Exxon Mobil : Montana Lays Claim to More Than $10 Billion in Projects as Bakken Shale, Renewables Drive Growth, an Industrial Info News Alert
July 15, 2014 at 06:15 am EDT
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SUGAR LAND, TX--(Marketwired - Jul 15, 2014) - Researched by Industrial Info Resources (Sugar Land, Texas)--Montana may not boast the massive growth in jobs or tax revenues of neighboring North Dakota, but it is benefiting significantly from the U.S. "shale revolution" and support for renewables. Industrial Info is tracking 117 active and unconfirmed projects in Montana that have a total investment value (TIV) of more than $10 billion. Construction on 50 projects worth about $2.5 billion is expected to kick off within the next 12 months.
Within this article: Details on projects from Absaroka Energy (Bozeman, Montana), Ambre Energy Limited (Salt Lake City, Utah) and Exxon Mobil Corporation (NYSE:XOM), including projected spending, contractors, schedules and capacities. Also, information on growth in the Bakken Shale.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, three offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.
Exxon Mobil Corporation is an oil group organized around 3 areas of activity:
- refining and distribution (78.8% of net sales): 5.2 million barrels of oil products (diesel fuel, gasoline, fuel oil, lubricants, motor oils, etc.) sold per day. At the end of 2021, the group operated a network of 22,545 service stations under the Exxon, Mobil, Esso names, etc.;
- petrochemical (13.3%): primarily oils, aromas, alcohols, ethylene, elastomers, propylene, and polymers (26.3 Mt sold in 2021) for the pharmaceutical, cosmetic, textile, electrical, etc.;
- exploration and production of hydrocarbons (7.9%; worldwide leader): 2.3 million barrels of oil produced per day and 241.7 million m3 of natural gas produced per day.
Net sales are distributed geographically as follows: the United States (37.7%), Canada (8%), Singapore (5.4%), the United Kingdom (5.3%), France (4.8%), Italy (3.6%), Belgium (3.3%), Australia (2.8%) and other (29.1%).
EXXON MOBIL CORPORATION 
