Climate solutions Energy and innovation Sustainability Operations News Investors About Global NEWSROOM News releases Stay up to date with the latest news from ExxonMobil. Members of the media can click here for a list of our global in-country media relations contacts. Subscribe to our news releases All news releases ExxonMobil announces corporate plans to 2027 – supports approximately doubling earnings and cash flow potential, reducing emissions IRVING, TEXAS – ExxonMobil said today it has finalized corporate plans, which increase spending to $15 billion on greenhouse gas emission-reduction projects over the next six years while maintaining disciplined capital investments in its industry-leading portfolio. The plans support the corporate strategy of continued structural cost savings, investment in low-cost-of-supply and lower-emission products, and further portfolio high-grading, positioning the company to double earnings and cash flow by 2027 versus 2019. Newsroom News • Dec. 1, 2021 Why we're investing $15 billion in a lower-carbon future At ExxonMobil, we develop and deploy solutions that meet society’s needs. Today, that means taking a leading role in providing the products that enable modern life, reducing carbon emissions and developing needed technologies to advance a lower-carbon emissions future. Newsroom News • Nov. 9, 2021 ExxonMobil and PETRONAS to study carbon capture and storage in Malaysia IRVING, Texas – ExxonMobil and PETRONAS, the state-owned energy company of Malaysia, have signed a Memorandum of Understanding (MoU) to collaborate and jointly explore potential carbon capture and storage projects in Malaysia. Newsroom News • Nov. 8, 2021 ExxonMobil to invest in petrochemical complex in China IRVING, Texas – ExxonMobil has made a final investment decision to proceed with a multi-billion dollar chemical complex in the Dayawan Petrochemical Industrial Park in Huizhou, Guangdong Province in China. The facility will help meet expected demand growth for performance chemical products in China. Newsroom News • Nov. 8, 2021 ExxonMobil and Pertamina to evaluate carbon capture and storage in Indonesia IRVING, Texas – ExxonMobil and Pertamina, the state-owned energy company for Indonesia, today signed a Memorandum of Understanding (MoU) to evaluate the potential for large-scale deployment of low-carbon technologies in Indonesia. The MoU was signed near Glasgow, Scotland, where world leaders have gathered to discuss climate policies during COP 26. Newsroom News • Nov. 2, 2021 LOAD MORE Careers Newsroom Investors Contact us Energy Factor Do not sell my personal information Privacy center Privacy policy Terms and conditions © Copyright 2003-2021 Exxon Mobil Corporation. All Rights Reserved. By clicking “Accept all cookies”, you agree to the storing of optional cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. If you wish to adjust your cookie settings, please click “Customize Cookies”. You can also learn more by clicking Privacy Policy Accept all cookies Customize cookies