ExxonMobil in China Exxon Mobil Corporation Exxon Mobil Corporation, headquartered in Irving, Texas, USA, is the world’s largest non-government producer of oil and natural gas. We operate facilities and market products around the world, and explore for oil and natural gas on six continents. We lead the industry in almost every aspect of the energy and petrochemical business. ExxonMobil has been a part of the oil and gas industry for more than 125 years. We trace our history to Standard Oil, founded by John D. Rockefeller in 1882. Illustrating our strengths, ExxonMobil: has invested more than $4 billion in research and development over the last five years; produces 3.9 million oil-equivalent barrels of oil and gas per day; is the world's largest refiner, with 6.3 million barrels per day of crude oil capacity in 37 refineries; is the world's No. 1 supplier of lube basestocks and a leading marketer of finished lubricants, asphalt and specialty products; is one of the world's largest producers of many primary petrochemicals and sells about 25 million tons of petrochemicals per year globally; spends about $5 billion annually for environmental protection. ExxonMobil, through its affiliates, employs more than 80,000 employees worldwide. Our disciplined investment, commitment to industry-leading technologies and operational excellence underpin our success as a global industry leader. Exxon Mobil Corporation Upstream Chemical Downstream Refining & Supply Fuels Marketing Lubricants & Specialties Research and Engineering Exploration Development Production Gas & Power Marketing Upstream Research Global Services Company Staff and Service Functions ExxonMobil in China ExxonMobil's history in China dates back to the 1890s, Since the late 1970s, as China re-opened its market to when Standard Oil, the predecessor of ExxonMobil, foreign participation, ExxonMobil's affiliated began marketing kerosene in China. As early as 1892, companies have gradually re-engaged in many Standard Oil opened a sales office in Shanghai, and aspects of China's energy industry, including during the next decade, sales offices were opened in exploration, gas and fuels marketing, lubricants sales other locations including Hong Kong, Yantai, and services, chemicals and power generation. Zhenjiang, Wuhan, Chongqing and Tianjin. Currently, there are more than 1,300 employees in China, including about 300 in Hong Kong. Kerosene found a ready market in home illumination, replacing vegetable oils. In response to customer ExxonMobil has a long-term commitment to China. needs, Standard Oil developed small tin kerosene Through our products, technologies, partnerships and lamps known as Mei Foo. Millions of Mei Foo lamps investments, we are poised to help meet China's were supplied throughout the country. They were growing energy needs. either sold inexpensively at a few cents each, or given away with the first case of kerosene. Customer response was tremendous. Kerosene sales boomed, making China the company’s largest market in Asia. The Standard flag flies above the company's Shanghai headquarters circa 1910. Standard's Socony affiliate opened its first office in Shanghai in 1892. Mei Foo lamp exploration & gas marketing exploration gas marketing ExxonMobil has been conducting exploration activities in China since the late 1970s. ExxonMobil participated in the first-ever offshore tender round and was the first company to acquire exploration and production rights in northwest China. ExxonMobil is actively pursuing natural gas business opportunities in China for pipeline gas and liquefied natural gas (LNG). ExxonMobil continues to seek high-quality opportunities in China where we can utilize our cutting-edge technologies to discover and develop new conventional and unconventional hydrocarbon resources. In 2009, ExxonMobil signed long-term LNG sales and purchase agreements with PetroChina and Sinopec. PetroChina will purchase 2.25-million-tonnes-per-year LNG from ExxonMobil's equity share of the Gorgon Jansz LNG project in Australia while Sinopec will purchase 2-million-tonnes-per-year LNG from ExxonMobil and its co-venturers in the PNG LNG project in Papua New Guinea. The world's first Q-Max LNG ship. Q-Max ships can carry up to 80 percent more cargo than conventional LNG carriers. Courtesy of Qatargas II ExxonMobil, the inventor of the 3D seismic method, continues to maintain its industry-leading seismic technology position through targeted research, development and application. power generation ExxonMobil has had power With three power stations in Hong Pump Storage Development generation interest in Hong Kong Kong and more than 7,500 Company, which