Funds to Be Distributed Through the Red Crescent
IRVING, Texas, Tuesday, August 31st 2010 [ME NewsWire]:
(BUSINESS WIRE)-- ExxonMobil Foundation has donated $100,000 to the Red Crescent for flood relief and recovery efforts in Pakistan, where the United Nations reports monsoon flooding has killed up to 1,600 people and left two million homeless.
“Our sincere thoughts are with the people of Pakistan where thousands have lost their lives and millions more have been impacted by this disaster,” said ExxonMobil Foundation President Suzanne McCarron. “It’s our hope that our support for Red Crescent’s efforts will help to address the needs of those affected by this tragedy.”
The donation will be distributed to the Red Crescent through the American Red Cross. ExxonMobil does not operate in Pakistan.
About ExxonMobil Foundation
ExxonMobil Foundation is the primary philanthropic arm of Exxon Mobil Corporation (NYSE:XOM) in the United States. The Foundation and the Corporation engage in a range of philanthropic activities that advance education, health and science in the communities where ExxonMobil has significant operations. In the United States, ExxonMobil supports initiatives to improve math and science education at the K-12 and higher education levels.
Globally, ExxonMobil provides funding to improve basic education, promote women as catalysts for development, and combat malaria and other infectious diseases in developing countries. In 2009, together with its employees and retirees, Exxon Mobil Corporation, its divisions and affiliates, and ExxonMobil Foundation provided $235 million in contributions worldwide, of which more than $98 million was dedicated to education. Additional information on ExxonMobil’s community partnerships and contributions programs is available at www.exxonmobil.com/community.
For media enquiries, please contact:
ExxonMobil
Media Relations, +1-972-444-1107
Showing posts with label ExxonMobil. Show all posts
Showing posts with label ExxonMobil. Show all posts
Tuesday, August 31, 2010
Tuesday, July 20, 2010
ExxonMobil Announces Multi-Year Supply Agreement With Caterpillar
FAIRFAX, Va., Tuesday, July 20th 2010 [ME NewsWire]:
* ExxonMobil is the exclusive supplier for 33 Caterpillar® lubricants
* Long-term cooperative research enables development of advanced lubricant technologies
* Lubricants offer highest performance while lowering operating costs for Caterpillar customers
(BUSINESS WIRE)-- As part of a multi-year agreement, ExxonMobil will manufacture and supply Caterpillar® branded lubricants to Caterpillar factories and dealers worldwide. With this agreement, ExxonMobil continues as the exclusive worldwide supplier for 33 Caterpillar® lubricants used in engines, transmissions, hydraulics and final drives.
Since 1987, when ExxonMobil began supplying private label lubricants to Caterpillar, the two companies have worked together on world-class product research. That research has resulted in the creation of lubricant technologies that work as a system with the machine and engine to provide the highest performance, while lowering the operating costs for Caterpillar customers. In addition, they provide sustainability-related benefits through extended oil drain intervals and protection of engine emission reduction systems.
“Through ongoing cooperative research, our teams have designed and produced lubricants that meet Caterpillar's high performance standards,” said Jim Hennessy, vice president of sales for ExxonMobil Lubricants & Specialties. “It’s a rigorous process: before these lubricants are manufactured, the products and performance specifications are tested and approved by Caterpillar. As part of our global relationship, a dedicated ExxonMobil support team provides technical and marketing training to Cat dealers and facilities worldwide.”
ExxonMobil and Caterpillar are already developing the next generation of lubricants and exploring technologies that will further help reduce emissions as well as extend component life.
About Exxon Mobil Corporation
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com.
About ExxonMobil Lubricants & Specialties
ExxonMobil Lubricants & Specialties is a leading marketer of finished lubricants, asphalts and specialty products, as well as the world’s No. 1 supplier of lube basestocks.
For media enquiries, please contact:
ExxonMobil
Kristen Hellmer,
703-846-4467
* ExxonMobil is the exclusive supplier for 33 Caterpillar® lubricants
* Long-term cooperative research enables development of advanced lubricant technologies
* Lubricants offer highest performance while lowering operating costs for Caterpillar customers
(BUSINESS WIRE)-- As part of a multi-year agreement, ExxonMobil will manufacture and supply Caterpillar® branded lubricants to Caterpillar factories and dealers worldwide. With this agreement, ExxonMobil continues as the exclusive worldwide supplier for 33 Caterpillar® lubricants used in engines, transmissions, hydraulics and final drives.
