Rank: 3 (Previous rank: 3)
CEO: Rex W. Tillerson
Address: 5959 Las Colinas Blvd.
Irving, Texas 75039
Like all of the oil majors, ExxonMobil has had to weather a highly volatile year. Nevertheless, Exxon continues to perform well: the company's 2010 net earnings grew 57% from the previous year to $30.5 billion.
To prepare for future volatility in the global energy market, Exxon is adjusting to growing demand for all different types of energy, CEO Rex Tillerson said during the company's annual shareholder meeting in May. Tillerson said that Exxon plans to put more of its money in alternative fuels, most notably natural gas. "Natural gas will be the fastest growing major energy source and will overtake coal as the second largest global energy source behind only oil," Tillerson said. --S.D.
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|Company||2010 Number of Employees|
|China National Petroleum||1,674,541|