The upstream business contributed record earnings of $12.4 billion in 2000.
Profitable established operations, like these in Malaysia - shown above and to the right - complement ExxonMobil's growing portfolio of exciting new venture opportunities.
Worldwide Upstream
ExxonMobil has upstream activities in some 50 countries and is a leading producer both on and offshore.
Upstream Strategies
Although business conditions and opportunities change from year to year, ExxonMobil employs a set of long-term fundamental strategies in its worldwide exploration, development, production, and gas marketing businesses. Success is determined by how well these strategies are implemented and how effectively we utilize our leadership position in key technologies on what we believe is the best upstream asset portfolio in the industry.
- Maximize profitability of existing oil and gas production
- Identify and pursue all attractive exploration opportunities
- Invest in projects that deliver superior returns
- Capitalize on growing natural gas markets