The outlook for energy is exxonmobil s longterm global view of energy demand and supply. Outlook for energy the outlook for energy is exxonmobil s latest view of energy demand and supply through 2040. Exxon mobil corporation declares first quarter dividend. Our employees thrive on change, new technology and. Exxonmobils energy outlook what the next 30 years will. Exxonmobils outlook for energy says all forms of energy. Presenting the outlook for energy were exxonmobil executives william colton, vice president, corporate strategic planning, and kenneth cohen, vice.
Exxon energy outlook what will the worlds energy picture look like in the future. The outlook for energy is exxonmobils longterm global view of energy demand and supply. Analysis of leading industry energy outlook reports 2018. Exxonmobil chemical provides the building blocks for a wide range of products, from packaging materials and plastic bottles to automobile bumpers, synthetic rubber, solvents and countless consumer goods. A view to 2040 nazeer bhore detroit automotive petroleum forum detroit, mi april 16, 2014 this presentation includes forwardlooki ng statements. Download the latest edition of the bp energy outlook, supporting resources or our country and regional insight factsheets. The reports highlight exxonmobil s analysis of 2 degree celsius 2oc scenarios and include sensitivity analyses on electric vehicle penetration and renewables deployment.
Aug 07, 20 as i mentioned, exxon mobil already predicts a 5. Global energy demand will rise 25 percent from 2014 to 2040, led by developing nations in asia, latin america. For many years the outlook has helped inform exxonmobil s longterm business strategies, investment plans and research programs. Its perhaps no surprise that the exxon outlook fails to mention that if energy demand were. Outlook for energy the outlook for energy is exxonmobils latest view of energy demand and supply through 2040. Irving, texasbusiness wirethe board of directors of exxon mobil corporation nyse.
The 2019 outlook for energy is exxonmobil s latest view of energy demand and supply through 2040. Energy outlook downloads and archive energy economics bp. The energy outlook explores the forces shaping the global energy transition out to 2040 and the key uncertainties surrounding that transition. Exxonmobils 2014 outlook for energy center for strategic. Global energy demand will be about 30% higher in 2040. Exxonmobil supports methane regulation staale gjervik. Exxon mobil option trader makes big bearish bet on more. This is an exciting time to be part of the worlds largest publicly traded energy.
The world energy outlook series is a leading source of strategic insight on the future of energy and energy related emissions, providing detailed scenarios that map out the consequences of different energy policy and investment choices. For many years the outlook for energy has helped inform exxonmobils longterm business strategies, investment plans, and research programs. We use the data and findings in the book to help guide our longterm investments. Our commitment to methane reduction wont change sara ortwein. A perspective to 2040 the outlook for energy includes exxon mobil corporations internal estimates of both historical levels and projectionsof challenging topics such as energy demand, supply, and trends. Sarah ladislaw, codirector and senior fellow in the energy and national security. Outlook for energy the outlook for energy adalah pandangan jangka panjang kami akan permintaan dan pasokan energi di dunia. As populations grow and gain greater access to energy, living standards around the world will rise. This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2019.
William bill colton, vice president of corporate strategic planning at exxonmobil corporation. It also highlights the dual challenge of ensuring the world has access to affordable and reliable energy supplies while reducing emissions to address the risk. The outlook for energy is exxonmobil s longrange forecast developed through datadriven analysis, reflecting broad knowledge of energy markets and the expertise of economists, engineers, and. It describes the steps we are taking to responsibly develop new resources to ensure the world has the energy it needs while also minimizing environmental impacts. We offer products and services to the thai and overseas market for both business and. Career and employment opportunties exxon and mobil. Presenting the outlook for energy were exxonmobil executives william colton, vice president, corporate strategic planning, and kenneth cohen, vice president, public and government affairs. Global fundamentals meeting growing demand 17 transportation 26 residential and commercial 32 industrial 40 electricity generation 10 16 introduction 5 the outlook for energy. The csis energy and national security program was pleased to host a public rollout of exxonmobils 20 outlook for energy. Longterm economic trends and demographic data were analyzed worldwide in an effort to find the answer to this question. If you are interested in receiving the latest news from the energy factor please sign up by providing your email address below. The forums scenarios are publicly available and are used for analytical purposes. The reports highlight exxonmobils analysis of 2 degree celsius 2oc scenarios and include sensitivity analyses on electric vehicle penetration and renewables deployment. The shell scenarios team brings together experts from an array of disciplines to understand versions of the future.
Gdpr permissions i request to receive from exxonmobil. Exxonmobil outlook for energy a view to 2040 by mr. A view to 2040 the outlook for energy is our longterm global view of energy demand and supply. These trends continue to pressure the companys credit metrics as captured in our negative outlook. Initially, exxon thought it could grow its output in this region up to 600,000 boed by 2025. A view to 2040 the outlook for energy is exxonmobils global view of energy demand and supply through 2040. Energy matters to everyone and we all play a role in shaping its future. May 16, 2017 exxonmobil outlook for energy a view to 2040 by mr. Exxonmobil s 2019 outlook for energy serves as the companys latest analysis on how the world will use energy, in all its forms, through 2040.
