United States.
ExxonMobil is the world's leading oil and petrochemical company. It was founded by John Rockefeller in 1882 and is headquartered in Irvine, Texas, USA. ExxonMobil operates in approximately 200 countries and regions around the world through its affiliated companies and has 86,000 employees, including approximately 14,000 engineering and technical personnel and scientists.
It is the world's largest non-governmental oil and gas producer and the world's largest non-governmental natural gas seller; it is also one of the world's largest refiners, with 45 refineries in 25 countries. It has a refining capacity of 6.4 million barrels; it has more than 37,000 gas stations and 1 million industrial and wholesale customers around the world; it sells approximately 28 million tons of petrochemical products in more than 150 countries every year.
The company has obtained a 3A credit rating for more than 85 consecutive years and is one of the few companies in the world to maintain this record. In this year's list of Fortune magazine's rankings of the largest U.S. public companies, skyrocketing energy prices pushed Exxon Mobil to the top of the 2006 Fortune 500. ?
Predecessor introduction
In 1859, after American Drake drilled the first industrial oil well in Pennsylvania, the population of the remote town of Taysville increased dramatically. Land prices soared, oil companies came one after another, and oil prices changed rapidly. In the oil frenzy of strong players, the shrewd Rockefeller did not follow the trend. He found that the income from selling one gallon of kerosene was equivalent to selling 2 barrels of crude oil.
So, he decisively started from the downstream of the oil industry. In 1865, he acquired the refinery of Clark, an Englishman with whom he was a partner, and obtained a large amount of funds, establishing a foothold in the oil industry.
In the 1870s, when capital in the United States and Europe developed rapidly and they were in urgent need of oil, he clearly realized that whoever controls oil transportation controls oil. As a result, he used various relationships to win over railroad transportation personnel, reduce costs, and even adopted some unethical behaviors to gradually monopolize the U.S. oil processing and distribution industry. Just when he was enjoying success in oil refining, due to the expansion of the oil market, competition became increasingly fierce, oil prices plummeted, and the oil refining industry began to run into difficulties.
In 1867, Rockefeller learned from the fortune of a bankrupt businessman that in unpredictable market changes, taking the road of "cooperative management" can reduce risks. In 1870, he founded Mobil Oil Company (also called Standard Oil Company); by 1871, the business environment continued to deteriorate, and oil refining fell into panic. At this anxious moment, he had another bold idea - to realize Greater unification of the refining industry resulted in the Southern Improvement Company, a conglomerate of refining and rail transportation.
By 1870, Rockefeller had become the owner of the largest oil refining group in the world at the time. Later, a biographer wrote: "Of all the methods thought up by American industrialists, this is the most cruel and deadly."
Rockefeller used his extraordinary business planning and management skills to The prediction and planning of market events have constantly defeated various external impacts on operations and technology, and have overturned lawsuits brought against him by some oil merchants and monopoly capitalists for unfair business practices. Finally, a complete petroleum production and management system developed from crude oil production, processing, transportation and sales was realized.
By the end of the 19th century, the business tentacles of Mobil Oil Company had extended to every corner of the world. Rockefeller and his high-level decision-makers were sitting in the headquarters of a nine-story building at 26 Broadway Street in New York at that time. , the command saw that Rockefeller, the unique "petroleum kingdom" in the world, was recorded in the history of the development of the modern oil industry due to his low image among the public and his great achievements in the development of modern capitalism and business.
Rockefeller became the richest man in the United States, and he reached the pinnacle of the American oil industry.