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Share Facebook website link opens in a new window Twitter url opens in a fresh window Linkedin connection opens in a completely new window 1 Email connection opens in a brand new window duplicate to clipboard shut Print ExxonMobil announces second-quarter 2023 effects
For the duration of the second quarter, ExxonMobil introduced it is actually planning to create a lubricants producing plant in Raigad, India. The brand new plant is predicted to generate 159,000 kiloliters of concluded lubricants every year to assist meet up with desire advancement in India, with commence-up envisioned by calendar year-end 2025.
The job, expected to begin up in 2026, will tie to the same CO2 infrastructure that may be employed by the corporate’s venture with CF Industries.
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As compared to the exact same quarter previous year, earnings diminished $248 million on weaker market margins and unfavorable quantity/mix consequences.
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2022, which was filed Using the SEC on February 22, 2023. Additional information and facts concerning the individuals in the proxy solicitations and an outline of their immediate or oblique passions, by security holdings or usually, will likely be contained in the proxy assertion/prospectus along with other applicable resources submitted Together with the SEC when they develop into accessible.
5Subject to additional investment by ExxonMobil and allowing for carbon seize and storage tasks.
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Corporate and Financing noted Internet expenses of $506 million. This was a rise of $151 million as opposed to the 1st quarter driven by unfavorable foreign Trade impacts and tax items.