ExxonMobil invests over USD 600 million in research and development on an annual basis, which is more than any other company in its business. Efforts are centralized within major research institutions in the US, but also include joint venture projects with universities and the car and engine manufacturing industry.

ExxonMobil operates refineries in 26 countries and 42,000 gas stations in more than 100 countries. Lube oils are marketed in close to 200 countries. These operations all benefit from a century of technology build-up by the company and its substantial research resources.

Examples of technology development sponsored by ExxonMobil:

• Combining molecular crude oil characterization and model technology to optimize refining processes.
• New materials technologies for improvement of established refining processes.
• Lube oil technology that is critical for meeting future emission demands for diesel motors.
• Process technology (SCANfining) for sulfur-free gasoline production.  
• Cooperating with the car industry to develop green cars based on fuel cells and hybrid solutions.