Share Facebook backlink opens in a whole new window Twitter hyperlink opens in a fresh window Linkedin link opens in a brand new window 1 E mail link opens in a new window duplicate to clipboard shut Print ExxonMobil announces 2nd-quarter 2023 outcomes
The emission reduction consequence of these projects is matter to your timing and regulatory approval of essential permits, acquisition of legal rights of way, modifications in regulatory plan, provide chain disruptions, and various industry problems.
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When compared to a similar quarter final year, earnings greater by $254 million. Stronger completed lubes and basestock margins had been partly offset by reduced profits volumes.
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The many benefits of this process consist of increased efficiencies for the duration of processing, lowered paper use, a streamlined CBP inspection system for the touring public and minimized operating expenditures.
4Based on ExxonMobil's evaluation of historic marketplace commodity prices and margins referencing Intercontinental Exchange (ICE), S&P Global Platts, IHS Markit along with enterprise estimates and Evaluation, the second-quarter 2023 sector commodity price natural environment is akin to the next-quarter of 2018.
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Previously a world leader in carbon more info seize and storage (CCS), ExxonMobil expanded its position even more by moving into right into a definitive agreement to obtain Denbury Inc. The prepared acquisition supplies ExxonMobil with one of the most important owned and operated carbon dioxide (CO2) pipeline networks in the United States at one,300 miles, nearly all of which is located alongside the U.S. Gulf Coastline, considered one of the most important U.
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Decreased margins ended up partly offset by better volumes from the first comprehensive quarter in the Beaumont refinery enlargement, decrease scheduled maintenance, and continued strong trustworthiness.
5Subject to more financial commitment by ExxonMobil and permitting for carbon seize and storage tasks.
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