The company’s balance sheet remained strong, with a debt-to-equity ratio of 6%. ExxonMobil’s financial discipline and focus on cost management have enabled it to maintain a competitive edge in the industry.
ExxonMobil Voy 2012: A Year of Exploration and Discovery** Exxonmobil Voy 2012 .pdf
ExxonMobil has a strong commitment to safety, security, and environmental stewardship. In 2012, the company continued to prioritize these areas, with a focus on preventing accidents and minimizing its environmental footprint. The company’s balance sheet remained strong, with a
The company reported a significant reduction in its safety incident rate, reflecting its ongoing efforts to enhance safety performance. ExxonMobil also made progress in reducing its greenhouse gas emissions, with a goal of reducing its emissions intensity by 20% by 2020. In 2012, the company continued to prioritize these
One of the highlights of the year was the successful start-up of the Kashagan oil field in Kazakhstan, which is one of the largest oil discoveries of the past 40 years. ExxonMobil is a major partner in the project, which is expected to produce 1.5 million barrels of oil per day at peak production. The company’s expertise in developing complex projects like Kashagan has been instrumental in unlocking the field’s vast potential.