Recent ExxonMobil ESG News
ExxonMobil Moves Forward with Largest Renewable Diesel Facility in Canada
ExxonMobil announced its majority-owned affiliate, Imperial Oil Ltd, will invest about $560 million to move forward with construction of the largest renewable diesel facility in Canada. The project at Imperial’s
Mitsubishi Eyes Carbon Capture Project with Exxon, Nippon Steel
Mitsubishi Corp has agreed with Exxon Mobil Corp and Japan’s biggest steelmaker Nippon Steel Corp to consider a carbon dioxide capture and storage (CCS) project, a spokesperson at the trading house said
ExxonMobil to Invest $17 Billion in Lower-Emissions Initiatives through 2027
ExxonMobil announced its corporate plan for the next five years, with a sizeable increase in investments aimed at emission reductions and accretive lower-emission initiatives, including its Low Carbon Solutions business.
Exxon, Japan’s Mitsubishi Heavy Tie-Up in Carbon Capture Technology
ExxonMobil and Mitsubishi Heavy Industries (MHI) have joined forces to deploy MHI’s leading CO2 capture technology as part of ExxonMobil’s end-to-end carbon capture and storage (CCS) solution for industrial customers. The
ExxonMobil, CNOOC and Shell to pursue carbon capture and storage hub in China
Agreement initiates joint study to identify carbon capture and storage opportunity Project could capture up to 10 million metric tons of CO2 per year subject to the joint study Collaboration supports
ExxonMobil, Grieg Edge, North Ammonia, GreenH to assess low-emission hub at Slagen terminal in Norway
Potential production of up to 20,000 metric tons of green hydrogen; distribution of up to 100,000 metric tons of green ammonia Opportunity for Slagen terminal to provide lower-emission marine fuels
ExxonMobil to Grow Shareholder Value by Meeting Need for Energy, Essential Products and Lower-Emissions Solutions
Annual Shareholders Meeting highlights company’s plans to play a leading role in the energy transition Strategy focused on five priorities to sustainably grow shareholder value Streamlined business structure to take
ExxonMobil and Indonesia’s Pertamina to advance cooperation in carbon capture and storage
Agreement to assess implementation of lower-emissions technologies in Indonesia Builds on memorandum of understanding signed at COP 26 Collaboration will support Indonesia’s 2060 net-zero ambition ExxonMobil and Pertamina, the state-owned
ExxonMobil makes three new discoveries offshore Guyana, increases Stabroek resource estimate to nearly 11 billion barrels
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block to nearly 11 billion oil-equivalent barrels. Discoveries at Barreleye-1, Patwa-1
ExxonMobil receives top certification for methane emissions management for natural gas from Permian Basin
ExxonMobil said that approximately 200 million cubic feet per day of natural gas produced from its Permian Basin facilities at Poker Lake, New Mexico have been independently certified and received
About
Exxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil.