The agreement with IG Farben gave to Jersey Standard access to patents related to polyisobutylene which assist Jersey Standard to advance in isobutolene polymerization and to produce the first butyl rubber in 1937.
As the agreement with IG Farben gave to the German company a veto right of licensing chemical industry patents in the United States, including patent for butyl rubber, Jersey Standard was accused of treason by senator Harry S. In 1932, Jersey Standard acquired foreign assets of the Pan American Petroleum and Transport Company.
In 1937, its assets in Bolivia were nationalized, followed by nationalization of its assets in Mexico in 1938.
In 1935, Socony Vacuum Oil opened the huge Mammoth Oil Port on Staten Island which had a capacity of handling a quarter of a billion gallons of petroleum products a year and could transship oil from ocean-going tankers and river barges.
The interest in hydrogenation evaporated after discovery of the East Texas Oil Field.
In 1933, Jersey Standard and Socony-Vacuum merged their interests in the Asia-Pacific region into a 50–50 joint venture.
Standard Vacuum Oil Company, or "Stanvac," operated in 50 countries, from East Africa to New Zealand, before it was dissolved in 1962.
The world's 10th largest company by revenue, Exxon Mobil is also the seventh largest publicly traded company by market capitalization.
with daily production of 3.921 million BOE (barrels of oil equivalent); but significantly smaller than a number of national companies.
Exxon Mobil has a history of lobbying for climate change denial and against the scientific consensus that global warming is caused by the burning of fossil fuels.