer, who directs the Bauer Institute for Regional Forecasting at the University of Houston. Exxon Mobil Chemical is investing close to $6 billion to increase the production of ethylene and polyethylene - the world's most common plastic - at its Baytown Refinery and Mont Belvieu plants. Houston-area exploration and production companies and oil field services businesses shed jobs by the thousands this year as oil prices plummeted, but the petrochemical surge is serving as a temporary, partial offset to the job losses. Houston offers the knowledge base, the cheap natural gas, the historical infrastructure and the Houston Ship Channel access, Gilmer said. Most of its product is exported, so the expansions at Mont Belvieu and Baytown will generate additional trucking, longshoreman and shipping jobs in addition to work at the plant, he said. Because the Baytown and Mont Belvieu plants have become more efficient in recent years, they have reduced their emissions levels, and the expansion will keep the plants within their permitted levels, Chapman said. Even with cheap oil prices now, the petrochemical projects make sense because the natural gas abundance should last for decades in the U.S., said Bobby Tudor, (Robert Beall Tudor, III) CEO of the Tudor, Pickering, Holt & Co. energy investment banking firm in Houston. LyondellBasell, which is domiciled in the Netherlands but has its operational headquarters in Houston, added 800 million pounds of annual ethylene capacity at its La Porte plant last year and, in 2016, will finish another 800-million-pound expansion at its Corpus Christi plant. {{citation}}: Italic or bold markup not allowed in: |work= (help)
  2. ^ Clifford Krauss (September 20, 2016). "S.E.C. Is Latest to Look Into Exxon Mobil's Workings". NYT. Retrieved September 27, 2016.
  3. ^ Aruna Viswanatha and Bradley Olson (September 20, 2016). "SEC Probes Exxon Over Accounting for Climate Change; Probe also examines company's practice of not writing down the value of oil and gas reserves". WSJ. Retrieved September 27, 2016.
  4. ^ Liam Denning (September 21, 2016). "Just Another Cloud In Exxon's Sky". Bloomberg.com. Retrieved September 27, 2016.
  5. ^ Hiroko Tabuchi and Clifford Krauss (September 20, 2016). "A New Debate Over Pricing the Risks of Climate Change". NYT. Retrieved September 27, 2016.
  6. ^ "PN25 - Nomination of Rex W. Tillerson for Department of State". U.S. Congress. February 1, 2017. Retrieved February 1, 2017.
  7. ^ a b "Archive of ExxonMobil Biography of Rex W. Tillerson, Chairman and CEO". ExxonMobil Corporation. Retrieved January 25, 2017.
  8. ^ Schaefer, Steve (May 25, 2016). "The World's Largest Companies 2016". Forbes. Retrieved December 13, 2016.
  9. ^ "Rex Tillerson to Retire, Darren Woods Elected Chairman, CEO of ExxonMobil Corporation". ExxonMobil Corporation. December 14, 2016. Retrieved December 15, 2016.
  10. ^ Plumer, Brad (December 14, 2016). "Rex Tillerson's potentially huge conflict of interest over Russia and oil, explained". Vox. Retrieved 25 January 2017.
  11. ^ a b Scheck, Justin; Marson, James; Gold, Russell (December 13, 2015). "Global Deals That Made Exxon's CEO Now Pose Big Test". The Wall Street Journal. Retrieved December 13, 2016.
  12. ^ Harding, Luke; Munzinger, Hannes (December 18, 2016). "Leak reveals Rex Tillerson was director of Bahamas-based US-Russian oil firm" – via The Guardian.
  13. ^ a b Bradley Olson, Rex Tillerson, a Candidate for Secretary of State, Has Ties to Vladimir Putin, The Wall Street Journal, December 6, 2016.
  14. ^ Ioffe, Julia (December 10, 2016). "What It Really Means to Be a 'Friend of Putin'". Politico Magazine. Retrieved December 11, 2016.
  15. ^ Hahn, Gordon (July 21, 2008). "The Siloviki Downgraded. In Russia's New Configuration of Power". {{cite web}}: |access-date= requires |url= (help); |archive-date= requires |archive-url= (help); Missing or empty |url= (help)
  16. ^ Peleschuk, Dan. "Think it's just Putin who runs Russia? Guess again". CNBC. Archived from the original on December 25, 2014. Retrieved December 11, 2016.
  17. ^ Trefgarne, George (August 31, 2011). "Vladimir Putin plays for high stakes in the oil game". The Daily Telegraph. Archived from the original on October 24, 2014. Retrieved December 10, 2016.
  18. ^ Reed, Stanley & Clifford Krauss (September 12, 2014). "New Sanctions to Stall Exxon’s Arctic Oil Plans", The New York Times. Retrieved December 10, 2016.
  19. ^ Williams, Cara (September 19, 2014) [www.latimes.com/world/europe/la-fg-russia-sanctions-exxonmobil-20140919-story,amp.html "ExxonMobil said to halt drilling in $700-million project in Russia"], Los Angeles Times. Retrieved December 10, 2016.
  20. ^ "Rex Tillerson's Company, Exxon, Has Billions at Stake Over Sanctions on Russia". The New York Times. December 12, 2016. Retrieved December 12, 2016.
  21. ^ "Meeting with energy company heads". Kremlin. June 21, 2013. {{cite web}}: Missing or empty |url= (help)
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