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Exxon Mobil Corp XOM

Alternate Symbol(s):  N.XOM

Exxon Mobil Corporation is an international energy and petrochemical company. Its primary businesses include exploration for, and production of, crude oil and natural gas; manufacturing, transport and sale of crude oil, natural gas, petroleum products, petrochemicals, and a variety of specialty products; and pursuit of lower-emission business opportunities including carbon capture and storage, hydrogen, lower-emission fuels and lithium. The Upstream segment explores for and produces crude oil and natural gas. The Energy Products, Chemical Products and Specialty Products segments manufacture and sell petroleum products and petrochemicals. Energy Products include fuels, aromatics, and catalysts and licensing. Its Chemical Products consist of olefins, polyolefins, and intermediates. Its Specialty Products include finished lubricants, synthetics, and elastomers and resins. It also focuses on net-zero greenhouse gas emissions from its operated unconventional operations in the Permian Basin.


NYSE:XOM - Post by User

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Post by bc4uon Jan 23, 2013 2:17pm
64 Views
Post# 20879151

Two Wind Farms To Be Constructed In Norfolk

Two Wind Farms To Be Constructed In Norfolk

Two Wind Farms To Be Constructed In Norfolk

Consent has been given by the Government for the construction of two wind farms off the Norfolk Coast with a combined capacity of over 1GW.

23/01/2013
Consent was given today by the Government for the construction of two wind farms off the Norfolk Coast with a combined capacity of over 1GW. This means that 6.6GW of offshore wind power is now either operational, under construction or consented in the UK.

The two wind farms at Race Bank (580MW) and Dudgeon (560MW) in the Greater Wash could generate enough electricity to power around 730,000 homes. The projects represent around £3bn of investment.


An application for a third project at Docking Shoal, also off the Norfolk Coast, has however been refused due to the potential impact on seabirds in the area. These birds (Sandwich terns) are specially protected by environmental legislation.

Charles Hendry, Minister of State for Energy, said: "The UK is racing ahead of the global field and these two new offshore wind farms underline this momentum.

"These two projects will not only bring us considerable amounts of clean energy, but significant investment and jobs too.

"We have also shown that we are mindful of other consequences, such as the impact on bird populations, in deciding that it would not be appropriate to consent all three applications."

https://www.build.co.uk/construction_news.asp?newsid=157246

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