ExxonMobil Announces Greenhouse Gas Reduction Measures
23 Mayo 2018 - 8:00AM
Business Wire
- Methane emissions to drop 15 percent,
flaring reduced by 25 percent by 2020
- Improving industry-leading energy
efficiency in refining and chemical manufacturing
ExxonMobil today announced greenhouse gas reduction measures
that are expected to lead to significant improvements in emissions
performance by 2020, including a 15 percent decrease in methane
emissions and a 25 percent reduction in flaring. The company also
announced its intention to improve its industry-leading energy
efficiency in refining and chemical manufacturing facilities.
ExxonMobil invests in lower-emission energy solutions such as
cogeneration, flare reduction, energy efficiency, biofuels, carbon
capture and storage and other technologies. ExxonMobil has spent
more than $9 billion on lower-emission energy solutions since
2000.
“We have a longstanding commitment to improve efficiency and
mitigate greenhouse gas emissions,” said Darren W. Woods, chairman
and chief executive officer. “Today’s announcement builds on that
commitment and will help further drive improvements in our
business.”
ExxonMobil is undertaking a number of initiatives to
significantly reduce methane emissions. XTO Energy’s
leak-detection-and-repair efforts and operational improvements at
U.S. production and midstream sites have reduced estimated methane
emissions across ExxonMobil operations by 2 percent in the past
year. Combined with additional measures outside the U.S. focused on
the most significant sources of methane, ExxonMobil expects to
achieve a 15 percent reduction of methane emissions by 2020
compared with 2016.
ExxonMobil is one of eight global energy companies that supports
guiding principles on methane reduction. The principles focus on
continually reducing methane emissions, advancing strong
performance across gas value chains, improving accuracy of methane
emissions data and advocating sound policies and regulations on
methane emissions. ExxonMobil is a founding member of the API’s
Environmental Partnership, which is focused initially on reducing
methane and volatile organic compound emissions.
Efforts associated with oil and gas production and processing
are expected to lower natural gas flaring across ExxonMobil
operations by about 25 percent by 2020 compared with 2016. The most
significant reductions are expected to occur in operations in West
Africa and include use of third-party infrastructure.
ExxonMobil is a charter member of the Global Gas Flaring
Reduction Public-Private Partnership, which is committed to
developing commercial opportunities to reduce flaring. The
partnership is comprised of oil-producing countries, international
and state-owned oil companies and the World Bank.
Further greenhouse-gas emissions reduction efforts will target
ExxonMobil’s global refining and chemicals manufacturing network
with the goal of improving existing industry-leading energy
efficiency performance.
ExxonMobil is the most energy efficient refining company in the
U.S. and internationally. The company has achieved a 10 percent
improvement in energy efficiency across its global refining
operations following an effort launched in 2000. ExxonMobil
refining operations ranked in the first quartile for energy
efficiency in every Solomon Refining Industry Survey over the past
decade. Advanced efficiency technologies and techniques have helped
ExxonMobil’s chemical business reduce its net greenhouse gas
emissions intensity by nearly 7 percent since 2013.
ExxonMobil remains committed to mitigating emissions from its
operations and helping consumers reduce their emissions, including
through efficient fuels, lubricants and lightweight plastics.
ExxonMobil continues to support research that leads to
technology breakthroughs and participates in constructive dialogue
on policy options.
About ExxonMobil
ExxonMobil, the largest publicly traded international oil and
gas company, uses technology and innovation to help meet the
world’s growing energy needs. ExxonMobil holds an industry-leading
inventory of resources, is one of the largest refiners and
marketers of petroleum products, and its chemical company is one of
the largest in the world. For more information, visit
www.exxonmobil.com or follow us on Twitter at
www.twitter.com/exxonmobil.
Cautionary Statement: Statements of future events or
conditions in this release are forward-looking statements. Actual
future results, including emission reductions, timing and costs;
efficiency gains; and impacts of technology could differ materially
depending on political or regulatory developments including changes
in environmental laws; technical or operating factors; timely
completion of planned projects; and other factors described under
the caption “Factors Affecting Future Results” on the Investors
page at exxonmobil.com.
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