Hasilnya turut memandu investasi jangka panjang kami, dan pandangan ini kami bagikan untuk meningkatkan pemahaman mengenai berbagai hal. It shows how rising prosperity drives an increase in global energy demand and how that demand will be met over the coming decades through a diverse range of supplies including oil, gas, coal and renewables. Hasilnya turut memandu investasi jangka panjang kami, dan pandangan ini kami bagikan untuk meningkatkan pemahaman mengenai berbagai hal yang berkaitan dengan energi dunia di masa depan. Energy information administration eia official energy statistics from the u. A perspective to 2040 the 2019 outlook for energy is exxonmobils latest view of energy demand and supply through 2040. A view to 2040 the outlook for energy is exxonmobil s global view of energy demand and supply through 2040. Mr gardner delivered a presentation on this years update of exxonmobils outlook for energy. What does the exxon mobil energy outlook to 2040 tell us. The world cannot afford exxons outlook for the future. The combined talents of our diverse workforce make exxonmobil more competitive, more resilient and better able to navigate the complex and constantly changing global energy business. A perspective to 2040 the 2019 outlook for energy is exxonmobil s latest view of energy demand and supply through 2040. For many years the outlook has helped inform exxonmobils longterm business strategies, investment plans and research programs.
The outlook for energy, updated each year, is exxonmobils longterm global view of energy demand and supply. Exxonmobil outlook for energy a view to 2040 event. The outlook for energy is exxonmobils global view of energy demand and supply through 2040. This video provides a quick overview of the factors shaping the worlds energy future.
For many years the outlook for energy has helped inform exxonmobil s longterm business strategies, investment plans, and research programs. Exxon mobil stock is on a 9day losing streak barrons. We use our unique geoscience capabilities and understanding of the global hydrocarbon endowment to identify and prioritize all quality resources. The energy sector has been a disaster lately as evidenced by the miserly 4. The second driver of exxon s enhanced longterm outlook is the permian basin. This would promote greater energy efficiency and the use of todays lowercarbon options, avoid further burdening the economy, and also provide incentives for markets to develop additional lowcarbon energy solutions for the future. A view to 2040 to a distinguished audience of diplomats, representatives from the energy and finance sectors and academia. A booming middle class will increase demand for homes, transportation, electricity and consumer. Exxonmobil tackled this exact question in their 2018 outlook for energy publication full pdf.
The reports highlight exxonmobils analysis of 2 degree. Exxon mobil stock had fallen for nine days in a row as of mondays market close, the longest losing streak since a 10day drop in 2015. Get breaking news and analysis on exxon mobil corporation xom stock, price quote and chart, trading and investing tools. Dec, 2006 exxon mobil issues bullish outlook on hydrocarbon reserves, demand shawn mccarthy, globe and mail ottawa global oil and gas reserves are abundant, and even at lower prices companies could extract them profitably, exxon mobil corp. Irving, texasbusiness wirethe world will require all forms of energy over the next quarter century to meet a greater than onethird increase in demand that will be driven by population growth, improved living standards and expanded urbanization, according to exxonmobil s outlook for energy.
Yet exxon s new forecast is strikingly similar to the old one. A view to 2040 describes a rapidly growing global population and rise in living standards in developing countries that will drive a growth in worldwide energy. The outlook for energy provides exxonmobil s longterm view of global energy demand and supply. Jan 24, 2014 exxonmobils perspectives blog offers views on issues, policies, technologies and trends that are shaping the energy industry energy outlook exxonmobils perspectives blog exxonmobil perspectives. A view to 2040 takes a look into the future and finds that technology advancements over the next three decades will produce greater supplies of. Learn more about the history of esso thailand public company limited and other exxonmobil affiliates in thailand. Exxon is likely to focus on its 2018 capital program and how it will allocate its funds, said muhammed ghulam, an analyst with raymond james. Mr gardner delivered a presentation of exxonmobils outlook for energy. Exxons credit rating outlook lowered by moodys on cash. Exxonmobil and mosaic materials to explore new carbon. Exxonmobil is committed to doing our part to help society meet this dual challenge. The worlds largest company, exxonmobil, recently released its 51 page energy outlook up to 2040.
Working together to tackle climate risks darren woods. Exxonmobil on climate change and shareholder engagement neil hansen. We use the data and findings to help guide our longterm strategies and investments. Exxonmobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the worlds growing energy needs. Our greatest strength is the exceptional quality of our employees. Exxonmobil holds an industryleading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. Welcome to energy factor, an online resource covering the cuttingedge technology and innovations that are helping to meet tomorrows energy needs. See the 2019 outlook for energy for further details on the processes, challenges and assumptions underlying this analysis. Worldwide demand for natural gas will rise by 60% over the next 28 years.
Its perhaps no surprise that the exxon outlook fails to mention that if energy. Thirdparty scenarios discussed in this report reflect the modeling assumptions and outputs of their respective authors, not exxonmobil, and their use or inclusion herein is not an. Helping individuals, businesses and governments to better understand the elements that shape future energy supply and demand around the world is essential to aid investments and create effective energy policy. Exxonmobil outlook for energy bullish on future demand. Positioning for a lowercarbon future and its outlook for energy. The world cannot afford exxon s outlook for the future. Exxonmobils outlook for energy sees global increase in. Exxon hiked its dividend again in order to satisfy shareholders, but its share price. Energy and environment outlook for energy the outlook for energy is exxonmobils latest view of energy demand and supply through 2040.