Current Press releases
Porsche Test Lower-Carbon Fuel in Race Conditions
Press Release of ExxonMobil and Porsche
- Esso Renewable Racing Fuel to be tested in
Porsche’s high-performance motorsports engines in the PorscheMobil 1 Supercup 2021 and 2022
- Companies to advance eFuel development with potential for greenhouse gas reduction
- eFuels to be produced using hydrogen and captured carbon dioxide
- New agreement builds on 25-year relationship of developing and testing high-performance products
Irving, Texas/Stuttgart. ExxonMobil and
“The electrification of our vehicles is of highest priority to us,” says Michael Steiner, Member of the
The eFuel will be sourced from the Haru Oni pilot plant based in Chile that generates hydrogen, which is then combined with captured carbon dioxide drawn from the atmosphere to produce methanol. ExxonMobil is providing a license and support for the proprietary technology to convert the methanol to gasoline, which will result in a lower-carbon fuel. In the pilot phase, around 130,000 liters of eFuels will be produced in 2022. As the fuel’s primary user,
“Over the past quarter century, we have worked together with
The first on-track testing of Esso Renewable Racing Fuel is scheduled for March 30, 2021 in Zandvoort, Netherlands, and will continue throughout the 2021 and 2022
In January, ExxonMobil announced the creation of a new business, ExxonMobil Low Carbon Solutions, to commercialize its extensive low-carbon technology portfolio and plans to invest $3 billion on lower emission energy solutions through 2025. Last year, ExxonMobil announced plans to distribute renewable diesel within California and potentially other domestic and international markets as soon as 2022.
Over the past two decades, ExxonMobil has invested more than $10 billion to research, develop and deploy lower-emission energy solutions, resulting in highly efficient operations that have eliminated or avoided approximately 480 million tonnes of CO₂ emissions - the equivalent of taking more than 100 million passenger vehicles off the road for a year.
Phone: +49 1523 911 3486
Ashley M. Duncan
Phone: +1 972 903 7980
ExxonMobil, one of the largest publicly traded international energy companies, uses technology and innovation to help meet the world’s growing energy needs. ExxonMobil holds an industry-leading inventory of resources, is one of the largest refiners and marketers of petroleum products, and its chemical company is one of the largest in the world. To learn more, visit exxonmobil.com and the Energy Factor.
Dr. Ing. h.c. F.
To learn more, visit https://newsroom.porsche.com/en.html.
Statements of future events, plans or product offerings in this release are forward-looking statements. Actual future results, including product offerings, timing, production capacity, and the impact and results of new technologies on product efficiency and life-cycle emission reductions could vary depending on the outcome of general business conditions; further research and testing; the development and competitiveness of alternative technologies; the ability to scale pilot projects on a cost-effective basis; political and regulatory developments; and other factors discussed in this release and under the heading “Factors Affecting Future Results” on the Investors page of ExxonMobil’s website at exxonmobil.com.
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