What did Esso become?

In 1972, Esso officially changed its name to Exxon. This rebranding was part of a larger effort to consolidate the company's global operations under a single brand name. The name "Exxon" was chosen because it was unique, easy to pronounce, and had no negative connotations in any language.

Exxon quickly became one of the largest and most recognizable oil companies in the world. The company expanded its operations to include not only the production and refining of oil, but also the exploration and development of new oil and gas reserves. Exxon also diversified into other areas, such as petrochemicals, plastics, and synthetic fuels.

Throughout the 1980s and 1990s, Exxon continued to grow and expand its operations. The company made several major acquisitions, including the purchase of Mobil in 1999. This merger created ExxonMobil, which is now one of the largest publicly traded companies in the world.

ExxonMobil has a global presence, with operations in over 50 countries and territories. The company employs over 70,000 people worldwide and has a market capitalization of over $300 billion. ExxonMobil is also one of the largest oil and gas producers in the world, with reserves totaling over 24 billion barrels of oil equivalent.

Despite its size and success, ExxonMobil has faced criticism for its environmental practices and its role in climate change. The company has been accused of downplaying the risks of climate change and funding climate denial campaigns. In recent years, ExxonMobil has made efforts to reduce its carbon footprint and invest in renewable energy sources.

In conclusion, Esso became Exxon, which later merged with Mobil to become ExxonMobil. Today, ExxonMobil is one of the largest and most powerful oil companies in the world, with a global presence and a market capitalization of over $300 billion. While the company has faced criticism for its environmental practices, it continues to play a major role in the global energy industry.

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