NYSE:XOMOil and Gas
Exxon Mobil Reshapes Baytown And Loyalty Programs As Shares Outrun Targets
Exxon Mobil is reconfiguring its Baytown, Texas facility to become the sole supplier of Group I to Group V base stocks and to increase diesel output.
The changes are aimed at aligning production with demand trends in lubricants and heavy duty transport fuels.
Separately, Exxon Mobil is extending its partnership with Comarch to roll out advanced loyalty management systems across Europe.
For investors watching NYSE:XOM, these moves sit against a backdrop of recent share performance, with the...