Exxon 2007 Annual Report Download - page 30

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Refining & Supply
ExxonMobil Refining & Supply encompasses a global
network of reliable and efficient manufacturing plants,
transportation systems, and distribution centers that
provide a range of fuels, lubricants, and other high-value
products and feedstocks to our customers around the world.
Our global supply organization optimizes our network
– the supply of raw materials to our refineries, products
supplied to our customers, and placement of equity crude
production. Our proven business model is founded on
continuous operations improvement, leveraging our global
scale and integration to improve margins and deliver cost
efficiencies, and a disciplined capital investment program
to meet growing demand for high-quality products through
selective investments that yield a competitive advantage.
PUR S U I N G O P E R AT I O N S E XC E LLENC E
Our goal is flawless operations. Safety – both personnel and
operations safety – remains a top priority. Our Operations
Integrity Management System (OIMS) framework establishes
common worldwide expectations for mitigating operating
risks that are inherent in our business. Our safety manage-
ment process focuses on underlying behaviors as well as
enhancements to our facilities, systems, and competencies.
Our processes and efficient execution have established
ExxonMobil as an industry leader in operations excellence.
LEVER AG I N G GLO BAL S CAL E & I N TEG R ATION
We are the world’s largest global refining company, with the
most distillation, conversion, and lube basestock production
capacity. On average, our refineries are over 60 percent
larger and are more integrated with chemical and lubes
operations than the industry average. This scale and integra-
tion provide us greater flexibility to optimize operations and
to produce higher-value products with lower feedstock
and operating costs.
(1) Royal Dutch Shell and BP values calculated on a consistent basis with ExxonMobil,
based on public information.
(2) Conversion capacity includes catalytic cracking, hydrocracking, and coking.
ExxonMobil Royal Dutch Shell BP
100
80
60
40
20
Distillation
Equity Capacity(1)
(indexed)
Conversion(2)
(1) Royal Dutch Shell, BP, and Industry values calculated on a consistent basis with
ExxonMobil, based on public information.
ExxonMobil Royal Dutch Shell IndustryBP
80
70
60
50
40
30
Refinery Integration With Chemicals or Lubes (1)
(percent)
Monitoring and optimization of operations by refinery personnel is
key to reliable operations and maximum yield of high-value products.
INCRE ASING M A RGIN
We improve margin by focusing on three key areas:
economically growing production, reducing raw material
costs, and improving yields of high-value products.
We strive to increase production by improving reliability,
eliminating constraints, optimizing planned maintenance and
intervals between downtimes, and expanding market outlets.
We continue to find opportunities to reduce raw materials
costs by applying our Molecule Management technology.
In addition to improving raw material selection, our Molecule
Management technology also enables us to optimize the yields
and blending of high-value products on a real-time basis.
E X X O N M O B I L C O R P O R A T I O N • 2 0 0 7 S U M M A R Y A N N U A L R E P O R T
28