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Oil Giant Exxon Mobil is Fighting for Its Green Economy Pivot
2021-11-11 19:33:06 来源:Daguan Keweiwei
According to foreign media, US oil giant Exxon Mobil is now fighting for its future. Over the summer, investors forced a change on Exxon's board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage.
Recently, Exxon Mobil announced a plan to increase the amount of carbon it captures from its refineries near Houston. The company says it has captured 40% of the world's captured carbon to date. However, another source states that Exxon Mobil may be capturing less than 1% of its own annual emissions on a rolling basis.
The company said during an interview that it will try to flatten its production of fossil fuels through 2025, depending on market conditions. More changes could come as regulators around the world zero in on climate.
About Exxon Mobil
Exxon Mobil Corporation, or Exxon Mobil for short, is an American multinational oil and gas company headquartered in Irvine, Texas. This is the largest direct descendant of John D. Rockefeller’s Standard Oil Company, and was formed on November 30, 1999 by the merger of Exxon (formerly New Jersey Standard Oil Company) and Mobil (formerly Standard Oil New York Company) ). The main brands of ExxonMobil are ExxonMobil, Esso and ExxonMobil Chemical. Exxon Mobil was incorporated in New Jersey.
On the ranking of “The First Daguan·Keweiwei World Brand Value Top 900" released on March 14, 2021, Facebook's brand value was 1326.15 billion RMB, ranking the 237th.
作者:Nan
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