Article Nov. 14, 2018
Delivering the future of energy in Clinton
Article Nov. 14, 2018
Powering energy progress
ExxonMobil has remained a leader in energy technology throughout its 135-year history. With a commitment to fundamental science and innovation unmatched in our industry, we invest about $1 billion a year in research and development.
As we look at the energy landscape up to 2040 we’re seeing increasing energy demand in the form of more than 2 billion additional people worldwide. The challenge ExxonMobil now faces is improving access to energy for all of society while managing the risks involved in producing and using that energy. Technology has long played a role in meeting these dual objectives, and will be even more important in the years ahead as society looks to mitigate the risks of global climate change.
Today, much of this technology is developed in Clinton, New Jersey. The corporation's center for fundamental science innovation provides R&D support to ExxonMobil’s three main businesses: Downstream, Chemical and Upstream. It serves as home to more than 800 employees, including some of the world’s leading minds in their respective fields.
In Clinton, the process of guiding promising ideas from discovery to deployment of a commercially viable product involves long lead times and a significant investment of resources. Collaborations with the scientific community are critical. In addition to partnerships with a number of leading energy research firms, Clinton scientists and engineers currently work with more than 80 leading universities around the world, including renowned energy centers at the Massachusetts Institute of Technology, Stanford University, the Energy Institute Singapore and The University of Texas at Austin.
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