ExxonMobil affiliate Esso Belgium, a division of ExxonMobil Petroleum & Chemical B.V.B.A., plans to invest more than $1 billion to install a new delayed coker unit at its Antwerp refinery to convert heavy, higher sulfur residual oils into transportation fuels products such as marine gasoil and diesel fuel.
Tag Archives: ExxonMobil
ExxonMobil Outlook for Energy: A View to 2040
By 2040, hybrids are expected to account for about 35% of the global light-duty vehicle fleet, up from less than 1% in 2010. Hybrids are expected to account for about half of global new-car sales by 2040.
Diesel to surpass natural gas as #1 fuel by 2020
Diesel is going to remain the “dominant” growth fuel in transportation on earth for several decades to come, according to U.S. and international energy and transportation experts.
ExxonMobil estimates that diesel will surpass natural gas as the number one global transportation fuel by 2020. Diesel demand will account for 70 percent of the growth in demand for all transportation fuels through the forecast period to 2040.
