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The following article and embedded video is published on Energy Factor Europe.

Header image:

 

TITLE: R&D: The Tech We’re Developing To Lower Emissions

We sat down with ExxonMobil’s Vice President of Research and Development (R&D), Dr Vijay Swarup, to ask him where the company is focusing global R&D efforts on our mission to solve the dual challenge.

Vijay was visiting Europe to collaborate with legislators, academics and scientists, including our European R&D team, on a variety of projects.

Keep scrolling to find out where we are in the race to develop crucial technologies for our energy future – like biofuels and carbon capture and storage (CCS) – and why ExxonMobil is well placed to make these ideas a scalable reality.

Pressed for time? You can watch five key takeaways from Vijay’s interview here:

‘5 KEY TAKEAWAYS’ FILM EMBEDDED IN ARTICLE

High on ExxonMobil’s R&D agenda is the development of cellulosic and algae biofuel. Vijay stressed that electric vehicles have got a big role to play in the future of transportation, but there are certain vehicles that will require the energy density that we believe can be delivered by low emissions biofuels – such as airplanes, trucks and ships.

Find out what Vijay had to say about the biofuels we’re working on in the clip below:

‘BIOFUELS’ INTERVIEW CLIP EMBEDDED IN ARTICLE

Another technology we’re working on is carbon capture and storage (CCS, known in the scientific community as ‘carbon capture and sequestration’). There are several ways of going about capturing CO2 – from filtering it out of chimneys at industrial facilities, to sucking it out of the air with a special facility that can be located in many different places.


Whichever technology (or technologies) we might ultimately use to deploying CCS, it’s a vital step on the pathway to reducing emissions. The International Energy Agency agrees and it’s an opinion shared by many others.

Vijay updated us on the different kinds of CCS tech we’re working on:

‘CCS’ INTERVIEW CLIP EMBEDDED IN ARTICLE

The nations of Europe have set ambitious targets for reducing CO2 emissions and it’s a development Vijay welcomed. “From a tech perspective, lofty ambitions are a key component,” he said. “Ambition is going to be the catalyst for innovation.”

To achieve the goals that have been set, it’s going to take a collaboration between policy, infrastructure and technology. And it’s when these three things work together that great opportunities to make progress appear.

In part three of Vijay’s interview, he finished our discussion by giving us an example of just such an opportunity – the PORTHOS CCS project in the Dutch Port of Rotterdam – and telling us what he thinks is the key to successful research:

‘What Drives Good Research?’ CLIP EMBEDDED IN ARTICLE


Important Additional Information Regarding Proxy Solicitation

Exxon Mobil Corporation (“ExxonMobil”) has filed a definitive proxy statement and form of associated BLUE proxy card with the U.S. Securities and Exchange Commission (the “SEC”) in connection with the solicitation of proxies for ExxonMobil’s 2021 Annual Meeting (the “Proxy Statement”). ExxonMobil, its directors and certain of its executive officers will be participants in the solicitation of proxies from shareholders in respect of the 2021 Annual Meeting. Information regarding the names of ExxonMobil’s directors and executive officers and their respective interests in ExxonMobil by security holdings or otherwise is set forth in the Proxy Statement. To the extent holdings of such participants in ExxonMobil’s securities are not reported, or have changed since the amounts described, in the Proxy Statement, such changes have been reflected on Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC. Details concerning the nominees of ExxonMobil’s Board of Directors for election at the 2021 Annual Meeting are included in the Proxy Statement. BEFORE MAKING ANY VOTING DECISION, INVESTORS AND SHAREHOLDERS OF THE COMPANY ARE URGED TO READ ALL RELEVANT DOCUMENTS FILED WITH OR FURNISHED TO THE SEC, INCLUDING THE COMPANY’S DEFINITIVE PROXY STATEMENT AND ANY SUPPLEMENTS THERETO AND ACCOMPANYING BLUE PROXY CARD, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. Investors and shareholders can obtain a copy of the Proxy Statement and other relevant documents filed by ExxonMobil free of charge from the SEC’s website, www.sec.gov. ExxonMobil’s shareholders can also obtain, without charge, a copy of the Proxy Statement and other relevant filed documents by directing a request by mail to ExxonMobil Shareholder Services at 5959 Las Colinas Boulevard, Irving, Texas, 75039-2298 or at shareholderrelations@exxonmobil.com or from the investor relations section of ExxonMobil’s website, www.exxonmobil.com/investor.