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The thoughts, experiences and ideas fueling our progress in technology and innovation

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Keeping the world moving: Navigating lubricant supply through global disruption
  • Unprecedented shocks to premium base oil supply from the Middle East are straining the global lubricants value chain, creating challenges for industries and consumers that depend on essential products like Mobil 1™ synthetic motor oil.
  • We are responding with innovation and flexibility—leveraging our integrated global base oil manufacturing assets, our lubricant reformulation capabilities, and diversified sourcing to keep supply moving while maintaining the high-performance quality our products are known for.
  • With more than 150 years of experience and ongoing investments in base oil capacity through the Baytown reconfiguration project and more, ExxonMobil remains a steady partner in uncertain times.
The looming crisis putting Europe’s energy security at risk
  • New methane rules mean the EU risks losing up to 43 percent of its natural gas and up to 87 percent of its oil supply.1
  • With a smaller proportion of oil and gas supplies likely to be compliant, less availability means risk of higher prices for households and businesses alike.
  • The EU must allow more time to fix the issue and prevent severe market and supply disruptions.
Saving Europe’s Core Industries: Cut the Red Tape
  • Europe's petrochemical sector is on life support. Site closures are accelerating, with tens of thousands of jobs lost. And this erosion extends well beyond these sectors.
  • ExxonMobil has been part of Europe's progress for more than 135 years and wants to be part of the solution.
  • The urgency is real because European policy is preventing, not enabling, investment. The policy framework must offer a realistic business case that makes sense.
2025: Taking carbon capture and storage from momentum to impact
  • We started up our first commercial CCS operation in 2025 with CF Industries in Louisiana.
  • Our CCS portfolio spans multiple industries, with three projects expected to come online in 2026. 
  • We are targeting a final investment decision on our first Low Carbon Data Center by late this year.
Europe’s industrial future is under threat – but policy reform can change that
  • The European Union’s (EU) Corporate Sustainability Due Diligence Directive (CSDDD) imposes unrealistic burdens on companies, discouraging investment and innovation.
  • Current EU policy on advanced (also known as chemical) recycling undermines proven solutions to plastic waste, halts major investment in the region, and jeopardizes the EU’s ability to meet its plastic waste reduction targets.
  • Without urgent regulatory reform, companies may be forced to scale back or cease operations in the EU, weakening Europe’s industrial base and slowing progress on decarbonization and economic security.