energy efficiency improvements

In 2007, our operations consumed approximately 1.55 billion gigajoules of energy and achieved best-ever energy efficiency in our Refining and Chemical businesses.

Through our Global Energy Management System (GEMS), we have identified opportunities to improve energy efficiency by 15 to 20 percent at our refineries and chemical plants, and have implemented about 60 percent of these. Over the past several years, we have been improving the energy efficiency of our Refining and Chemical businesses at a rate two to three times faster than the industry.

We are on track to meet our target of improving energy efficiency across our worldwide refining and chemical operations by at least 10 percent between 2002 and 2012. This target is consistent with the American Petroleum Institute’s Voluntary Climate Challenge Program in the United States.