ExxonMobil Low Carbon Solutions

Onboarding: The next generation of Low Carbon Solutions talent This is an ongoing series where we’ll meet some of the new talent who joined Low Carbon Solutions over the past year. We’ll learn about what motivates them to work in the energy transition and get a glimpse into their new roles. First up is Abhinav Charan, head of commercial optimization in CCS. His current role in one sentence: He helps optimize the CCS ecosystem in the U.S. Gulf Coast. Why he chose Low Carbon Solutions: “It’s a once-in-a-lifetime opportunity to come to an organization that has the wherewithal and the capabilities to really drive the energy transition, build a compelling new business, and frankly, drive market creation. It’s truly exciting to be in the middle of the action and help shape the energy transition story as it unfolds.” Abhinav’s view on the CCS ecosystem in the U.S. Gulf Coast: “The Gulf Coast is the leading global hub for low carbon solutions. You're able to leverage some of the CO2 policy around carbon capture and sequestration and use that as a monetization pathway for emissions or leverage the enhanced oil recovery pathway, or even look at industrial sales to use carbon dioxide for various product uses across a diverse set of industries. So ultimately you end up with a commodity that can be leveraged in different ways to create value for the corporation and society. And this ties back directly to the whole equation that we’re working towards: We’re driving the energy transition to help society get to net zero, and also building a compelling business that creates and maximizes value from this opportunity.” Two words that describe your job: “Energizing and exciting in the same go.” Interested in joining Abhinav to be at the center of making a difference today? Explore opportunities: https://lnkd.in/gGNEmF7x

Last call to nominate a #LowCarbonAccelerator woman for the 2024 Power Play Awards! Submissions close today at 11:59 pm EST. Nominate today: https://bit.ly/4byvtRy Winners will be announced on September 18 at Gastech 2024 in Houston, Texas. #PowerPlayAwards #LowCarbonAccelerator #WomenInTheEnergyTransition #InclusionAndDiversity #PowerPlay2024

We’re thrilled to see the Power Play awards taking center stage at the Global Energy Transition Congress and Exhibition, an international forum for driving real-world change in the energy transition. Launched in 2019, these awards celebrate the accomplishments of exceptional female leaders who are making significant contributions to the energy sector. And this year, we’re proud to introduce the Low Carbon Accelerator Award, which recognizes a woman who is leveraging innovation and collaboration to accelerate society’s path to net zero. Do you know a woman who is making significant strides in accelerating the energy transition? We encourage you to nominate her for the Low Carbon Accelerator Award: https://lnkd.in/eR57DGvv. #GETCongress #GETCongress24 #EnergyTransition #LowCarbon #PowerPlayAwards

We’re focused on meeting the growing demand for lithium in North America. With Mobil™ Lithium, we’re developing a method of lithium production that has less environmental impact than traditional hard-rock lithium mining and enhances supply chain transparency for our customers. Discover more about how we’re making progress on #lithium. https://lnkd.in/grDVaSMA #realworldprogress

Nucor Corporation is a steel-industry customer that trusts ExxonMobil Low Carbon Solutions to deliver real-world emissions reduction by using carbon capture and storage at its manufacturing site in Convent, Louisiana. Nucor is one of North America’s largest steel producers, and its carbon capture and storage agreement with ExxonMobil furthers the steelmaker’s status as a sustainability leader as it continues its work to reduce its overall emissions. #steelindustry We’re working with Nucor today, and we can work with you tomorrow. Find out more about our real-world progress: https://lnkd.in/gEbiMxdj #realworldprogress

Have any weekend plans? How about dedicating some time to nominate a woman you know who is making a notable impact in the decarbonization space? Nominations for the Low Carbon Accelerator Award for Power Play close on July 5! Learn more about Power Play Awards and the #LowCarbonAccelerator award: https://bit.ly/3VIzVY8 #PowerPlayAwards #LowCarbonAccelerator #WomenInTheEnergyTransition #InclusionAndDiversity #PowerPlay2024

For broad industrial decarbonization, carbon capture and storage (CCS) is a critical tool to help reach emission targets. At the same time, we recognize that the market faces challenges in adopting CCS, including insufficient economic incentives, regulatory uncertainty, and the high cost of deploying technology. During the recent Carbon Capture Technology Expo North America, Carl Fortin highlighted how ExxonMobil is making significant progress to help grow the CCS market and address some of the pain points customers are facing. --Work progresses on our three USGC CCS projects to deliver on definitive customer agreements reached over the past 18 months. --With our acquisition of Denbury Inc., we now have the largest owned and operated CO2 pipeline network in the world, approximately 925 miles of which are in the US Gulf Coast industrial corridor, bringing customers the benefits of a transportation and storage network. --Our strategic technology collaborations with Mitsubishi Heavy Industries and Honeywell UOP strengthen our ability to provide scalable end-to-end CCS solutions that open up the market. Discover more here: link to https://lnkd.in/gafygGKV. #CCUS2024 #CCUSNA24 #HTNA2024 #hydrogentechnologyexpo

