|
(Arabian Oil and Gas) -- Exxon
Mobil Corporation continued to deliver industry-leading results in 2010 through
an integrated and disciplined business approach, and remains well-positioned to
meet growing long-term global energy and petrochemical demand, the company said
on Wednesday in its annual presentation to investment analysts at the New York
Stock Exchange.
Rex Tillerson, chairman and chief executive officer, said that ExxonMobil
expects global energy demand to increase by 35% by 2030, compared to 2005
levels, and demand for natural gas will make it the fastest growing major energy
source. To meet that demand, ExxonMobil will continue to invest through the
business cycle.
The volume of oil and natural gas produced by ExxonMobil is expected to
grow by between 3-4% in 2011 and by 4-5% per year, on average, between 2009 and
2014. Eleven major upstream project start-ups are planned between 2011 and 2013.
mrcplast.com
| 
