ExxonMobil (Silver Sponsor)
This is ExxonMobil
Energy enables economic growth and social progress in countries around the world.
Energy is the lifeblood of prosperity. It supports higher living standards and enables people around the world to benefit from the advantages of our modern, technologically advanced society. As we look to the future, one thing is certain: Even with growing efficiency, the world is going to need more energy.
Meeting this important challenge will require technological innovation and an investment strategy that is focused on long-term value creation -- as well as a commitment to integrity and environmental protection. ExxonMobil’s competitive advantages – a balanced portfolio, disciplined investing, high-impact technologies, operational excellence and global integration – position us well to help meet this challenge and create long-term value for our shareholders.
ExxonMobil’s Upstream portfolio encompasses high-quality exploration opportunities across all resource types and geographies; an industry-leading resource base; a portfolio of world-class projects; and a diverse set of producing assets.
In 2012, we captured 22 new opportunities spanning unconventional and conventional plays. At year-end 2012, our exploration acreage totaled 60 million net acres in 32 countries. Our unconventional experience in North America
enabled us to successfully capture new unconventional acreage positions in Australia, Canada, Colombia, Germany and Indonesia. Our combination of technical expertise, extensive global databases and industry-leading research
facilities allows ExxonMobil Upstream to identify, pursue and selectively capture the highest-quality opportunities across all resource types and environments.
We participated in three major startups in 2012 and plan to bring 28 major projects online between 2013 and 2017, which are expected to net approximately 1 million oil-equivalent barrels per day to our production volumes
Near-term production activity will focus on starting up 18 projects in 2013 and 2014, including 16 that are liquids or gas with liquids-linked pricing. Additionally, we will continue to develop our material North American unconventional resources. Long term, we will pursue profitable growth by leveraging our technical expertise to develop a diverse global project portfolio.
With our detailed knowledge of global energy markets, we are also able to capitalize on growing natural gas and power markets. In 2012, we sold more than 15.2 billion net cubic feet per day of gas across 33 countries, including participation in liquefied natural gas operations that delivered 61 million metric tonnes to global markets.
Our commitment to research and development is a key contributor to our long-term success. We develop and apply innovative solutions to increasingly complex technical challenges. Our breakthrough technologies enable the discovery of new resources, access to harsh environments and the economic development of challenging reservoirs never before thought possible.
Overall, our Upstream business continues to apply effective risk management, safety and operational excellence across our integrated global businesses.
ExxonMobil’s Downstream is a diverse business with a global portfolio of world-class refining and distribution facilities, lube oil blend plants and marketing operations. We are the world’s largest refiner and lube basestock manufacturer, with a balanced portfolio of assets and flexible operations that position us to capture opportunities in the high-growth Asia-Pacific region, as well as mature markets in North America and Europe.
We hold ownership interest in 32 refineries with distillation capacity of 5.4 million barrels per day and lubricant basestock capacity of 126,000 barrels per day. We are an industry leader in integration, with more than 75 percent of our refining operations integrated with chemicals or lubes, which provides
unique optimization capability across the entire value chain.
Our fuels and lubricants marketing businesses have global reach and a portfolio of world-renowned brands, including Exxon, Mobil and Esso. Our long-standing record of technology leadership underpins the innovative products and services that deliver superior performance for our customers.
Our high-quality products, combined with a strong refining and distribution network, position us as a sought-after and reliable supplier around the world.
ExxonMobil Chemical is one of the largest chemical companies in the world, with a unique portfolio of commodity and specialty businesses and annual sales of more than 24 million tonnes. We have world-scale manufacturing
facilities in all major regions of the world, and our products serve as the building blocks for a wide variety of everyday consumer and industrial products.
We process feedstocks from ExxonMobil’s Upstream and refining operations, as well as other market sources, to manufacture chemical products for higher-value end uses. Our focus is on product lines that capitalize on scale and technology advantages, allowing us to build on an unmatched combination of advantaged feedstocks, lower-cost processes and premium products. As a result, we have strong positions in the markets we serve, and generate industry-leading returns throughout the business cycle.
Our talented and committed workforce uses time-tested management systems to improve business performance and meet high operating standards. These systems enable continuous improvement in our safety performance,
increased reliability and lower operating cost.
The safety of our operations is at the foundation of our commitment that “Nobody Gets Hurt.” Safety is a core value for us – one that shapes our decisions every day and at every level in our operations. We are committed to providing a safe work environment for our employees, contractors and the communities in which we operate.
In today’s complex business environment, delivering outstanding performance requires exceptional people. ExxonMobil employs more than 77,000 employees with a diverse array of skills, specialties and backgrounds. More than 18,000 of our employees are scientists and engineers, and more than 2,000 hold Ph.D.s. We recruit talented people from around the world and provide them with formal
training and a broad range of global experiences to develop our next generation of leaders.
For more information, visit exxonmobil.com.