Recent Posts
IEA’s “Golden Rules” report sees a golden opportunity in shale gas
Are we living at a historic moment in the evolution of energy markets? The vast amount of natural gas in the United States and around the world now within our industry’s reach – thanks to advances in technologies used to produce energy from shale and other “unconventional” resources – suggests the beginning of a new era in the production of cleaner-burning natural gas. Yet even as development proceeds in the United States, the world’s response to this moment of opportunity is not certain. The International Energy Agency (IEA) has also recognized this pivotal moment. In a new report, the IEA spelled out the future implications if we take full advantage of this new energy opportunity – as well as what might happen if we don’t.
In Pennsylvania, a shipyard is back to life due to U.S. energy development
Last fall, I wrote about how U.S. energy development is creating jobs in places you might not expect – such as in the Aker shipyard in Philadelphia. In September, ExxonMobil affiliate SeaRiver Maritime signed an agreement with Aker to build two new Liberty Class tankers. Last week, the Philadelphia Inquirer looked into what this new business means for the shipyard, which was on the brink of closing just a year ago.
Greater U.S. shale gas production helps deliver a drop in U.S. carbon dioxide emissions
Americans have seen numerous benefits flow from increased production of natural gas from shale and other unconventional sources – from more jobs to greater revenue and economic activity. But the benefits of shale gas development are not only economic – they are environmental as well, as findings from the International Energy Agency confirm. According to the IEA, greater use of natural gas instead of coal in the United States has contributed to a significant drop in overall U.S. carbon dioxide emissions.
Download the free ExxonMobil app for iPad®
If you’re looking to find news and information about ExxonMobil – or to learn more about the energy industry in general – take a look at ExxonMobil’s new app for iPad®. Released today, the free ExxonMobil app is where you will find our latest publications, videos and interactive content. You can download it to your iPad at Apple’s App Store℠.
