Rooted in science, innovation at ExxonMobil is sparked by thousands of engineers and scientists – including 2,500 PhDs – working to scale promising ideas into viable, industrial-grade products.
The dual challenge of meeting the world’s energy needs while lowering greenhouse gas emissions will continue long after economies restart, businesses reopen and travel resumes. ExxonMobil and its partners are...
Projections that the global middle class will increase by 1.7 billion people over the next two decades means a lot more energy will be needed in the years ahead to move planes, trains and automobiles.
In 2017, the world used 562 quadrillion BTUs of energy in the form of oil, natural gas, coal, nuclear and renewables. But most of us don’t understand how this statistic is reflected in what we do each day.
Access to reliable, affordable energy has completely transformed how people live, communicate, travel, conduct business, build infrastructure and so much more.
And in the coming decades, even more people will...
The map of the world doesn’t change much. We know Spain is still tucked between Portugal and France, and Canada remains fixed to the north of the United States. But, when it comes to new oil and gas discoveries,...
Projecting global energy trends almost 25 years into the future is a study of human potential: how it’s cultivated, or limited, by the resources available. There is no crystal ball that can predict breakthrough...
Twenty-five years ago there were only 10 urban areas in the world that could boast more than 10 million inhabitants. Now there are more than 35 so-called “megacities” worldwide, and by 2040 the United Nations...
One constant in the world of energy is that things never stay the same. So when we discuss the fuels and sources that power our lives, it’s worth keeping in mind that the energy mix isn’t set in stone....
It sounds like the stuff of movies and sci-fi novels, but in a small pilot lab in Clinton, New Jersey, an elite group of ExxonMobil engineers is developing gasoline of the future. Creating fuel for cars that...
True innovation takes time and is shaped by ubiquitous discoveries that ensure a constant stream of research that leads to transformative solutions. It is a considerable endeavor that requires diversity of...
In 2050, more than 65 percent of the world’s population will live in cities, according to the United Nations. Increased urbanization and growth of the middle class, particularly in China and India, will help...
One of the most hopeful demographic and economic trends we have seen in putting together ExxonMobil’s annual Outlook for Energy: A View to 2040 is the expansion around the world of the middle class. The numbers...
Since it opened in 1931, New York’s Empire State Building has enjoyed its share of superlatives. The tallest building in the world at the time it was built, the art deco gem was hailed as a triumph of modern...
Moore’s law, which stipulates a doubling of computer power every couple of years because of more efficient chips, doesn’t just drive the electronics industry. It’s also alive and well in the energy sector. It...