Editing Mobil (section)

{{Short description|American petroleum brand owned by ExxonMobil}}
{{Distinguish|Mobli|Mobile (disambiguation){{!}}Mobile}}
{{About|the company|the racehorse|Mobil (horse)}}
{{Use mdy dates|date=December 2023}} {{Use American English|date=December 2023}}
{{Infobox company
| former_names = {{plainlist|
* Standard Oil Company of New York (1911–31)
* Socony-Vacuum (1931–55)
* Socony Mobil (1955–66)
* Mobil Oil Corp. (1966–99)
}}
| name = Mobil Oil Corporation
| logo = Mobil logo.svg
| logo_size = 200
| image = Hastings County Archives 2017-85-13 (36508225924).jpg
| image_caption = Aerial view of the Mobil <br>Chemical plant in Ontario, 1989
| type = [[Division (business)|Division]]
| traded_as = {{NYSE was|MOB}} <ref name="bizjournals.com">{{Cite web |title=Exxon, Mobil to sell European assets |url=https://www.bizjournals.com/dallas/stories/1999/09/27/daily7.html |access-date=2022-09-17 |website=www.bizjournals.com}}</ref>
| fate = Merged with [[Exxon]], remaining as a [[brand]]
| predecessor = [[Standard Oil]]
| successor = [[ExxonMobil]]
| hq_location = [[Socony–Mobil Building]]
| hq_location_city = [[New York City]], New York, U.S.
| foundation = {{start date and age|1867}} (as ''Astral Oil Works'')
| founder = [[Charles Pratt]]
| area_served = Worldwide
| defunct = {{End date and age|1999|11|30}} (as a company)
| products = [[Gasoline]], [[convenience store]]<br />Some locations:<br />[[Car wash]], [[Automobile repair shop|repair shop]]
| parent = [[ExxonMobil Corporation]]
| subsid = {{plainlist|
* [[Magnolia Petroleum Company|Magnolia]] (1925–59)
* [[Standard Vacuum Oil Company|Standard Vacuum Oil Co.]] (1933–62)
}}
| brands = {{plainlist|
* Mobilgas
* Mobiloil
* Mobilubricant
}}
| website = {{URL|www.mobil.com|mobil.com}}
}}
'''Mobil Oil Corporation''', now known as just '''Mobil''', is a petroleum [[brand]] owned and operated by American oil and gas corporation [[ExxonMobil]], formerly known as Exxon, which took its current name after [[history of ExxonMobil#merger|it and Mobil merged]] in 1999.

A direct descendant of [[Standard Oil]], Mobil was originally known as the '''Standard Oil Company of New York''' (shortened to Socony) after Standard Oil was [[Standard Oil Co. of New Jersey v. United States|split into 43 different entities in a 1911 Supreme Court decision]]. Socony merged with [[Vacuum Oil Company]], from which the Mobil name first originated, in 1931 and subsequently renamed itself to "Socony-Vacuum Oil Company".<ref>{{Cite book |last=Webb |first=Jeffrey B. |title=Energy in American History: A Political, Social, and Environmental Encyclopedia [2 volumes] |last2=Fee |first2=Christopher R. |publisher=Bloomsbury Publishing USA |year=2024 |isbn=979-8-216-17134-8 |location=New York |language=en}}</ref> Over time, Mobil became the company's primary identity, which prompted a renaming in 1955 to the "Socony Mobil Oil Company", and then in 1966 to the "Mobil Oil Corporation". Mobil credits itself with being the first company to introduce [[Pay at the pump|paying at the pump]] at its gas stations, the first company to produce jet aviation fuel, as well as the first company to introduce a mobile payment device, today known as [[Speedpass]].<ref>{{Cite web|title=Our History {{!}} Exxon and Mobil|url=https://www.exxon.com/en/history|access-date=2021-12-07|website=www.exxon.com|language=en|archive-date=2021-12-07|archive-url=https://web.archive.org/web/20211207165606/https://www.exxon.com/en/history|url-status=live}}</ref><ref name="bizjournals.com">{{Cite web |title=Exxon, Mobil to sell European assets |url=https://www.bizjournals.com/dallas/stories/1999/09/27/daily7.html |access-date=2022-09-17 |website=www.bizjournals.com}}</ref>

In 1998, Mobil announced it was merging with Exxon to form ExxonMobil, reuniting the two largest descendants of Standard Oil. The technicalities of the merger, which was completed on November 30, 1999, showed that Exxon bought Mobil, and Mobil shareholders received a payment of stock in Exxon.<ref name="Myerson">{{cite news |last=Myerson |first=Allen R. |date=4 December 1998 |title=The Lion and the Moose - How 2 Executives Pulled off the Biggest Merger Ever |newspaper=[[The New York Times]] |url=https://www.nytimes.com/1998/12/04/business/the-lion-and-the-moose-how-2-executives-pulled-off-the-biggest-merger-ever.html?pagewanted=all |url-status=live |access-date=24 July 2010 |archive-url=https://web.archive.org/web/20140328094952/http://www.nytimes.com/1998/12/04/business/the-lion-and-the-moose-how-2-executives-pulled-off-the-biggest-merger-ever.html?pagewanted=all |archive-date=28 March 2014}}</ref><ref>{{Citation |last=Kumar |first=B. Rajesh |title=ExxonMobil Merger |date=2019 |url=https://doi.org/10.1007/978-3-030-02363-8_9 |work=Wealth Creation in the World’s Largest Mergers and Acquisitions: Integrated Case Studies |series=Management for Professionals |pages=101–109 |editor-last=Kumar |editor-first=B. Rajesh |place=Cham |publisher=Springer International Publishing |language=en |doi=10.1007/978-3-030-02363-8_9 |isbn=978-3-030-02363-8 |s2cid=239577792 |access-date=2022-09-15|url-access=subscription }}</ref> Mobil continues as a [[brand]] name within the combined company, as well as still being a gas station sometimes paired with its own store or [[On the Run (convenience store)|On the Run]]. Mobil's brand name is primarily used to market motor oils, such as [[Mobil 1]]. The former Mobil headquarters in [[Fairfax County, Virginia]], was used as ExxonMobil's downstream headquarters<ref>{{cite web |url=http://www.americancompanies.com/location.asp?ID=Washington%20DC |title=Mobil Corporation |publisher=Americancompanies.com |access-date=2010-07-25 |url-status=dead |archive-url=https://web.archive.org/web/20100915133948/http://www.americancompanies.com/location.asp?ID=Washington%20DC |archive-date=2010-09-15 }}</ref> until 2015 when ExxonMobil consolidated employees into a new corporate campus in [[Spring, Texas]].<ref>{{cite web | url=http://corporate.exxonmobil.com/en/company/worldwide-operations/locations/united-states/houston-campus/overview | title=Our Houston campus | publisher=Exxonmobil.com | access-date=2015-10-01 | archive-date=2015-10-03 | archive-url=https://web.archive.org/web/20151003171733/http://corporate.exxonmobil.com/en/company/worldwide-operations/locations/united-states/houston-campus/overview | url-status=live }}</ref>