Energy efficiency improvements at ExxonMobil

In 2008, our operations consumed approximately 1.5 billion gigajoules of energy. By applying new energy-efficient technologies, we use less energy to run our business, extend the life of the world’s energy reserves, and reduce GHG emissions. Since 2004, we have invested more than $1.5 billion in activities to increase energy efficiency and reduce GHG emissions.

In the next few years, we plan on spending at least $500 million on additional energy efficiency initiatives.

In 2008, our energy efficiency performance in our refining and chemical operations was about even versus 2007, largely due to changes in plant operations. However, over the past several years, we have improved at a rate about two to three times faster than the industry. We remain on track to meet our target of improving energy efficiency across our worldwide refining and chemical operations by 10 percent between 2002 and 2012. This target is consistent with the American Petroleum Institute’s Voluntary Climate Challenge Program in the United States.

Reductions in CO2 Equivalents

Over the last seven years we have achieved real sustainable reductions of 7.5 million tonnes of CO2 equivalent (MteCO2e). In 2008 we reported 0.4MteCO2e of reductions, including for example, expansion of the use of ‘smart’ well automation to reduce venting and improved well completion procedures to reduce flaring at our Wamsutter natural gas operations in the US, which resulted in emissions being 48,000teCO2e lower than they would otherwise have been.

Source: www.exxonmobil.com