Recent Posts
The right climate for natural gas
As we continue to debate policy options related to energy and the environment in the United States, a new study from the Massachusetts Institute of Technology offers a timely message about the growing importance of natural gas. To substantially curb carbon-dioxide (CO2) emissions through 2050, the study says, the lowest-cost policy option would lead to a shift toward natural gas, particularly for power generation.
Expanding supplies of natural gas
Articles in The New York Times, The Dallas Morning News and others have noted that ExxonMobil’s agreement with XTO Energy, completed last week, highlights the expanding role of natural gas in general, and supplies of so-called “unconventional” natural gas in particular. That’s true, for several reasons. But first, I’d like to point out that the term “unconventional gas” is often misunderstood.
Empowering women through technology
So far, I have focused a lot on safety and offshore drilling in this blog. Today, I’d like to discuss another important topic – empowering women in developing countries. Why does an energy company like ExxonMobil care about this? Contributing to social development in communities where we operate is an integral part of our corporate citizenship efforts.
Agreement with XTO finalized
We have just announced that ExxonMobil has completed its agreement with XTO Energy Inc., creating a new organization to focus on global development and production of unconventional resources. XTO stockholders approved the agreement at a special meeting held today in Fort Worth, Texas. The new organization will continue to be known as XTO Energy Inc. and will maintain its head office location in Fort Worth.
