Developing solutions that reduce greenhouse gas emissions for customers Over the next few decades, population and income growth — and an unprecedented expansion of the global middle class — are expected to create new demands for energy. Meeting these demands will not just require more energy, but will also require energy to be used more efficiently across all sectors. While ExxonMobil strives to improve efficiency throughout our own operations, we are also delivering solutions that enable our customers to reduce their own emissions and improve their own energy efficiency as well as increase reliability, performance and longevity of the associated products. These solutions can be characterized as:
XTO Energy operations in the Marcellus Shale region of eastern United States.
• Expanding the supply of cleaner-burning natural gas to reduce emissions in power generation;
In 2015, the Center for Liquefied Natural Gas released a technical study that compares the differences between life cycle greenhouse gas emissions from power generation fueled by U.S.-exported LNG versus that of coal in Germany, Japan, South Korea, China and India. The study analyzed emissions during each stage of the LNG life cycle process — from wellhead to power generation — and found that life cycle greenhouse gas emissions from coal were about twice as high as emissions from U.S.-produced LNG in these markets, which demonstrates the long-term potential benefits of LNG use in these markets.
global resource. By converting natural gas into LNG, it can be delivered via tanker from distant production areas to intended markets. Given its flexibility, environmental benefits and large resource base, LNG is a natural choice to help meet the world’s growing energy needs. ExxonMobil’s experience spans across the entire LNG value chain, including Upstream development, pipelines, liquefaction plants, shipping and regasification terminals. Our ability to successfully link these complex elements distinguishes us from our competitors and enables us to provide a reliable gas supply to buyers and end users. Premium fuels and lubricants ExxonMobil produces fuels and lubricants that deliver higher vehicle efficiency and lower emissions. In addition, we continue working on research and development of new fuels and lubricants. Our extensive family of high- performance lubricants includes synthetic lubricants that have sustainable customer benefits, such as longer drain intervals than conventional mineral oils, meaning they can be replaced with less frequency, therefore reducing the volume of used oil for disposal or recycle. In addition, extending lubrication service intervals increases efficiency
• Developing premium, high-efficiency fuels and lubricants; and
• Creating innovative chemical materials that can be applied in a range of consumer products.
Cleaner-burning natural gas One of the greatest opportunities for society to reduce greenhouse gas emissions is through the use of natural gas in power generation. Natural gas is a flexible, abundant and low- emissions fuel that is available across the globe. On a life cycle basis, from extraction through electricity consumption, using natural gas emits up to 60 percent fewer greenhouse gas emissions than coal. It is also the ideal partner for intermittent renewable energy sources, such as solar or wind, as it can provide reliable power when these renewable sources are not available. As the world moves toward a lower greenhouse gas emissions-intensive energy mix over the coming decades, natural gas will be one of the most important fuels to enable reductions in greenhouse gas emissions.
LNG and coal life cycle assessment of greenhouse gas emissions
Since our merger with XTO Energy in 2010, ExxonMobil has become one of the largest natural gas producers in the world. Coupled with our leadership in the development and production of LNG, ExxonMobil is well-positioned to meet growing demand for this cleaner-burning energy source.
Advances in technology have made it economically viable to ship natural gas all over the world, making it a truly
Managing climate change risks exxonmobil.com/citizenship
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