Oil, Gas and Electricity in the Caribbean February 2018 Sara Banaszak The The Outlook Outlook for for Energy Energy includes includes Exxon Exxon Mobil Mobil Corporation’s Corporation’s internal internal estimates estimates and and forecasts forecasts of of energy energy demand, demand, supply, supply, and and trends trends through through 2040 2040 based based upon upon internal internal data data and and analyses analyses as as well well as as publicly publicly available available information information from from external external sources sources including including the the International International Energy Energy Agency. Agency. Work Work on on the the report report was was conducted conducted throughout throughout 2017. 2017. This This presentation presentation includes includes forward forward looking looking statements. statements. Actual Actual future future conditions conditions and and results results (including (including energy energy demand, demand, energy energy supply, supply, the the relative mix of energy across sources, economic sectors and geographic regions, imports relative mix of energy across sources, economic sectors and geographic regions, imports and and exports exports of of energy) energy) could could differ differ materially materially due due to to changes changes in in economic economic conditions, conditions, technology, technology, the the development development of of new new supply supply sources, sources, political political events, events, demographic demographic changes, changes, and and other other factors factors discussed discussed herein herein and and under under the the heading heading “Factors “Factors Affecting Affecting Future Future Results” Results” in in the the Investors Investors section section of of our our website website at at www.exxonmobil.com. www.exxonmobil.com. This This material material is is not not to to be be used used or or reproduced reproduced without without the the permission of Exxon Mobil Corporation. All rights reserved. permission of Exxon Mobil Corporation. All rights reserved.
Global trends continue to evolve Growth from 2016 level
2016 2016
Percent
2x GDP +25% demand +1.7 billion people +10% CO2 emissions -45% CO2 intensity ‹#› ‹#›
ExxonMobil 2018 Outlook for
Electricity from solar and wind increases about 400 percent Energy powers modern economies and living standards Natural gas expands role to meet a wide variety of needs Global energy needs rise about 25%, led by non-OECD nations Oil plays a leading role to aid mobility and modern products Electricity demand nearly doubles in non-OECD nations Decarbonization of the world’s energy system will accelerate
‹#› ‹#›
ExxonMobil 2018 Outlook for
Energy supports living standards 2016 Electricity demand per capita kWh per person Population
Half of World population
2016 GDP per capita Thousands of PPP dollars ‹#› ‹#›
ExxonMobil 2018 Outlook for
Energy demand varies by sector Primary energy demand by sector Quadrillion BTUs
Other renewables Biomass Nuclear
'40 '25 '16
Coal
Gas
Oil
‹#› ‹#›
ExxonMobil 2018 Outlook for
Energy Consumption Data (2015, estimated)
Source: World Bank Data
Liquids demands driven by transportation & chemicals By Region and Sector MBDOE
Other
Chemicals '25 '40 '16
Commercial transportation
Light-duty transportation
North Americ a
Latin Americ a
Africa
Europe
Russia/ Caspian
Middle East
Asia Pacific
‹#› ‹#›
ExxonMobil 2018 Outlook for
Household electricity up in Non-OECD Residential electricity intensity
Residential energy use
Megawatt hours per household per year
Million BTUs per household per year '00
Middle East
'16
North America '40
Europe China India Africa
Other
Electricity Gas LPG Biomass
‹#› ‹#›
ExxonMobil 2018 Outlook for
Two Paths to CO2 Reduction United States Generation Share Germany Generation Share Percent
Percent Oil Other Renewables
CO2 Intensity of Generation g CO2/kWh generation 2005
Wind & Solar
2015 Nuclear
Gas
Coal
Hurricanes Past and Future • Market forces and the coordination of government with industry help with effective response • A few examples of response from recent experience… • Rerouting tankers (& trucks) • Beaumont water supply – Direct work with government (city) – ~ 64” rain swamped water utility’s plant & pumps – Spare pipe available from industrial site helped reconnect utility
• Refineries – Live-in crews; control room detection & survey of problems – Equipment fixes for vital monitoring of core functions, for example transmitters that read temperature for a turbine – Accelerating return of fuels to marketplace
Stay energy informed. At ExxonMobil, we continually provide information and insight to help broaden your understanding of the issues shaping the world’s energy needs. You can stay informed by following us online and through our social channels. Visit exxonmobil.com/energyoutlook Visit exxonmobil.com/energyoutlook Subscribe Subscribe to to energyfactor.com energyfactor.com Visit Visit exxonmobilperspectives.com exxonmobilperspectives.com Follow Follow @exxonmobil @exxonmobil
Follow Follow linkedin.com/company/exxonmobil linkedin.com/company/exxonmobil
Follow Follow facebook.com/exxonmobil facebook.com/exxonmobil
Follow Follow instagram.com/exxonmobil instagram.com/exxonmobil
‹#› ‹#›
ExxonMobil 2018 Outlook for
www.exxonmobil.co m
‌ Questions?
This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein (and in Item 1A of ExxonMobil’s latest report on Form 10-K or information set forth under "factors affecting future results" on the "investors" page of our website at www.exxonmobil.com). This material is not to be reproduced without the permission of Exxon Mobil Corporation.