Representatives from ExxonMobil and various government agencies – including Dutch minister for Economic Affairs and Climate Policy Eric Wiebes, Port of Rotterdam CEO Allard Castelein, and, from the US Embassy, Shawn Crowley – gathered at the Port of Rotterdam to mark the start-up of ExxonMobil’s new advanced hydrocracker facility at the port. Continue reading ExxonMobil celebrates new Rotterdam hydrocracker installation
Author: Lisa
ExxonMobil to double downstream earnings
ExxonMobil CEO, Darren Woods, has told shareholders that he expects the company’s downstream earning’s potential to more than double between 2017 and 2025 based on 2017 adjusted returns. Continue reading ExxonMobil to double downstream earnings
UK wind power could grow tenfold
According to a new report for the UK Government by the Committee on Climate Change (CCC), UK wind power would need to grow by almost 10 times if the country is to get to a state of net-zero carbon emissions by Continue reading UK wind power could grow tenfold
US shale oil production to grow substantially
According to Rystad Energy, an independent energy research and business intelligence company, US onshore production is set to grow by around 16% this year – an increase of between 1.1 million and 1.2 million barrels per Continue reading US shale oil production to grow substantially
IEA releases monthly report
The International Energy Agency (IEA) has said in its monthly report that it expects rising US oil production to offset the declining production in Venezuela and Iran.
The US Government recently decided to Continue reading IEA releases monthly report
ExxonMobil to invest $100 million in emissions-reduction research
Oil major ExxonMobil has pledged $100 million in funding for government research laboratories over the next ten years. Continue reading ExxonMobil to invest $100 million in emissions-reduction research
ExxonMobil makes 13th Guyana discovery
Together with its partner Hess Corp, ExxonMobil has announced its 13th significant hydrocarbon discovery offshore of Guyana.
The new Yellowstone-1 well is Continue reading ExxonMobil makes 13th Guyana discovery
New bike chain lubrication aid seeks funding
Cyclists who perform their own bicycle maintenance will know what an awkward and messy business it can be to lubricate the chain, yet Continue reading New bike chain lubrication aid seeks funding
Tight oil to continue driving US production growth
The US Energy Information Administration has projected in its 2019 Annual Energy Outlook that tight oil, which is also often referred to as shale oil, production will continue to grow and drive increasing US oil production long into the future.
Continue reading Tight oil to continue driving US production growthSurvey reveals positive attitude towards wind turbines
People in the US who live near wind turbines prefer to keep them rather than swap them for a fossil fuel power plant or a solar installation, according to new analysis published in Nature Energy for an existing large-scale survey.
Continue reading Survey reveals positive attitude towards wind turbines
