ExxonMobil
ExxonMobil Earns EPA Natural Gas STAR Award
U.S. EPA Recognizes ExxonMobil for Reducing Methane Emissions Through Technology Advances and Operational Excellence
Nov. 16, 2009 -- HOUSTON -- ExxonMobil Production Company received a 2009 Continuing Excellence award from the U.S. Environmental Protection Agency (EPA), under its Natural Gas STAR Program.
The Natural Gas Star Program recognizes companies that apply cost-effective technologies and management practices to improve operational efficiency and reduce methane emissions. The Continuing Excellence Award is presented to companies that annually self report to the EPA and continually demonstrate a high level of performance in reducing emissions, implementing a variety of technologies and practices, and supporting the program's activities, initiatives, and outreach. » read more »
ExxonMobil: Recovery Requires Policies to Support Energy Development
ExxonMobil CEO Addresses APEC CEO Summit in Singapore
November 13, 2009 -- SINGAPORE -- Affordable and reliable energy supplies necessary to rebuild the global economy require polices that encourage investment, expand international trade and promote technological innovation, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation2 (NYSE:XOM), said today.
Speaking at the Asia-Pacific Economic Cooperation (APEC) CEO’s Summit3, Tillerson said energy is critical to economic development, and despite the current downturn, demand is expected to grow4 in the years ahead, especially in the Asia-Pacific region. » read more »
Air Products to Supply Hydrogen to ExxonMobil in Rotterdam
New Plant to Feature Environmental and Operational Technology Advancements
LEHIGH VALLEY, Pa. (November 9, 2009) – Air Products (NYSE: APD), the leading global hydrogen provider, today announced a long-term supply contract and plans to build a new world-scale hydrogen production plant to serve ExxonMobil’s (Esso) Rotterdam refinery in The Netherlands and additional customers in the region. The plant will feature technology advancements to maximize facility energy efficiency and emission reductions. It will be connected to Air Products’ extensive Rotterdam hydrogen pipeline network system and is expected to be on-stream in the second half of 2011. » read more »
ExxonMobil on Completion of China Fujian Facility
Ceremony Marks the Full Operation of China’s First Integrated Refining and Petrochemical Complex with Foreign Participation
QUANZHOU, FUJIAN PROVINCE, China--(BUSINESS WIRE1)--ExxonMobil2 and its partners, Sinopec, Fujian Province and Saudi Aramco, today celebrated the full operation of China’s first integrated refining and petrochemical facility with foreign participation. This facility, the Fujian Integrated Refining and Ethylene Joint Venture Project, will help meet the region’s growing need for fuels and chemical products. » read more »
ExxonMobil, National Community Action Foundation Award Weatherization Grants to Improve Energy Efficiency
Innovative Proposals by Grantees Will Train New Workers in Weatherization
Nov. 3, 2009 -- ST. PETERSBURG, Fla. -- Exxon Mobil Corporation (NYSE:XOM) and the National Community Action Foundation3 (NCAF) announced today they have awarded approximately $4 million in grants to recipients of the ExxonMobil/NCAF Weatherization Training Partnership4 program. The grants will support training for workers to improve energy efficiency of low-income homes across the nation.
The grant recipients proposed the most innovative new approaches and partnerships to enhance training for workers delivering weatherization services through the Department of Energy’s Weatherization Assistance Program. The following nine community action agencies from around the country received grants: » read more »
Exxon Mobil Q3 2009 Earnings Down 65% Year to Year
IRVING, Texas --
Exxonmobil's Chairman Rex W. Tillerson commented:
“Despite ongoing global economic weakness and reduced demand for products, we continued our robust investment program and delivered strong results.
“Our third quarter earnings, excluding special items, were $4.7 billion. While continuing to be impacted by lower commodity prices and weak product margins, we maintained our focus on operational excellence and invested $19 billion through the first three quarters of the year to develop new energy supplies.
“Oil-equivalent production increased by 3% over the third quarter of 2008 with contributions from major start-ups of world-class assets including Qatargas 2, Train 5 and Ras Laffan 3, Train 6 in Qatar. » read more »
Participants Highlight Improving Women’s Economic Opportunities as a Growth Strategy at U.S.-Africa Business Summit
U.S. and African leaders highlighted economic impediments facing women in Africa and strategies to unleash their economic potential.
WASHINGTON -- Oct. 5, 2009 -- A summit meeting on U.S.-Africa business opportunities drew government, private sector, and civil society leaders from around the world last week to discuss ways to improve women’s economic opportunities. The event included ExxonMobil executive Sara Ortwein, who praised The Corporate Council on Africa for its focus on women and led a roundtable discussion on strategies to promote women's economic development. » read more »
ExxonMobil shows advanced fuel economy Dodge
FAIRFAX, Va.-- Penske Racing driver Sam Hornish Jr. will drive a special No. 77 Mobil 1 Advanced Fuel Economy Dodge in the NASCAR Sprint Cup Series LifeLock.com 400 at Chicagoland Speedway on July 11 to help make consumers aware of the best ways to conserve fuel during the busy summer driving season.
