Petrochemicals
AZ Holding maintains a substantial equity position in ExxonMobil Corporation—one of the world’s largest publicly traded international oil and gas companies. In 2021, AZ Holding acquired an interest in ExxonMobil Corporation through the Vanguard Group, securing a position in one of the world’s most prominent publicly traded oil and gas companies.
With a global presence spanning the entire energy value chain, ExxonMobil is engaged in the exploration, production, and distribution of energy and chemical products that power industries, economies, and everyday life.
Company Profile
ExxonMobil is one of the world’s largest publicly traded international oil and gas companies, headquartered in Spring, Texas. Formed in 1999 through the merger of Exxon and Mobil—both descendants of Standard Oil—the company has operated for over 140 years at the forefront of global energy. Under the leadership of Chairman and CEO Darren Woods since 2017, ExxonMobil spans the entire energy value chain, with operations in exploration, production, refining, chemicals, and marketing. Its diverse portfolio includes high-performance fuels, advanced plastics, and materials essential to industries such as automotive, packaging, and healthcare. Committed to evolving energy responsibly, ExxonMobil is also advancing low-carbon solutions, including large-scale carbon capture and storage initiatives. Through global partnerships and strategic investments—such as its Baytown reconfiguration project and offshore ventures with ADNOC in the UAE—the company continues to shape the future of energy while driving innovation, scale, and sustainability.