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ExxonMobil evaluating significant near-term capital and operating expense reductions; COVID-19

Green Car Congress

The company is closely monitoring the COVID-19 pandemic and has adjusted work arrangements to ensure a healthy work environment and support communities where it operates. For 2020, the company anticipated an investment level of up to $33 billion, depending on the progress of individual projects. million net acres.

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BMW Group Plant Landshut light metal foundry recertified by Aluminum Stewardship Initiative (ASI)

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The auditing criteria require evidence of material stewardship, such as a holistic lifecycle analysis for the company’s own products and a comprehensive recycling strategy, as well as compliance with standards for transparency, overall management and corporate integrity.

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Glencore to pay >$1.1B to resolve government’s investigation into bribery and commodity and price manipulation

Green Car Congress

million in payments to be made to intermediary companies in order to secure improper advantages to obtain and retain business with state-owned and state-controlled entities in West Africa, including Nigeria, Cameroon, Ivory Coast, and Equatorial Guinea. Glencore also admitted to bribery of officials in Brazil and Venezuela.

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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

Green Car Congress

In Brazil, the company has acquired 2.3 In Brazil, the company has acquired 2.3 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. billion barrels of discovered recoverable resource. —Darren Woods.

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GECF: more than a quarter of 2050 natural gas supply untapped

Green Car Congress

According to the latest available figures from the GECF Global Gas Outlook 2050, natural gas production in the Central Asian Republic is set to increase by 78% to reach the level of more than 141 billion cubic metres (bcm) by 2050, at a remarkable annual growth rate of 1.9%.

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The Seabed Solution

Cars That Think

Later this year, as David Schneider notes in “ Deep-sea Mining Stirs Up Muddy Questions ,” a Canadian firm called the Metals Company (formerly DeepGreen Metals) plans to begin testing a nodule-collecting system comprising a seafloor robotic collector vehicle connected to a mammoth surface support ship.