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For first time in almost 60 years, U.S. a net exporter of natural gas - Energy Factor

https://energyfactor.exxonmobil.com/perspectives/exporter-of-natural-gas

For first time in almost 60 years, U.S. a net exporter of natural gas. November statistics show something surprising:. The United States is a net exporter of natural gas. The nation’s 7.4 billion cubic feet a day in exports last month slightly exceeded an average of 7 billion cubic feet per day in imports. That’s significant for a couple reasons, not the least of which is that the last time the country was a net exporter of natural gas was. What a difference a few short years can make. Could create more ...

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Citizenship Archives - Energy Factor

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Learn about ExxonMobil’s commitment to communities around the world. Healthy women create healthy communities. Take their word for it. A couple of cadets, a couple of vets, a couple of engineers. Only in the dictionary does ‘success’ come before ‘work’. Safety can be sweet much like brown M&M’s. What do candy, a rock band and an energy company have in common? Protecting the animals may save the humans. Not your average summer camp. Rising above: Louisiana floodwaters no match for neighborly love.

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Seven things to know about the future of energy - Energy Factor

https://energyfactor.exxonmobil.com/perspectives/seven-things-know-future-energy

Seven things to know about the future of energy. The future will look different from the past and the present, but how exactly? The job of the department I head Corporate Strategic Planning. Is to forecast an answer to that question as accurately as we can. After all, our company makes long-term, multi-billion dollar investment decisions and needs to have as clear an understanding as possible of what the future may hold. On Friday, we published ExxonMobil’s. 2017 Outlook for Energy: A View to 2040. Techn...

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Focus on Technology: Reversing to move forward - Energy Factor

https://energyfactor.exxonmobil.com/perspectives/reversing-move-forward

Focus on Technology: Reversing to move forward. Last week you may have seen media coverage. About collaboration between researchers at ExxonMobil and the Georgia Institute of Technology. Their work together has led to a potential technology breakthrough that, if proven at scale, could reduce energy consumption in plastics manufacturing. The results of their research were published in the nation’s leading, peer-reviewed journal,. What might that mean? Chemical manufacturing as a whole is energy-intensive ...

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Factors defining our global energy landscape - Energy Factor

https://energyfactor.exxonmobil.com/news/energy-future

Factors defining our global energy landscape. As the world’s economy grows over the next 25 years, living standards will improve across the globe, requiring more energy and effective solutions to address the risk of climate change. New technologies that increase energy efficiency and expand affordable energy options will help address the dual challenge over the coming decades, according to ExxonMobil’s latest Outlook for Energy. The company’s long-range supply-and-demand forecast. Increasing energy effic...

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Building a connected future one digital step at a time - Energy Factor

https://energyfactor.exxonmobil.com/news/speedpass-app

Building a connected future one digital step at a time. The world is standing on the cusp of the connected vehicle revolution. While self-driving cars may not yet be ubiquitous, a host of recent developments suggest that in coming years we will look at human-driven cars with the same type of nostalgia we currently reserve for rotary phones. Check your fuel before you even enter your car. Have begun experimenting with driverless taxi and rideshare services, and Tesla. What we heard from consumers is that ...

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What’s behind the U.S. manufacturing renaissance? - Energy Factor

https://energyfactor.exxonmobil.com/perspectives/manufacturing-renaissance

What’s behind the U.S. manufacturing renaissance? The United States is experiencing a manufacturing boom led by the petrochemical industry, as I recently noted. More than $160 billion of chemicals investment has been announced. Much of it along the Gulf Coast, including a major ExxonMobil expansion. At our Baytown, TX, facility. These projects are translating into jobs, increased tax revenues, and more vibrant communities. So what’s responsible for this wave of economic activity? It’s a stunning reversal...

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ExxonMobil’s collegiate collaboration - Energy Factor

https://energyfactor.exxonmobil.com/perspectives/exxonmobil-collegiate-collaboration

You may have seen the announcements we made recently with two leading American universities about partnering to develop cutting-edge energy technologies. These partnerships complement ExxonMobil’s extensive research efforts. At the Massachusetts Institute of Technology, ExxonMobil has signed on as a member. Of the new low-carbon technology R&D program started by the university’s longstanding and much heralded Energy Initiative. As part of this partnership, last month we announced the selection. Of five s...

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Moore’s law is alive and well in the energy industry - Energy Factor

https://energyfactor.exxonmobil.com/news/cmist

Moore’s law is alive and well in the energy industry. 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 serves as an inspiration for innovators who are constantly looking at ways to scale down the footprint of the massive pieces of infrastructure that help supply the world with energy. Sign up for updates:. Thank you for subscribing. Thank you for ...

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A new age of energy options - Energy Factor

https://energyfactor.exxonmobil.com/news/energy-options

A new age of energy options. The industrial revolution was already in full swing in 1814 when self-taught mechanical engineer George Stephenson conducted the first practical demonstration of a steam locomotive. Stephenson’s engine, which ran on a track laid in England’s industrial heartland near the city of Newcastle, managed to haul eight wagons loaded with 30 tons of coal. Coal production surged 500 percent between 1700 and 1850. Century, oil accounted for 40 percent of the world’s energy mix. ExxonMob...