Skip to main content

The Fourth Assessment Report

The Fourth Assessment Report (AR4) of the Intergovernmental Panel on Climate Change (IPCC 2007) provides an update of scientific understanding regarding GHG emissions, global warming and the risks of climate change, and the way changes could unfold in the future.

Flaring and venting

During crude oil extraction, a blend of hydrocarbon gases often accompanies oil to the surface. In certain situations, we flare or vent this gas either as a safety measure or as a means of disposal when there are no economic means of capturing and using it.

Risk factors

ExxonMobil’s financial and operating results are subject to a variety of risks inherent in the global oil, gas, and petrochemical businesses.