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

Green Car Congress

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.

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GE study finds 5% of worlds natural gas production wasted per year by flaring

Green Car Congress

Gas-flaring countries and trends. A newly released GE study — Flare Gas Reduction: Recent Global Trends and Policy Considerations —estimates that 5% of the world’s natural gas production is wasted by burning or “flaring” unused gas each year, despite some progress on the flaring issue. Click to enlarge.

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RAND reports suggest US DoD use less petroleum fuel to deal with high prices, not count on alternatives

Green Car Congress

However, the US military can play an important role in promoting stability in major oil producing regions and by helping protect the flow of energy through major transit corridors and on the high seas, the reports suggest. Alternative liquid fuels do not offer DoD a way to appreciably reduce fuel costs. —Bartis 2012.

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

Green Car Congress

billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. In Mozambique, ExxonMobil acquired a 25% indirect interest in Area 4, which contains an estimated 85 trillion gross cubic feet of natural gas in-place. Exxon Mobil Corporation added 2.7 ExxonMobil’s proved reserves totaled 21.2

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Transport Ministers endorse 2009 MPG Marathon in Coventry

Green Cars News

Both Ministers have sent letters of support for the annual two-day driving experiment, now in its 7th year, which is set to prove that motorists can save hundreds of pounds per year on their fuel bills irrespective of volatile pump prices. The event, which is supported by Act on CO2 and the Energy Saving Trust, will take place over two days.

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