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ExxonMobil plans to increase carbon capture at LaBarge, Wyoming facility IRVING, Texas – ExxonMobil today initiated the process for engineering, procurement and construction contracts as part of its plans to expand carbon capture and storage (CCS) at its LaBarge, Wyoming facility, which has already captured more CO2 than any other facility in the world. The expansion project will capture up to 1 million metric tons of CO2, in addition to the 6-7 million metric tons already captured at LaBarge each year.

Newsroom News • Oct. 21, 2021

Chairman and Chief Executive Officer Darren Woods hosts global employee forum Today, ExxonMobil held an employee forum at its campus in Houston. Chairman and CEO Darren Woods discussed the current state of the industry, how the company managed through a difficult period, the leadership role the company intends to play in the energy transition, and his optimism for the future. Mr. Woods’ comments to ExxonMobil’s employees are summarized as follows:

Newsroom News • Oct. 20, 2021

ExxonMobil to build its first large-scale plastic waste advanced recycling facility IRVING, Texas – ExxonMobil plans to build its first, large-scale plastic waste advanced recycling facility in Baytown, Texas, and is expected to start operations by year-end 2022. 

Newsroom News • Oct. 11, 2021

ExxonMobil increases Stabroek resource estimate to approximately 10 billion barrels IRVING, Texas – ExxonMobil increased its estimate of the discovered recoverable resource for the Stabroek Block offshore Guyana to approximately 10 billion oil-equivalent barrels. 

Newsroom News • Oct. 7, 2021

ExxonMobil increases participation in Scotland carbon capture and storage project IRVING, Texas – ExxonMobil has increased its participation in the proposed Acorn carbon capture project in Scotland by signing an Expression of Interest to capture, transport and store CO2 from its Fife Ethylene Plant. 

Newsroom News • Oct. 6, 2021