has off-take since 1964. Together with our partner megawatts of power generation rights for 600 megawatts of CLP Power Hong Kong Limited, capacity installed, CAPCO serves capacity from the world's largest ExxonMobil Energy Limited (EMEL) nearly 80 percent of the Hong Kong pumped storage hydroelectric has a 60 percent interest in a joint population with additional sales to plant in Guangdong Province. venture called the Castle Peak Guangdong Province. EMEL also Power Company Limited (CAPCO). holds a 51 percent interest in the Black Point Power Station in Hong Kong, one of the world's largest gas fired Black Point Combined Cycle Power Station 龙鼓滩联合循环发电厂 NEW TERRITORIES 新 界 plants using advanced combined cycle gas turbine technology. Tuen Mun 屯门 Castle Peak Power Station 青山发电厂 LANTAU ISLAND 大屿山 Penny’s Bay Power Station 竹篙湾发电厂 Through the effective implementation of the Operations Integrity Management System (OIMS), the Castle Peak Power Station, along with other power generation facilities, achieves high standards in safety, health and environmental performance. At the Guangdong Pumped Storage Power Station, electricity is used to pump water to a reservoir at a higher elevation during off-peak hours so that it can be used for hydroelectric generation during peak hours. Fujian venture In 2007, ExxonMobil, along with our per-day, high conversion facility. A second joint venture, owned by partners Saudi Aramco, Sinopec A newly-built 250-megawatt Sinopec (55 percent), ExxonMobil and Fujian Province, formed the cogeneration plant provides more (22.5 percent) and Saudi Aramco first fully integrated refining, than 50 percent of the power needs (22.5 percent), markets diesel and petrochemicals and fuels marketing in the complex. In addition, it motor gasoline produced by the venture with foreign participation in includes a world-scale integrated refinery through a network of China. chemical plant, with a new distribution terminals and more 800,000-tons-per-year ethylene than 750 service stations. The The manufacturing venture is steam cracker and integrated venture is the market leader in owned by ExxonMobil (25 percent), polyethylene, polypropylene and Fujian Province. Saudi Aramco (25 percent) and paraxylene units. The new Fujian Petrochemical Company world-scale Fujian refining and Limited (50 percent). It expands the petrochemical complex started existing 80,000-barrel-per-day operations in 2009. refinery in Quanzhou, Fujian Province, to a 240,000-barrel- Together, the world-scale refining and petrochemical complex and the retail sites will help meet China's growing demand for petroleum products and petrochemicals. Chemicals ExxonMobil markets a variety of petrochemicals in China, including polyolefins, synthetic rubber and aromatics for polyester production. Our premium products metallocene polyethylene and polypropylene, high-performance specialty elastomers and butyl polymers - meet the needs of customers for a broad range of applications in packaging, automotive, industrial and consumer goods as well as hygiene and personal care products. ExxonMobil is a partner in a world-scale, fully integrated refining and petrochemical complex in Fujian Province. In addition, we have a wholly owned plasticizer plant in Panyu, Guangdong Province, and a joint venture in Jinshan, Shanghai, with Sinopec Shanghai Petrochemical Company Limited to manufacture adhesive resins. ExxonMobil is building a technology center in Shanghai to expand its ability to serve customers in China and the region. The center is expected to start up in late 2010. ExxonMobil's existing world-class manufacturing plants in Singapore and the Middle East are playing a key role in serving China's growing petrochemical demand. In addition, major new projects we are pursuing in Singapore, Qatar and Saudi Arabia position the company effectively to meet China's petrochemical demand growth. exxonmobilchemical.com.cn ExxonMobil Chemical participates in the annual Chinaplas to showcase its innovative products and solutions for various applications. With state-of-the-art laboratories and product demonstration facilities, the Shanghai technology center will deliver innovative solutions to our customers in China and in the region. ExxonMobil offers numerous products for a wide variety of automotive applications. These products, which apply leading-edge technology, are increasingly being used in China to improve vehicle performance and efficiency and reduce cost. ExxonMobil produces metallocene-based polyethylene resins with outstanding film qualities for greenhouse roofing. In China, the world's largest agricultural film market, the use of high-quality