ExxonMobil Corporation (NYSE: XOM) is the world's largest publicly traded petroleum and petrochemical company. An industry leader in almost every aspect of the energy and petrochemical business, we operate facilities or market products in most of the world’s countries. We employ more than 80,000 people in locations around the globe.
ExxonMobil maintains one of the industry’s largest research and development efforts, with an annual spend of over $700 million. We emphasize proprietary solutions that solve critical business challenges and pursue research into proprietary breakthrough technologies that will not only enhance existing businesses, but also provide step changes in ExxonMobil’s competitive position.
ExxonMobil is also committed to taking action to reduce greenhouse gas emissions, both in its current operations and over the longer term.
This includes investing in energy efficiency in our facilities, working with auto and engine makers on programs that could significantly reduce vehicle emissions, exploring new ways to produce hydrogen (for potential long-term applications ranging from on-board vehicles to retail stations and large production facilities), partnering with the European Union on groundbreaking research to reduce greenhouse gas emissions and supporting Stanford University’s GCEP program.