Since 1987, when ExxonMobil began supplying private label lubricants to Caterpillar, the two companies have worked together on world-class product research. That research has resulted in the creation of lubricant technologies that work as a system with the machine and engine to provide the highest performance, while lowering the operating costs for Caterpillar customers. In addition, they provide sustainability-related benefits through extended oil drain intervals and protection of engine emission reduction systems.
“Through ongoing cooperative research, our teams have designed and produced lubricants that meet Caterpillar's high performance standards,” said Jim Hennessy, vice president of sales for ExxonMobil Lubricants & Specialties. “It’s a rigorous process: before these lubricants are manufactured, the products and performance specifications are tested and approved by Caterpillar. As part of our global relationship, a dedicated ExxonMobil support team provides technical and marketing training to Cat dealers and facilities worldwide.”
ExxonMobil and Caterpillar are already developing the next generation of lubricants and exploring technologies that will further help reduce emissions as well as extend component life.
About Exxon Mobil Corporation
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com.
About ExxonMobil Lubricants & Specialties
ExxonMobil Lubricants & Specialties is a leading marketer of finished lubricants, asphalts and specialty products, as well as the world’s No. 1 supplier of lube basestocks.
For media enquiries, please contact:
ExxonMobil
Kristen Hellmer,
703-846-4467
Thursday, July 15, 2010
ExxonMobil and Synthetic Genomics Inc. Advance Algae Biofuels Program with New Greenhouse
LA JOLLA, Calif., Thursday, July 15th 2010 [ME NewsWire]:
Greenhouse Simulates Real-World Conditions for Research and Development
* Facility to support evaluation of most productive strains of algae and most efficient production methods
* Biofuel from algae could result in economically viable, low net carbon emission transportation fuel
* Next major milestone is outdoor test facility, expected in mid-2011
(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:XOM) and Synthetic Genomics Inc. (SGI) announced the opening of a greenhouse facility today enabling the next level of research and testing in their algae biofuels program.
The new facility, opened at a ceremony at SGI headquarters in La Jolla, CA, moves the project from a laboratory setting to an environment that better reflects real-world conditions for algae production. SGI and ExxonMobil researchers are using the facility to test whether large-scale quantities of affordable fuel can be produced from algae.
“This is an important day in the early stages of our development program as we test the hypothesis that algae biofuels could become commercially viable and make a meaningful contribution to meeting future energy demand,” said Dr. Emil Jacobs, vice president of research and development for ExxonMobil.
In the greenhouse facility, researchers from ExxonMobil and SGI will examine different growth systems for algae, such as open ponds and closed photobioreactors. They will evaluate various algae, including both natural and engineered strains, in these different growth systems under a wide range of conditions, including varying temperatures, light levels and nutrient concentrations. They will also conduct research into other aspects of the algae fuel production process, including harvesting and bio-oil recovery operations.
“The greenhouse is the next important step in our alliance as we comprehensively explore algae as a source of renewable biofuels. The team has already made great strides in evaluating various strains and growth conditions for algae and we are eager to continue and expand this important research as we plan for the next stages of scale up,” said J. Craig Venter, Ph.D., founder and CEO for SGI.
Since ExxonMobil and SGI announced the algae biofuel program last July, researchers have made substantial progress, including:
* Isolating and/or engineering a large number of candidate algal strains and developing growth conditions under which these strains could be made more productive;
* Identifying and testing some of the preferred design characteristics of the different production systems; and
* Initiating life cycle and sustainability studies to assess the impact of each step in the process on greenhouse gas emissions, land use and water use.
The next major milestone in the program, expected in mid-2011, is the opening of an outdoor test facility.
If research and development milestones are successfully met, ExxonMobil expects to spend more than $600 million on the algae biofuels program over the next decade, $300 million of which will be allocated to SGI.
Note to editors: For broadcast quality b-roll, please call 972-444-1107.
About ExxonMobil
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com.
Join the conversation at www.exxonmobil.com/blog or follow us on Twitter @ExxonMobil.
About Synthetic Genomics Inc.
SGI, a privately held company founded in 2005, is dedicated to developing and commercializing genomic-driven solutions to address global energy and environment challenges. Advances in synthetic genomics present limitless applications in a variety of product areas including: energy, chemicals and pharmaceuticals. The company's main research and business programs are focused on major bioenergy areas: designing advanced biofuels with superior properties compared to ethanol and biodiesel; harnessing photosynthetic organisms to produce value added products directly from sunlight and carbon dioxide; developing new biological solutions to increase production and/or recovery rates of subsurface hydrocarbons and developing high-yielding, more disease resistant and economic feedstocks. For more information, go to www.syntheticgenomics.com.
