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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

Bullboard Posts
Post by bc4uon Feb 05, 2013 2:46am
92 Views
Post# 20937967

Canada Sets 2% Biodiesel Mandate

Canada Sets 2% Biodiesel Mandate

Canada Sets 2% Biodiesel Mandate

Micah Walter/Bloomberg News
2/14/2011 11:30:00

Diesel fuel and home heating oil will be required to contain at least 2% biofuel content beginning July 1, the Canadian Broadcasting Corp. reported.

Federal Environment Minister Peter Kent made the announcement Thursday in Ontario, the CBC said on its website.

Kent said the rule will cut greenhouse gas emissions from transportation and heating fuel. Beginning last December, gasoline in Canada was required to contain 5% biofuel.

The move was applauded by the Canadian Renewable Fuels Association, which called it “good news for consumers, farmers and energy diversity.”

“Biodiesel is a better way to drive and an innovative way to fuel our economy,” said CRFA President Gordon Quaiattini,

“Biodiesel is a cleaner alternative to conventional diesel. It will help moderate price by adding to our fuel supply, create new jobs, and benefit farmers and drivers alike,” he said in a statement.

https://www.ttnews.com/articles/basetemplate.aspx?storyid=26114&t=Canada-Sets-2%25-Biodiesel-Mandate

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