ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture
Green Car Congress
MAY 30, 2019
ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. In Papua New Guinea, the company is planning a three-train liquefied natural gas expansion as it continues to explore for gas in the country’s Highlands region.