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Exxon Mobil Updates Merger Benefits

Exxon Mobil Corp. continues to tout the benefits of the mergerthat created the new company. “When we announced plans for themerger — about a year ago — both companies recognized this wasa once in a lifetime opportunity,” said Chairman Lee Raymond.”Since that time, we have further refined the opportunities andbenefits available to the merged company.” The synergy benefits ofthe merger are expected to be greater and realized sooner thanpreviously thought, Raymond said.

December 16, 1999

Industry Leaders Tout Technology, Change at WEC

Technology and deregulation are viewed as the preeminent driversfor change in the energy industry by executives speaking last weekin Houston at the 17th congress of the World Energy Council.Indeed, change – of the fast-paced and relentless variety – seemedto be regarded as a given by most at the congress.

September 21, 1998
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