films helps farmers compete in both local and international markets. Plasticizer plant in Panyu, Guangdong Province. The Singapore Chemical Plant is fully integrated with ExxonMobil's largest refinery. With the expected start-up of a second steam-cracking complex on site in 2011, it is strategically located to supply high growth markets in Asia, especially China. lubricants ExxonMobil markets a wide range of automotive, commercial and industrial lubricants in China. It has two state-of-the-art lubricant blending plants located in Taicang, Jiangsu Province, and Tianjin. mobil.com.cn ExxonMobil offers a wide range of lubricant products to Chinese motorists and commercial and industrial customers. ExxonMobil, through its flagship brand Mobil 1, the world renowned synthetic lubricant, is one of the official Technology Partners of the Vodafone McLaren Mercedes Formula One Racing Team. Mobil 1 Car Care Outlets provide Mobil 1 and Mobil Super series lubricant products with professional service for drivers across China. The engine is the heart of the car, and the lubricant is the blood of the heart. Mobil Passenger Vehicle Lubricants provide protection in a wide variety of extreme driving conditions. ExxonMobil provides training to equip our distributors with skills and expertise to better serve their customers. With extensive builder approvals, our Mobilgear SHC XMP synthetic wind turbine gear oil is used to lubricate more than 15,000 wind turbines worldwide. asphalt ExxonMobil markets premium quality ExxonMobil also provides technical asphalt in China. The asphalt is assistance to enable customers to sourced solely from ExxonMobil's successfully grow specialty asphalt refineries and sold into China product lines. through ExxonMobil's terminal facility in Ningbo, as well as through a network of resellers. ExxonMobil asphalt has been used for the paving of major expressways, bridges and airports in many provinces of China. ExxonMobil asphalt terminal in Ningbo. ExxonMobil asphalt has been used for many prestigious infrastructure projects across China, such as the Yangpu Bridge in Shanghai and the Chengnan Expressway in Sichuan Province. basestocks ExxonMobil is one of the largest We offer a full line of premium suppliers of imported basestocks quality basestocks, including Group I into China. Our basestocks are neutrals, brightstock and Group II sourced from ExxonMobil's products. With our experienced refineries and sold via vessel, as sales and technical team, we are well as through storage facilities in positioned to meet the specific Zhangjiagang, Jiangsu Province. basestock requirements of our customers. white oils ExxonMobil markets white oils in advanced production and delivery China for a variety of cosmetic, procedures to ensure that the purity medicinal and pharmaceutical and medicinal quality of our applications. products is preserved. With their robust formulation and consistent As one of the largest worldwide quality, our white oils are the ideal suppliers of white oils, ExxonMobil choice for manufacturers of many has developed and applied branded products. fuels marketing ExxonMobil markets fuel products Besides high-quality fuels, Esso In addition to retail stations, on the Chinese mainland, as well as customers can enjoy value and ExxonMobil supplies quality fuel in Hong Kong and Macau, under convenience from our Tigermart products to many industrial, the Esso brand. In Hong Kong, 54 retail stores, where we offer hot commercial and end use Esso service stations form the selling items like drinks, snacks, rice consumers, as well as aviation fuels largest service station network in and cooking oil. We pride ourselves at Hong Kong International Airport, the territory. In addition, there are on being a one-stop shop, with a and marine fuels at the Port of 18 Esso-branded stations in state-of-the-art payment system in Hong Kong. Guangdong Province and another Hong Kong, where customers can four in Macau. purchase products from Esso stations without leaving their cars. At Esso service stations, Tigermart provides convenient one-stop shopping and friendly service to customers. An Esso service station in Hong Kong. corporate citizenship ExxonMobil strives to be a good We work hard to conduct our ExxonMobil is committed to corporate citizen. In doing business business in a manner that is continuously improving workplace in China, as anywhere in the world, protective of the environment and safety and the health of our we are committed to honest and compatible with the economic employees, contractors, customers ethical behavior and abide by all needs of the communities in which and the public. Our