The Outlook for Energy: A View to 2040
Energy, in all its forms, is critical to economic growth, development and social welfare. From the most modern cities to the smallest communities in the developing world, reliable access to affordable energy is necessary to drive long-term economic and social progress. Global energy demand is expected to increase by approximately 30 percent in 2040, driving communities across the globe to focus on energy efficiency and greater diversification of energy supplies. This presentation will provide a long-term view of the world’s energy future over the next three decades, highlighting changes in global demand, and how that demand will be met by various energy sources including natural gas, which is predicted to be the world’s fastest-growing major energy source in future years. The presentation will also provide a special focus on energy demand within the residential, transportation, industrial and electricity generation sectors.
Jason discussed this year’s key findings and projections including - efficiency continues to play a key role in solving energy challenges; energy demand in developing nations (Non OECD) will rise 65 percent by 2040 compared to 2010, reflecting growing prosperity and expanding economies and greater demand for electricity; growth in transportation sector led by expanding commercial activity; technology enabling the safe development of once hard-to-produce energy resources, significantly expanding available supplies to meet the world’s changing energy needs. Oil will remain the No. 1 global fuel, while natural gas will overtake coal for the No. 2 spot; evolving demand and supply patterns will open the door for increased global trade opportunities.
When: December 11th
Where: Boulevard Woodgrill, Clarendon (Arlington)
Jason Pettrey, ExxonMobil Refining and Supply Company
December 11th - Energy Outlook: A View to 2040
Corporate Citizenship: Our Performance, Our Commitments
With nearly 80,000 employees and operations or marketing activities on six continents, ExxonMobil provides energy and petrochemical products to hundreds of millions of people every day. This is an important role that, without the support and trust of the public, cannot be accomplished. This presentation details our commitment to operating in an environmentally, socially and economically responsible manner, across the globe and in every operation. It does so by focusing on the six key areas of our corporate citizenship activities: safety, health and the workplace; environmental performance; managing climate change risks; economic development; community engagement and human rights; and corporate governance. The presentation looks at each area in detail, and highlights our work to reduce emissions at our operations, ensure safe working environments, support industry transparency initiatives, stop the spread of malaria in Africa, and significantly improve math and science education in America’s schools.
Energy in the 21st Century
Energy-related issues have dominated media coverage in recent months. Whether it is a debate about increasing access to supplies, energy security, industry earnings, climate change, the challenge of meeting higher demand or questions about gas prices, no global industry generates more discussion than energy. This presentation tackles many of the hot-button issues currently on the minds of people across the globe. It begins with a discussion of the global market, including supply/demand issues and the important role governments play in ensuring the market functions properly. From there, we explore the key role of technology in meeting growing energy needs – from ones that enhance our ability to find, develop and deliver new supplies to others that increase the efficiency and lower emissions in vehicles, including hybrids. It looks at the role of alternatives in helping meet energy demand and the important issue of climate change, including an exploration into some of the breakthrough research ExxonMobil is leading to tackle this issue head on. The presentation concludes with a primer on gasoline prices and industry profits.
Fuels & Gasoline
We rely on gasoline every day. We expect it to always be available, and we expect it to be a good value. But where does it come from? How does it get to our service stations? How much does it cost and why does the price fluctuate? What does the future of fuel, engine and vehicle technology look like and what is ExxonMobil’s role in the development of that technology? This informative presentation addresses these questions in layman’s terms and provides a historical perspective on how oil is found, transported, refined and delivered.
Partner of Choice
Today a greater number of significant new oil and gas resources are in remote areas and challenging operating environments; major projects are more capital intensive; and operating complexity places even greater emphasis on execution excellence. What remains unchanged is ExxonMobil’s long-term perspective, disciplined approach to investment, technology leadership and focus on world-class operational performance. This presentation looks at what makes ExxonMobil the partner of choice for governments and resource owners across the globe.
The Energy Imperative
The world is presented with two key energy challenges: providing the affordable, reliable supplies of energy needed for continued economic growth and human progress while also taking meaningful actions to mitigate carbon dioxide emissions associated with energy use. Given that global energy demand in 2040 will be about 30 percent higher than it was in 2010 (even with significant gains in energy efficiency), this presentation looks at how we – individuals, corporations and nations – can meet these challenges through an integrated set of solutions. This set of solutions includes three key elements: accele and developing and deploying technology to help mitigate the growth of emissions associated with energy use.
This is ExxonMobil
As the world’s largest publicly-traded international oil and gas company, with nearly 80,000 employees and operations or marketing activities on six continents, ExxonMobil works every day to find, develop and deliver new supplies of energy to meet growing demand across the globe. This presentation looks at that growing demand, and how we are well positioned to meet it through our Upstream, Downstream and Chemical operations. It explores the critical role of technology and our workforce in meeting the world’s energy needs throughout our over 125-year history, and concludes with a discussion of our commitment to operating as a responsible corporate citizen around the world.