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ExxonMobil ships first LNG cargo from $19B PNG LNG project ahead of schedule; serving China and Japan

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Production from the first train started in April and production from the second train has also started as additional wells came online. Construction of PNG LNG in Papua New Guinea began in 2010, and took more than 190 million work hours to complete. (Sinopec); Tokyo Electric Power Co. TEPCO); Osaka Gas Co.

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

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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. Production in Guyana is expected to reach more than 750,000 gross barrels of oil per day by 2025.

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

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billion oil-equivalent barrels of proved oil and gas reserves in 2017, replacing 183% of production. ExxonMobil’s reserves life at current production rates is 14 years. Production from Liza Phase 1 is expected to begin by 2020, less than five years after discovery. Exxon Mobil Corporation added 2.7 Resource Base.

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

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During the meeting, Woods highlighted progress on major upstream projects that are expected to help increase production to about 5 million oil-equivalent barrels per day by 2025. Those projects include plans to increase production in the Permian Basin to 1 million oil-equivalent barrels per day by 2024. —Darren Woods.

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

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In diabetes, pollution is thought to reduce insulin production and trigger inflammation, preventing the body from converting blood glucose into energy that the body needs to maintain health. million new diabetes cases globally in 2016—about 14% of all new diabetes cases globally that year. In the US, the EPA’s PM 2.5

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Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

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The project is slated to be the first plant in the US to produce Fischer-Tropsch GTL transportation fuels and other products from natural gas, according to Sasol. High temperature iron, for Secunda fuels and chemicals production. The majority of the scenarios suggest an at least neutral if not positive GHG performance (i.e.

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