Overview
ExxonMobil’s history in China dates back to 1892 when its predecessor Standard Oil began marketing kerosene to light the Mei Foo lamps at Chinese homes.
Since the late 1970s, as China reopened its market to foreign participation, ExxonMobil has gradually re-engaged in many aspects of China’s energy industry. Today, ExxonMobil’s business portfolio spans the full spectrum of the industry, from gas marketing in upstream to downstream and chemicals. We operate primarily through ExxonMobil (China) Investment Co. Ltd., headquartered in Shanghai.
- Upstream:
- Signed long-term LNG sales and purchase agreements with PetroChina and Sinopec in 2009 to supply LNG from ExxonMobil’s equity share of the Gorgon Jansz LNG project in Australia and the PNG LNG project in Papua New Guinea, respectively.
- Downstream:
- Leading international lubricant marketer under the Mobil brand
- Operates two lubricant plants in China
- Operates Asia Products Technology Center at Shanghai Technology Center
- Chemical:
- Markets a variety of petrochemicals including polyolefins, intermediates, elastomers, butyl rubber and synthetics
- Opened Shanghai Technology Center in March 2011 to serve growing markets in China and the Asia-Pacific region with a major expansion completed in April 2018
- Integrated Downstream/Chemical development (Fujian ventures)
- Participated in China’s first fully integrated refining, petrochemicals and fuels marketing venture with foreign participation in 2007, along with Saudi Aramco, Sinopec and Fujian province.
- Chemical Major Growth Venture (MGV)
- Evaluating a potential multibillion dollar investment to build a world-scale chemical complex in Huizhou Dayawan Petrochemical Industrial Park, Guangdong Province.
We’re committed to investing in the locations in which we operate and in China, we support a variety of community activities, particularly in the areas of environment, health and education.
- For example, in partnership with Global Village of Beijing, we support projects on river ecological recovery and solid waste reduction in Shanghai. Since 2010, nearly 100 employees have contributed more than 1,500 hours to help restore a river habitat and raise awareness about the importance of preserving wetland ecology and biodiversity.
- ExxonMobil forged a partnership with Junior Achievement China in 2005. Cumulatively, ExxonMobil employees have donated more than 14,000 hours of volunteer service.