We know that low-carbon-intensity hydrogen has the potential to play a critical role in helping industrial manufacturing sectors reduce their emissions. But turning potential into powerful, real-world solutions requires significant investment, technological innovation, collaboration, and policy support. At the recent Hydrogen Technology Expo North America, Steve Kellogg highlighted how we’ve made extraordinary strides in the past year to address these challenges and advance low-carbon-intensity hydrogen as a commercially viable option for customers. • We’re planning to build the world’s largest low-carbon-intensity hydrogen facility at our world scale Baytown Refining and Chemical complex and use that hydrogen to reduce carbon emissions at the facility by up to 30%. We are using the expertise from this milestone project to support our customers. • Our Baytown Olefins Plant will utilize Zeeco, Inc. FREE JET® Gen 3™ hydrogen burners in combination with steam cracker technology to burn close to 100% hydrogen with ultra-low NOx emissions. Both technologies are available to our customers. • We’re pursing more than $20 billion in lower-emission investments from 2022 through 2027. About 50% of our lower-emission investments are targeted at reducing emissions from operated assets, with the balance going toward reducing the emissions of other companies. Discover more about how low-carbon-intensity hydrogen will be a key enabler in the energy transition: https://lnkd.in/gGAv-5Qj. #CCUS2024 #CCUSNA24 #HTNA2024 #hydrogentechnologyexpo

Yesterday at the Fastmarkets BRM conference in Las Vegas, we enjoyed sharing more about the planned development of Mobil™ Lithium in a fireside chat with Patrick Howarth and sponsoring the “Industry Woman of the Year” category at the inaugural Voltas Awards ceremony. Following the announcement of our recent non-binding MOU with SK On, Patrick focused his remarks during a fireside chat on our role as a supplier of lithium, leveraging Direct Lithium Extraction technology: “By scaling up lithium production from deep brine in North America, we can tap a potentially prolific new source of supply and can strengthen the supply chain for the growing North American battery and EV industries.” Learn more about Direct Lithium Extraction technology: https://lnkd.in/gc8dt6Kh We would also like to congratulate Virginia Klausmeier, Founder, President and CEO Sylvatex (SVX), for winning the “Industry Woman of the Year” Voltas award. The #VoltasAwards recognize and celebrate pioneering companies, leaders and innovators demonstrating excellence and groundbreaking achievements across the battery raw materials supply chain, and who are paving the way for a more sustainable future. (Fastmarkets) #FastmarketsBRM #BRM #PowerPlayAwards #lithium #MobilLithium

Alongside SK On, we are pleased to announce we've signed a non-binding memorandum of understanding (MOU) to explore a multi-year lithium offtake agreement of up to 100,000 metric tons of Mobil™ Lithium from our company’s first planned project in southern Arkansas. SK On is a global leading electric vehicle (EV) battery developer and plans to use the Mobil Lithium in its battery manufacturing operation plants in the U.S. Two are already established and SK On has plans to develop four more EV battery plants in various states. This non-binding MOU supports goals for both companies: --ExxonMobil Low Carbon Solutions' goal of supplying lithium for about 1 million EV batteries annually by 2030 and support the U.S. initiative to build out a domestic EV supply chain. --After 2025, the annual production capacity of SK On in the U.S. is expected to reach more than 180 GWh: enough to power about 1.7 million EVs annually. From our ExxonMobil Low Carbon Solutions President, Dan Ammann: “The world needs more lithium to support its emissions goals, and we’re doing our part to drive solutions forward in the United States. This collaboration with SK On demonstrates the leading role we play in the growing market for domestically sourced lithium, a market that’s advancing energy security and climate objectives, as well as supporting American manufacturing.” Meeting demand in today’s energy transition. #realworldprogress. Access the announcement here: https://lnkd.in/guMKpE64 Learn more about our Mobil™ Lithium technology here: https://lnkd.in/gHEDFW9Q #lithium #electricvehiclebatteries #EV #electricvehicle (Photographed: Dan Holton, Senior Vice President, Hydrogen and Lithium, ExxonMobil Low Carbon Solutions & JJ Park, Executive Vice President of Strategic Sourcing, SK On)