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Updated:Apr 23, 2026
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ExxonMobil Corporate Timeline (1972–2010)

ExxonMobil Corporate Timeline (1972–2010)

  1. Hibernia offshore oil field is discovered

    Labels: Hibernia field, Newfoundland
  2. Exxon buys Reliance Electric stock amid FTC challenge

    Labels: Reliance Electric, FTC
  3. Exxon Office Systems begins major cutbacks

    Labels: Exxon Office, plant closure
  4. Exxon moves to exit office-systems business

    Labels: Office-systems exit, divestment
  5. Court ruling drives sharp Exxon earnings drop

    Labels: Court ruling, Texas field
  6. Exxon announces major restructuring amid oil price collapse

    Labels: Corporate restructuring, oil price
  7. Exxon Valdez oil spill in Prince William Sound

    Labels: Exxon Valdez, Prince William
  8. Exxon agrees to major criminal and civil settlement

    Labels: Valdez settlement, criminal fine
  9. Exxon and Mobil complete merger into ExxonMobil

    Labels: Exxon, Mobil
  10. Supreme Court reduces Exxon Valdez punitive damages

    Labels: Supreme Court, Exxon Shipping
  11. ExxonMobil announces plan to acquire XTO Energy

    Labels: XTO Energy, ExxonMobil deal
  12. ExxonMobil completes XTO Energy acquisition

    Labels: XTO acquisition, wholly owned