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company profile
ExxonMobil is the world’s largest publicly traded integrated petroleum and natural gas company. Our company and its affiliates are present on a global scale.
We operate facilities and market products around the world, and explore for oil and natural gas on six continents. We lead the industry in almost every aspect of the energy and petrochemical business.
To help meet the world’s growing energy needs, ExxonMobil is involved in the exploration and production of crude oil and natural gas; the manufacture of petroleum products; and the transportation and sale of crude oil, natural gas, and petroleum products. We are a major manufacturer and marketer of commodity and specialty petrochemicals and have interests in electric power generation facilities. Our extensive research programs support operations, enable continuous improvement in each of these businesses, and explore emerging energy sources and technologies.
Upstream
ExxonMobil’s asset base is large, geographically diverse, and economically robust across a range of business environments. The company holds exploration and production acreage in 36 countries and production operations in 24 countries around the world. In 2007, seven major upstream projects started production. ExxonMobil sells natural gas in almost all major and developing markets to power companies, industrial users, and distributors. Total 2007 oil and gas production available for sale averaged 4.2 million oil-equivalent barrels per day.
Downstream
ExxonMobil’s network of reliable and efficient manufacturing plants, transportation systems, and distribution centers provides clean fuels, lubricants, and other high-value products and feedstocks to customers around the world. ExxonMobil has interests in 38 refineries located in 21 countries and markets its products through more than 32,000 retail service stations. Our products and services are also provided to nearly 1 million customers worldwide through our three business-to-business segments—Industrial and Wholesale, Aviation, and Marine. In 2007, refinery throughput averaged 5.6 million barrels per day, and petroleum product sales were 7.1 million barrels per day. ExxonMobil is the world’s No. 1 supplier of lube basestocks and a leader in marketing finished lubricants, asphalt, and specialty products. Worldwide, we market products under the Exxon, Mobil, and Esso brands.
Chemical
ExxonMobil is a leader in the petrochemical industry with interest in 49 wholly owned and joint-venture facilities around the world. We hold strong positions in many of the largest-volume and highest-growth petrochemicals in the global economy. The company is one of the largest producers of olefins, the basic petrochemical building block. We are also one of the largest producers of polyolefins, which include polyethylene, the largest-volume plastic, and polypropylene, one of the fastest-growing polymers. More than 90 percent of chemical capacity is employed in businesses where we rank first or second in worldwide market position.
Technology
Many oil and gas resources are found in remote areas with difficult operating environments. The complexity of these environments places greater emphasis on technological innovation. Over the past five years, ExxonMobil has invested about $3.5 billion in research. As new technologies are developed, our global functional organization enables rapid deployment and value capture. We have remained an industry leader in technology by focusing on both breakthrough concepts and process modifications that enhance performance across our business lines.
