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";s:4:"text";s:18932:"The New Zealand division of ExxonMobil lifted its net operating profit 57 per cent in 2017 as revenues rose on higher volumes. All website features may not be available based upon your cookie consent elections. Stay up to date with the latest from ExxonMobil. We are involved in petroleum refining and distribution and the marketing of fuels, lubricants and chemical products. The marine bio fuel oil is a 0.50% sulphur residual-based fuel (VLSFO) processed with a second generation waste-based FAME component (ISCC certified) - and will be available later this year – initially in Rotterdam - before wider launch across the ExxonMobil port network. Operations in New Zealand ExxonMobil’s methanol to gasoline (MTG) process selectively converts methanol to a single fungible liquid fuel and a small LPG stream. Our experts have their say, Body in lake mystery: 'I want justice and I want answers', Advance NZ Facebook page removed for breaching misinformation policies. In 2017, the group invested $29m in infrastructure, with several assets under construction. Exclusive monthly newsletter from RESOURCESTOCKS featuring select commodity market analysis and latest company profiles. *Pay in car* Pay for your fuel from the comfort of your car and earn Mobil Smiles points. This minimizes offsite and logistic complexity and investment for synthetic fuel distribution. Mobil is committed to achieving and maintaining excellence in environmental care throughout our operations in New Zealand. The sea trial also demonstrated that the marine bio fuel oil, which can provide a CO2 emission reduction of up to approximately 40%* compared with conventional marine fuel can be used in a relevant marine application without modification and can help operators take a significant step towards meeting their carbon emissions reduction targets. In 1979, a fixed bed design was completed and thoroughly demonstrated at 4 BPD capacity (today proven scalable up to 15 KBD). Subscribe today and enjoy full access to EnergyNewsBulletin.net - the most comprehensive source of energy sector news and information. PO Box 8 Inventories lifted to $349m versus $320m in the prior year. Fax: +64 0800 662 457 For more than 135 years, we have pioneered the science and research that enables innovative technologies, changing our industry and the world. Today program involves an increased focus on further improving operating practices and an increased emphasis on quantitative targets and measures. Operation of the first coal-to-gasoline plant via 2nd generation MTG technology began in 2009 in China by Jincheng Antracite Mining Group (JAMG). Further legislative changes embodied in the Climate Change Response (Emissions Trading and Other Matters) Amendment Act were passed by the Parliament in November 2012. Hours of operation: “With new marine fuels coming to market recently, the need for quality fuels that are both reliable and ISO compliant has never been greater,” said Cowan Lee, Marine Fuels Marketing Manager at ExxonMobil. This 2,500 BPD gasoline plant began operations in 2009 and successfully demonstrated the coal-to-gasoline concept. As one of the world's largest publicly traded energy providers and chemical manufacturers, ExxonMobil develops and applies next-generation technologies to help safely and responsibly meet the world's growing needs for energy and high-quality chemical products. The fuel performed very well and fitted seamlessly into our technical and commercial operation without the need for engine modifications or additional procedures, while contributing to a significant reduction of CO2 emissions.”. Methanol-to-gasoline chemistry was discovered by ExxonMobil scientists in the We are committed to meeting the growing demand for energy, while at the same time reducing the environmental impacts. Since 2012, Mobil has invested more than NZ$120 million in its New Zealand operations. ExxonMobil subsidiaries have a business history in New Zealand stretching back more than 120 years. Toll Free: +64 0800 880 361, Building B, Level 2 The NZ ETS covers emissions of all greenhouse gases covered by the Kyoto Protocol. Three of New Zealand’s major fuel companies today said they were investigating a potential fuel quality issue that may have affected a small volume of petrol supplied from late November to mid-December 2017. Production yields, product qualities and catalyst performance are stable during operation with little variation in the product. The driver rewards programme that rewards driver instantly. Email: Customer service, Toll Free: +64 0800 732 277 Mobil Oil New Zealand Limited (Mobil) today announced plans to improve fuel supply capacity for the South Island with the construction of two tanks at its fuel terminal in Lyttelton. Our aim is to continuously improve our performance with the goal of driving operational incidents with environmental impact to zero. Mobil has been a reliable supplier of quality fuels and lubricants to New Zealand for more than 120 years. We are committed to meeting the growing demand for energy, while at the same time reducing the environmental impacts. ExxonMobil commercialized the first gas-to-gasoline plant in New Zealand in 1985. This also supports the International Maritime Organization’s ambition to reduce total annual GHG emissions from international shipping by 2050. 8 Nugent Street • 48 Shortland Street Try EnergyNewsBulletin.net for 30 days for ONLY $1, Operations to resume in August, but plans afoot for import terminal, Viva's latest hat in the ring for LNG imports, Marsden Point refinery cuts production as demand slumps, ENB Briefs: Surprise draw, AGL, Exxon and more, Choppy seas for Viva continues to incur losses, Warrego cashed up as it prepares for West Erregulla drilling, Woodside confirms 300 direct staff jobs to go, Green hydrogen costs to fall by up to 64% by 2040, Assessing & implementing the requirements to access connection, 88 Energy (ASX:88E) Prepares for Billion Barrel Farm Out, Empire Energy - Shale Gas Takes Hold in Australia, ExxonMobil launches bid to stop New Zealand's refinery plans, Feds to "turbo charge" oil and gas investment in Northern Australia, ASX suspends FAR Ltd over Sangomar divestment concerns, Copyright © 2000-2020 Aspermont Ltd. All rights reserved. New Zealand Article • Nov. 8, 2017 © Copyright 2003-2020 Exxon Mobil Corporation. The goal is to develop a fluidized bed MTG design that will cost significantly less to construct and operate, and significantly improve energy efficiency versus the fixed bed design. The New Zealand plant produced 14,500 BPD of gasoline and was operated by the New Zealand Synthetic Fuels Corporation, a joint venture between the government of New Zealand and ExxonMobil, until 1995. MONZ is a leading supplier of fuel to the New Zealand market, with a chain of Mobil-branded service stations throughout New Zealand. The New Zealand plant produced 14,500 BPD of gasoline and was operated by the New Zealand Synthetic Fuels Corporation, a joint venture between the government of New Zealand and ExxonMobil, until 1995. Reference information on our careers site. Telephone: +1-800-88-00208. Email: Mobilcard. from reporters, journalists, researchers etc.. on matters relating to Australia and New Zealand. View highlighted news, events, technical papers and case studies below. The company's New Zealand assets were worth $998.3m in 2017 versus $1.3b in 2016, largely due to lower cash and cash equivalents. The registered office for the ExxonMobil companies in New Zealand is: c/- Russell McVeagh 48 Shortland Street PO Box 8 Auckland 1140. This successful trial also involved close collaboration with the OEMs, the vessel’s classification society and flag state”. 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