1 May 2009
ExxonMobil invests through the downturn for future efficiency
ExxonMobil is investing in cogen power generation for its refining operations. The result is increased energy efficiency and reduced GHG emissions, writes Tom Nicholls
Not much land goes to waste in the port of Antwerp: cranes, storage tanks and other industrial paraphernalia are crammed into the flatlands around the River Scheldt's estuary and its fragmented grid of waterways. One of Europe's biggest petroleum hubs, the Belgian port handles over 180m tonnes a year (t/y) of trade and – measured by container traffic – is Europe's third-largest port. ExxonMobil's Antwerp refinery, which Petroleum Economist visited last month for the inauguration of an on-site, 130 megawatt (MW) cogeneration (cogen) power plant, is wedged in between refineries owned by Total and independent refiner Petroplus. Such is the lack of space that ExxonMobil had to site the new unit
Also in this section
23 April 2026
The addition of an oil pipeline to the Power of Siberia 2 gas project could ensure deliveries of Russian oil to China, materially shorten logistics lines between West Siberia and final customers, and—amid disruption in the Strait of Hormuz—offer a land-based export route that reduces exposure to maritime chokepoints
23 April 2026
There is a clear push to bolster exports to Asia amid uncertainty around its North American neighbour, but there are limits to the benefits from the energy crisis
23 April 2026
Shell made the play-opening discovery in Namibia’s Orange basin back in 2022, but its next well could decide whether the project can actually be commercialised
22 April 2026
The failure of OMV Petrom’s keenly watched exploration campaign at Bulgaria’s Han Asparuh block highlights the Black Sea’s uneven track record, despite major successes like Neptun Deep and Sakarya