CAUTIONARY STATEMENT: Business plans and expectations discussed in this release are forward-looking statements. Actual future results, including program plans, expenditures and schedules, and the development and commercialization of new technology and biofuels could differ materially due to changes in market conditions; regulatory developments; technological developments; technical or operating factors; the outcome of commercial negotiations; and other factors discussed under the heading "Factors Affecting Future Results" in the "Investors" section of our website (www.exxonmobil.com) and in Item 1A of our most recent Form 10-K.
For media enquiries, please contact:
ExxonMobil
Cynthia Bergman,
972-444-1107
SGI
Heather Kowalski,
858-361-0466
Greenhouse Simulates Real-World Conditions for Research and Development
* Facility to support evaluation of most productive strains of algae and most efficient production methods
* Biofuel from algae could result in economically viable, low net carbon emission transportation fuel
* Next major milestone is outdoor test facility, expected in mid-2011
(BUSINESS WIRE)-- Exxon Mobil Corporation (NYSE:XOM) and Synthetic Genomics Inc. (SGI) announced the opening of a greenhouse facility today enabling the next level of research and testing in their algae biofuels program.
The new facility, opened at a ceremony at SGI headquarters in La Jolla, CA, moves the project from a laboratory setting to an environment that better reflects real-world conditions for algae production. SGI and ExxonMobil researchers are using the facility to test whether large-scale quantities of affordable fuel can be produced from algae.
“This is an important day in the early stages of our development program as we test the hypothesis that algae biofuels could become commercially viable and make a meaningful contribution to meeting future energy demand,” said Dr. Emil Jacobs, vice president of research and development for ExxonMobil.
In the greenhouse facility, researchers from ExxonMobil and SGI will examine different growth systems for algae, such as open ponds and closed photobioreactors. They will evaluate various algae, including both natural and engineered strains, in these different growth systems under a wide range of conditions, including varying temperatures, light levels and nutrient concentrations. They will also conduct research into other aspects of the algae fuel production process, including harvesting and bio-oil recovery operations.
“The greenhouse is the next important step in our alliance as we comprehensively explore algae as a source of renewable biofuels. The team has already made great strides in evaluating various strains and growth conditions for algae and we are eager to continue and expand this important research as we plan for the next stages of scale up,” said J. Craig Venter, Ph.D., founder and CEO for SGI.
Since ExxonMobil and SGI announced the algae biofuel program last July, researchers have made substantial progress, including:
* Isolating and/or engineering a large number of candidate algal strains and developing growth conditions under which these strains could be made more productive;
* Identifying and testing some of the preferred design characteristics of the different production systems; and
* Initiating life cycle and sustainability studies to assess the impact of each step in the process on greenhouse gas emissions, land use and water use.
The next major milestone in the program, expected in mid-2011, is the opening of an outdoor test facility.
If research and development milestones are successfully met, ExxonMobil expects to spend more than $600 million on the algae biofuels program over the next decade, $300 million of which will be allocated to SGI.
Note to editors: For broadcast quality b-roll, please call 972-444-1107.
About ExxonMobil
ExxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is the largest refiner and marketer of petroleum products, and its chemical company is one of the largest in the world. For more information, visit www.exxonmobil.com.
Join the conversation at www.exxonmobil.com/blog or follow us on Twitter @ExxonMobil.
About Synthetic Genomics Inc.
SGI, a privately held company founded in 2005, is dedicated to developing and commercializing genomic-driven solutions to address global energy and environment challenges. Advances in synthetic genomics present limitless applications in a variety of product areas including: energy, chemicals and pharmaceuticals. The company's main research and business programs are focused on major bioenergy areas: designing advanced biofuels with superior properties compared to ethanol and biodiesel; harnessing photosynthetic organisms to produce value added products directly from sunlight and carbon dioxide; developing new biological solutions to increase production and/or recovery rates of subsurface hydrocarbons and developing high-yielding, more disease resistant and economic feedstocks. For more information, go to www.syntheticgenomics.com.
CAUTIONARY STATEMENT: Business plans and expectations discussed in this release are forward-looking statements. Actual future results, including program plans, expenditures and schedules, and the development and commercialization of new technology and biofuels could differ materially due to changes in market conditions; regulatory developments; technological developments; technical or operating factors; the outcome of commercial negotiations; and other factors discussed under the heading "Factors Affecting Future Results" in the "Investors" section of our website (www.exxonmobil.com) and in Item 1A of our most recent Form 10-K.
For media enquiries, please contact:
ExxonMobil
Cynthia Bergman,
972-444-1107
SGI
Heather Kowalski,
858-361-0466
Subscribe to:
Posts (Atom)