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

Green Car Congress

ExxonMobil and its partners started production of oil at the Liza field in December 2019, less than five years after the first discovery of hydrocarbons and years ahead of industry average. In the chemical business, long-term global fundamentals continue to support the company’s expansion projects throughout the US Gulf Coast and in Asia.

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

Green Car Congress

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. It will help slow global warming while also saving scarce natural resources.

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Study links PM2.5 pollution to increased risk of diabetes; even low levels pose risk

Green Car Congress

pollution—even at levels deemed safe—to an increased risk of diabetes globally. Our research shows a significant link between air pollution and diabetes globally. This is important because many industry lobbying groups argue that current levels are too stringent and should be relaxed. They also estimated that 8.2

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

Green Car Congress

Sustainable extraction of raw materials and conscious use of resources play a key role for our in-house component production and our global supplier network. The conditions under which the raw material bauxite is extracted by open cast mining and processed in countries like Australia, Brazil and Guinea are also important to the company.

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

Green Car Congress

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. Using technology we developed, we are now upgrading low-value product streams directly into higher-value base stocks and distillates—a first for our industry.

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

Green Car Congress

To this end, the GECF Secretary General reiterated the GECF’s readiness to support the Turkmen industry as it undergoes transformation on the back of the future energy trends, digitalization, and climate action.

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The Seabed Solution

Cars That Think

But after raising some US $686 million , building three large undersea drilling robots, and securing a license to mine the seabed off Papua New Guinea, Nautilus went bankrupt in November 2019. Humanity has begun insisting on greater sustainability in countless industries. When it ceased operations, it hadn’t mined any metal ore at all.