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Watch: Teekay Group put together an “IMO 2020 team”

In this video, ExxonMobil’s Marine Fuels Venture Manager, Luca Volta  challenge Teekay Tankers to a game of French Boules to talk about the fast approaching IMO 2020 deadline. The company put together the “IMO 2020 team”, a transition team that focused on finding the ideal fuels to be able to keep up with the upcoming regulations.  

ExxonMobil partners with Indian Uni. on low-emission tech research

ExxonMobil inked a five-year agreement with the Indian Institute of Technology in Madras and Bombay to expand its portfolio on research collaboration with India’s universities, focusing on research in biofuels and bio-products, gas transport and conversion, climate and environment, and low-emissions technologies for the power and industrial sectors. 

ExxonMobil to invest $100 million in lower emission solutions

ExxonMobil announced that it will invest $100 million in ten years in favour of research and develop advanced lower emissions technologies with the US Department of Energy’s National Renewable Energy Laboratory and National Energy Technology Laboratory.

Watch: How the Port of Singapore prepares for the 2020 sulphur cap

In this video, Luca Volta, Marine Fuels Venture Manager, ExxonMobil and Alan Lim, Deputy Director, MPA, discuss the latest challenges of IMO 2020, from enforcement to alternative compliance choices such as scrubbers and LNG. Explaining how the Port of Singapore prepares for the 2020 sulphur cap, Alan Lim said that MPA Singapore is working on two fronts. The first is to ensure availability of compliant fuels at the Port.

OGCI aims to reduce its emissions below 0.25% by 2025

OGCI announced a target to reduce by 2025 the collective average methane intensity of its upstream gas and oil operations by one fifth to below 0.25%, with the ambition to achieve 0.20%, corresponding to a reduction by one third. This methane target comes as OGCI welcomes Chevron Corporation, Exxon Mobil Corporation, and Occidental Petroleum.

Another three oil majors join Oil and Gas Climate Initiative

The Oil and Gas Climate Initiative welcomed three new member companies that together represent 5% of global oil and gas production: Chevron, Exxon Mobil, and Occidental Petroleum. The three new companies will become official members of OGCI as of 24 September 2018.

ExxonMobil announces GHG reduction measures

American energy major ExxonMobil announced greenhouse gas reduction measures, including a 15% decrease in methane emissions and a 25% reduction in flaring. The company also revealed its intention to improve energy efficiency in refining and chemical manufacturing facilities.

Eight energy firms commit to emissions reduction initiative

American energy company ExxonMobil joined a consortium of European oil companies, including BP, Eni, Repsol, Shell, Statoil, Total and Wintershall, with the aim to further reduce methane emissions from the natural gas assets they operate around the world.

Carbon emissions to decline after 2030

ExxonMobil’s new report ”The Outlook for Energy: A view to 2040” forecasts that global CO2 emissions are likely to peak around 2030, and then begin declining. In coming decades, although populations and living standards will rise significantly, ongoing improvements to energy efficiency – and increasing efforts to use lower-carbon fuels wherever practical – will slow the growth in energy-related CO2 emissions.

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