The No. 77 Mobil 1 Advanced Fuel Economy Dodge is designed in part to show ExxonMobil’s continued support for the Alliance to Save Energy and its Drive $marter Challenge, which has the goal of increasing fuel efficiency nationwide.
Before this unique version of the No. 77 car takes to the track, the weekend will kick off with The Mobil 1 Advanced Fuel Economy NASCAR Challenge, a special event to entertain Chicago sports fans and provide them with tips on saving fuel. » read more »
ExxonMobil Teams With Electrovaya on Electric Car Program
Corporation Sponsors Exhibit at Maryland Science Center on Automotive Energy Efficiency
HOUSTON -- Today ExxonMobil took an important step in meeting the world’s growing energy needs by announcing the sponsorship of an all-electric car-sharing and rental program, called AltCar, at the Maryland Science Center in Baltimore, MD.
The new electric vehicles at the science center, called the Maya-300, are powered exclusively by enhanced lithium ion battery technology. They are one of the first fleets of all-electric vehicles using this technology in a consumer car-sharing and rental program in North America. ExxonMobil’s battery separator film enables the use of Electrovaya’s Lithium Ion SuperPolymer® battery in the vehicle. » read more »
ExxonMobil Ups Natural Gas Facilities in Rockies
Expands Natural Gas Processing Capacity in Piceance Basin; Facilities in place to steadily increase supplies to U.S. markets
HOUSTON -- ExxonMobil Production Company announced today the completion of new field processing capacity at its Piceance Project2 on the western slope of the Rocky Mountains in Rio Blanco County, Colorado.
The new facilities have the capacity to handle up to 200 million cubic feet per day of natural gas. They include gas and liquid gathering systems, treating facilities, a produced-water pipeline and subsurface disposal system, and a condensate sales and truck-loading site. » read more »
Car Consumers Stick to Vehicles Longer
But May Not Be Adjusting Maintenance Habits; Survey Shows a Potential Gap Between What Drivers Should Be Doing and What They Are Doing
June 22, 2009 -- FAIRFAX, Va. -- Drivers intend to keep their vehicles longer than they originally intended, but may not be adjusting their maintenance habits to keep pace with their change in plans. This finding is the result of a recent auto maintenance survey commissioned by ExxonMobil. » read more »
Murkowski on Exxon Valdez Oil Spill Damages Ruling
June 15, 2009 -- WASHINGTON, D.C. – U.S. Senator Lisa Murkowski, R-Alaska, this evening issued the following statement after the Ninth Circuit Court of Appeals ordered the Exxon Mobil Corporation to pay $507.5 million in punitive damages from the 1989 Exxon Valdez oil disaster.
In addition, the Court also ordered Exxon Mobil to pay 5.9 percent interest accrued from the 1996 trial judgment:
“I am gratified by the Ninth U.S. Circuit Court of Appeals decision to award interest to the plaintiffs of the Exxon Valdez oil spill. » read more »
ExxonMobil Pipeline Company Ups Pegasus Pipeline Capacity
HOUSTON -- Mobil Pipe Line Company, an affiliate of ExxonMobil Pipeline Company, has completed a project that will increase capacity by 50 percent, or about 30,000 barrels per day, of its 858-mile Pegasus Pipeline that operates from Patoka, Illinois to Nederland, Texas.
The expansion project includes the reactivation and enhancement of several pump stations along the pipeline. The additional capacity will enable the transportation of additional Canadian crude from the Midwest to Gulf Coast refineries. Operational enhancements, such as new leak detection technology, were also incorporated to support ExxonMobil Pipeline Company’s primary focus on operating its pipelines in a safe and environmentally responsible manner. » read more »
ExxonMobil Says Lessons to be Learned from Groningen Field
Tillerson outlines need for cooperation, long-term thinking and technology innovation to meet increasing energy demand while reducing emissions
June 16, 2009 -- GRONINGEN, The Netherlands -- The 50th anniversary of the development of the Groningen field, Europe’s largest natural gas field and one of the greatest energy discoveries in history, provides valuable lessons in teamwork, technology and long-term thinking required to meet the current energy challenge, Rex Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), said today. » read more »
ExxonMobil Touts Africa Businesswomen's Network
ExxonMobil and Vital Voices Launch Africa Businesswomen’s Network at World Economic Forum on Africa
June 10, 2009 -- CAPE TOWN, South Africa -- Exxon Mobil Corporation (NYSE:XOM) and Vital Voices Global Partnership3 today joined with local businesswomen’s organizations throughout Africa to announce the launch of the Africa Businesswomen’s Network (ABWN) at the World Economic Forum on Africa. » read more »