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ExxonMobil adds 2.7B barrels oil equivalent to reserves; replaces 183% of 2017 production

Green Car Congress

Exxon Mobil Corporation added 2.7 billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. billion oil-equivalent barrels at year-end 2017. ExxonMobil’s reserves life at current production rates is 14 years. ExxonMobil’s proved reserves totaled 21.2 Resource Base.

2017 186
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Fuji Heavy Industries to change company name to Subaru Corporation

Green Car Congress

the manufacturer of Subaru vehicles, will change its company name to Subaru Corporation with effect from 1 April 2017 (tentatively). For the fiscal year ending March 2017, Subaru projects its global vehicle sales to exceed one million units (1,050,000 units on a consolidated basis) for the first time in its history.

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Albemarle inaugurates new $500M lithium plant in Chile; doubling production and reducing water consumption by 30%/tonne

Green Car Congress

Albemarle Corporation, one of the largest lithium producers in the world and present in Chile for more than 40 years, inaugurated its third chemical conversion plant, La Negra III/IV, in Antofagasta, Chile, as one of the most modern chemical conversion plants in Latin America.

Chile 305
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Toshiba’s new large-scale production technology for electrolysis electrodes cuts iridium use to 1/10

Green Car Congress

Toshiba Corporation has developed large-scale production technology for electrolysis electrodes that realize high level efficiency in Power to Gas (P2G) technology while reducing the use of iridium, one of the world’s rarest precious metals, to 1/10. Practical application requires reduction of the iridium used.

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ExxonMobil announces 6th oil discovery offshore Guyana with Ranger-1; Guyana may move from non-producer to regional powerhouse

Oil (..)

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How Corporations Can Help the U.S. Reach its EV Goals

Clean Fleet Report

How Corporations Can Help the U.S. Reach its EV Goals A Look at the Pathway & Companies’ Role U.S. As of 2017 , commuting to and from work accounted for 30 percent of all miles of passenger travel driven at the local level in the U.S. News and World Report recently posed the question: will the U.S.

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Teijin joins AZL Partner Network for Lightweight Production Technology

Green Car Congress

Teijin has joined the AZL Partner Network for Lightweight Production Technology , a cross-industry network for joint business development and technology development organized by service and engineering provider AZL Aachen GmbH and involving nine institutes and some 80 companies in the field of lightweight production.