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Oil will continue to provide the largest share of the energy mix: essential for transportation and chemicals — supplying about 55 percent of the world’s energy needs through 2040.
ExxonMobil has a long history of research in the fundamental scientific and engineering principles required to develop oil and gas. Many conventional onshore oil fields are maturing. Meeting rising energy demand requires new production from less traditional resources, like oil sands. Most of the world’s remaining reserves are owned or controlled by national governments. Only a fraction of total global oil reserves are accessible for private sector investment, with most of these accessible reserves in Canada’s oil sands. Through the responsible development of its oil sands, Canada continues to play an increasingly important role in meeting rising global energy demand.
~95%of current transportation energy needs are met by oil
30% increasein global energy demand for transportation projected by 2040
Energy supply evolves to meet diverse demand
Global demand by fuel - quadrillion BTUs
Oil is a significant, secure energy resource and an engine for economic growth. ExxonMobil recognizes that with this opportunity comes significant responsibility — to maintain the strong balance between development and protection of the environment.
Oil Spill Response Field ManualThis manual provides general oil spill response principles. It is a collection of "Rules of Thumb" and checklists that provide quick access to the information needed when formulating response strategies.
Risk management Oct. 2, 2015PDF / 9.71 MB
The energy industry’s joint safety venture, Marine Well Containment Company (MWCC)In July 2010, Shell, Chevron, ConocoPhillips and ExxonMobil recognized the need to be better prepared for a deepwater well-control incident and committed to providing a new containment-response capability for the U.S. Gulf of Mexico. In turn, MWCC was formed and its Containment System provides operators in the deepwater U.S. Gulf of Mexico the well-containment technology and equipment necessary to mount an effective response to a subsea well-control incident.
Risk management Article • Sept. 12, 2018
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IRVING, Texas – ExxonMobil made a final investment decision for the Uaru development offshore Guyana after receiving required government and regulatory approvals. The company expects Uaru, the fifth project on Guyana’s offshore Stabroek block, to add approximately 250,000 barrels of daily capacity after a targeted startup in 2026.
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News News releases • June 9, 2021
Local leaders from Georgetown, Guyana, reflect on the sense of empowerment they’re experiencing and seeing in others.
Exploration Energy Factor • Sept. 8, 2020