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Both exxon and mobil were descendants of standard oil, established by john d Rockefeller and partners in 1870 as the standard oil company of ohio In 1882, it together with its affiliated companies was incorporated as the standard oil trust with standard oil company of new jersey and standard oil company of new york as its largest companies The story of exxon and mobil begins in 1870 with john d Rockefeller and his associates forming the standard oil company. 1982 exxon celebrates 100 years since the formation of the standard oil trust in 1882 In its first 100 years, the company evolved from a domestic refiner and distributor of kerosene to a large multinational corporation, involved at every level of oil and gas exploration, production, refining and marketing, and petrochemicals manufacturing. Created from the 1999 merger of mobil corporation and exxon corporation, exxon mobil's history is the story of two companies, each an influential constituent of modern business history. Exxonmobil's history is a tale of innovation, growth, and global leadership in the energy industry It all began in 1870 when john d Rockefeller founded standard oil company, which later evolved into exxonmobil Over the years, the company has witnessed numerous milestones and transformations In 1911, due to antitrust legislation, standard oil was broken up into several different companies. A timeline of exxonmobil's history from standard oil in 1870 to the 2023 $59.5b acquisition of pioneer natural resources' permian basin assets. Exxon corporation, former oil and natural resources company that merged with mobil corporation as exxon mobil in 1999 The former exxon company was founded in 1882 as part of the standard oil trust (see standard oil company and trust), which in 1899 became the holding company for all companies previously grouped in the trust.