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.
Trade in energy is an integral component of global commerce. In addition to oil, which is the most widely traded commodity, our company relies on open trade flows and supply chains to meet the increasing needs of...
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...
That is set to change this year. American Crude Oil Exports Late in 2015, Congress voted to end a four-decades-long ban on crude oil exports, and President Barack Obama subsequently signed the bill into law. While...
When it comes to exports of liquefied natural gas, U.S. law is crystal clear: The Natural Gas Act directs federal authorities to issue an order approving any application to import or export natural gas “unless,...