goal is to applicable laws and regulations. All we operate. Our environmental achieve an incident-free workplace employees commit to complying management processes are guided in which Nobody Gets Hurt. with our Standards of Business by our Protect Tomorrow. Today. Conduct in everything they do. initiative, which outlines our We are also committed to expectations for delivering superior developing people and creating and environmental performance and delivering long-term benefits to local achieving industry leadership in communities. We actively support a priority areas of importance to each variety of community service business. activities, particularly in the areas of health, education and the environment. health ExxonMobil's partnership with the China Charity Federation (CCF) dates back to 1995, when ExxonMobil became the first foreign company to donate funds to CCF's Rehabilitation Program for Disabled Orphans. In 2005, ExxonMobil and CCF launched a new health program in Jilin Province. By the end of 2009, the program had benefited about 130 children with congenital heart disease from low-income families by providing them with funds to receive timely and appropriate medical treatment. ExxonMobil has been recognized twice by CCF for its outstanding contribution to China's charity work. education 3 Through ExxonMobil's partnership 4 In Hong Kong, ExxonMobil has been with Junior Achievement, our a long-term partner of the Road Safety 1 ExxonMobil contributes to rural employees help build invaluable Council and Kwai Tsing District primary and high schools in a number of educational and life skills in young Council's Road Safety Campaign remote areas through funding for needy people. On the Chinese mainland, Committee. We support and participate students and improvements to school employees volunteer their spare time in in a number of road safety programs to facilities. To date, our support has primary schools to teach the children of enhance road safety awareness in the benefited thousands of children. migrant workers basic knowledge of community. international trade. In Hong Kong, we 2 ExxonMobil supports literacy classes have been involved with the Sustainable in rural areas of Guizhou Province to Capacity Building Project since 2001, help women build self-confidence and which provides a platform for young the necessary competencies to better people to develop their support their families. entrepreneurship, career aspirations and life values. 4 1 3 2 1 environment 1 In 1998, ExxonMobil set up a RMB10 million Mobil China Environmental Education Fund in cooperation with the State Environmental Protection Administration. This constituted a five-year grant to support China's environmental education programs, and nearly 90 programs were completed. 2 Today, ExxonMobil continues to support environmental education programs in local communities and universities. 2 In partnership with the Global Village of Beijing, a non-governmental environmental organization, ExxonMobil has supported a number of projects in the communities and primary schools of Beijing, Shanghai and Qingdao, with the aim of promoting the awareness of environmental protection. 3 In Hong Kong, ExxonMobil sponsors 3 environmental education programs organized by a number of environmental groups. Employees and their families have taken part in tree planting efforts and fundraising walks. in addition ExxonMobil sponsors the Temple University's Judicial ExxonMobil has been involved in disaster relief efforts in professional development of Chinese judges. Education Program in China. The program supports China, including donations in 2008 to the China Charity Federation and the Hong Kong Red Cross to help ExxonMobil funds scholarships/bursaries at several earthquake victims in Sichuan Province. In 2003, we universities on the Chinese mainland, including Peking donated to the Ministry of Health for fighting SARS. University, Fudan University, Shanghai Jiaotong University, Zhongshan University and South China University of Technology. Scholarships have also been set up at major universities in Hong Kong. In Hong Kong, ExxonMobil has sponsored the Hong Kong Arts Festival for more than 30 years, providing a platform for local artists to perform in an internationally renowned festival. In partnership with the China Charity Federation, we funded rehabilitation programs for victims of the Sichuan earthquake. In Hong Kong, ExxonMobil has supported a number of social welfare and charity activities and also encouraged employees to participate in various volunteer activities targeting the elderly, children and people suffering hardship in the community.