Exxon Mobil Corp. (XOM): Taking on the World’s Toughest Energy Challenges
Energy is crucial to economic growth, development and social welfare. Both modern cities and small communities in developing countries depend on reliable access to energy for long-term economic and social progress. Currently the world uses about 245 million barrels per day of oil-equivalent energy. By 2030 the demand is expected to be 35 percent greater, even with gains in energy efficiency. Meeting this demand consistently in order to sustain global growth is a major priority of Exxon Mobil. Today, the world’s energy challenge is multidimensional involving a unique combination of factors, including science, technology, economics and politics. The company is…