netrashetty
Netra Shetty
Organisational Structure of ExxonMobil : The Exxon Mobil Corporation, or ExxonMobil, is an American multinational oil and gas corporation. It is a direct descendant of John D. Rockefeller's Standard Oil company,[3] and was formed on November 30, 1999, by the merger of Exxon and Mobil. Its headquarters are in Irving, Texas.
ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. However they are currently 4th according to Forbes Global 2000. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years.[4] With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels, Exxon Mobil is the largest refiner in the world,[5][6] a title that was also associated with Standard Oil since its incorporation in 1870.[7]
ExxonMobil is the largest of the six oil supermajors[8] with daily production of 3.921 million BOE (barrels of oil equivalent). In 2008, this was approximately 3% of world production, which is less than several of the largest state-owned petroleum companies.[9] When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total
CEO
Jesse Tyson
Airlines Sales
MT
Aviation & Military Sales
HD
Aviation Operations
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Business Development
WU
the correlation between the Central Bank Independence (CBI) and inflation is becoming much more important in the developing countries in recent times. Cukierman (1994) firstly summaries the empirical results in the correlation between CBI and inflation (which will largely affect the economic growth).He listed that “(1) among industrialized countries, there is negative correlation between the legal central bank independence and the inflation (economic growth), and there is no correlation between the ‘turnover rate (TOR) of central governors’ and the inflation. (2) Conversely, the TOR of Cukierman et al., (1992) ---is significantly related to inflation among the developing countries. H Berger, (J de Haan, SCW Eijffinger 2001) also believed that “a high level of central bank independence coupled with some explicit mandate” for the bank to restrain inflation are important institution strategy to assure price stability. Prakash Loungani provided the same suggestion that: “there is correlation between increased central bank independence (CBI) and lower inflation rates. The relationship can not be well explained by the initial economic condition.” However, Bernd Hayo (2002) argued that: “CBI is just one useful monetary policy instrument, which is neither necessary nor sufficient for monetary stability”. The correlation between the CBI and low inflation rate has no implications for causality.
ExxonMobil is one of the largest publicly traded companies in the world, having been ranked either #1 or #2 for the past 5 years. However they are currently 4th according to Forbes Global 2000. Exxon Mobil's reserves were 72 billion oil-equivalent barrels at the end of 2007 and, at then (2007) rates of production, are expected to last over 14 years.[4] With 37 oil refineries in 21 countries constituting a combined daily refining capacity of 6.3 million barrels, Exxon Mobil is the largest refiner in the world,[5][6] a title that was also associated with Standard Oil since its incorporation in 1870.[7]
ExxonMobil is the largest of the six oil supermajors[8] with daily production of 3.921 million BOE (barrels of oil equivalent). In 2008, this was approximately 3% of world production, which is less than several of the largest state-owned petroleum companies.[9] When ranked by oil and gas reserves it is 14th in the world with less than 1% of the total
CEO
Jesse Tyson
Airlines Sales
MT
Aviation & Military Sales
HD
Aviation Operations
AL
Business Development
WU
the correlation between the Central Bank Independence (CBI) and inflation is becoming much more important in the developing countries in recent times. Cukierman (1994) firstly summaries the empirical results in the correlation between CBI and inflation (which will largely affect the economic growth).He listed that “(1) among industrialized countries, there is negative correlation between the legal central bank independence and the inflation (economic growth), and there is no correlation between the ‘turnover rate (TOR) of central governors’ and the inflation. (2) Conversely, the TOR of Cukierman et al., (1992) ---is significantly related to inflation among the developing countries. H Berger, (J de Haan, SCW Eijffinger 2001) also believed that “a high level of central bank independence coupled with some explicit mandate” for the bank to restrain inflation are important institution strategy to assure price stability. Prakash Loungani provided the same suggestion that: “there is correlation between increased central bank independence (CBI) and lower inflation rates. The relationship can not be well explained by the initial economic condition.” However, Bernd Hayo (2002) argued that: “CBI is just one useful monetary policy instrument, which is neither necessary nor sufficient for monetary stability”. The correlation between the CBI and low inflation rate has no implications for causality.
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