ExxonMobil′s Outlook for Energy Forecasts Shift in Global Energy Balance and New Opportunities for International Trade and Economic Growth

The global energy landscape will evolve significantly as regional
demand-and-supply patterns shift in the coming decades, creating new
opportunities for international trade and economic growth, says ExxonMobil′s
Outlook for Energy: A View to 2040, which wasreleased
today.

'Energy is fundamental to our way of life and essential to grow our
economy,? said Rex W. Tillerson, chairman and chief executive officer of
Exxon Mobil Corporation (NYSE:XOM). 'Understanding future energy trends
is critical for effective policy decisions that can help ensure safe,
reliable and affordable energy development and economic growth, job
creation and expanded global trade.?

In its annual forecast, ExxonMobil projects that global energy demand in
2040 will be approximately 35 percent higher than in 2010. Future energy
needs will be supported by more efficient energy-saving practices and
technologies, increased use of less-carbon-intensive fuels such as
natural gas, nuclear and renewables, and the development of
unconventional energy sources that were previously inaccessible without
technology advances.

Oil will continue to be the most widely used fuel, but natural gas --
the fastest growing major fuel -- is expected to overtake coal by 2025
as the second most used fuel. Demand for natural gas will increase by
about 65 percent through 2040, and 20 percent of global production will
occur in North America, supported by growing supplies of gas from shale
and other unconventional sources.

New technologies will continue to be key to development of reliable and
affordable energy, which is central to economic growth and human
progress, the Outlook for Energy concludes. Significant
advancements in oil and natural gas technologies have safely unlocked
vast new supplies, already changing the energy landscape in North
America and expanding supplies to help meet growing global energy demand.

The Outlook for Energy projects that North America is likely to
transition to a net energy exporter by 2025. Over the next two decades,
more than half of the growth in unconventional natural gas supply will
be in North America, providing a strong foundation for increased
economic growth across the United States, and most notably in industries
such as energy, chemicals, steel and manufacturing.

These resources will also create new opportunities for global trade with
countries in Europe and the Asia Pacific region, which are reliant on
international markets to meet domestic energy requirements. The changing
landscape and resulting trade opportunities will continue to provide
consumers with more choices, value, wealth and good jobs.

The Outlook for Energy projects that energy for electricity
generation will continue to be the largest component of global demand
and is expected to grow by 50 percent to 2040. The growth reflects an
expected 85 percent increase in electricity demand, led by developing
countries where 1.3 billion people are currently without access to
electricity.

As the world gradually transitions from coal to cleaner fuels for
electricity generation, natural gas, nuclear and renewable energy
sources, including wind and solar, will represent a greater share of the
global energy mix. Natural gas, which emits up to 60 percent less carbon
dioxide than coal when used for electricity generation, will grow the
most. By 2040, natural gas will account for 30 percent of global
electricity generation, compared to less than 25 percent today.

The Outlook for Energy highlights the important role of
efficiency in helping balance energy demand with the growing world
economy. Energy-saving practices and technologies, such as hybrid
vehicles and high-efficiency natural gas power plants, will help
countries in the Organization for Economic Cooperation and Development
(OECD) increase economic output by 80 percent without increasing total
energy use. In the transportation sector, the number of cars on the road
worldwide is expected to approximately double by 2040, but the fuel
demand will actually plateau and gradually decline as consumers turn to
smaller, lighter vehicles and technologies improve fuel efficiency.

The Outlook for Energy is developed each year by a team of
experts using a combination of public and proprietary sources, and
guides ExxonMobil's global investment decisions. Many of its findings
are similar to those from other respected organizations, including the
International Energy Agency. ExxonMobil publishes TheOutlookfor Energy each year to encourage broader understanding of energy
issues among policymakers and the public to enable informed decisions on
energy issues.

Among this year′s findings:

• 
  Energy demand in non-OECD countries will increase 65 percent by 2040
  compared to 2010, reflecting growing prosperity in nations that
  include more than 80 percent of the world′s population.
  
• 
  Electricity generation is expected to account for more than half of
  the increase in global energy demand over the next few decades.
  Natural gas, nuclear and renewables will grow to meet rising
  electricity demand, while coal and oil use for power generation will
  decline.
  
• 
  Global transportation-related energy demand will rise by more than 40
  percent from 2010 to 2040. The growth is almost entirely from
  commercial transportation -- heavy duty, aviation, marine and rail --
  as expanding economies and international trade spur greater movement
  of goods.
  
• 
  Evolving demand and supply patterns will open the door for increased
  global trade opportunities. The changing energy landscape in
  conjunction with an abundance of free trade opportunities will help
  lead to more choices and creation of value that helps fuel economic
  growth and improve living standards worldwide.
  

Demand for reliable, affordable energy exists every day in every
community. Meeting this demand requires foresight and effective
long-term planning followed by huge investments and years of work to
build the infrastructure required to produce and deliver energy around
the world. It also takes an ongoing ability to understand and manage an
evolving set of technical, financial, geopolitical and environmental
risks in a dynamic world. The Outlook for Energy is an essential
tool to help ExxonMobil provide the energy needed for continuing human
progress.

For more information about ExxonMobil′s Outlook for Energy, visit www.exxonmobil.com/energyoutlook.

Cautionary Statement: The Outlook and this release contain
forward-looking statements.Actual future conditions (including
economic conditions, energy demand, international trade flows, energy
supply sources, and efficiency gains) could differ materially due to
changes in law or government regulation and other political events;
changes in technology; the development of new supply sources;
demographic changes; and other factors discussed in The Outlook
and under the heading 'Factors Affecting Future Results' on the
Investors page of our website at www.exxonmobil.com.See also Item 1A of ExxonMobil's latest Form 10-K.

About ExxonMobil

ExxonMobil,
the largest publicly traded international oil and gas company, uses
technology and innovation to help meet the world′s growing energy needs.
ExxonMobil holds an industry-leading inventory of resources, is the
largest refiner and marketer of petroleum products, and its chemical
company is one of the largest in the world. Follow ExxonMobil on Twitter
at www.twitter.com/exxonmobil.

ExxonMobil

Media Relations, 972-444-1107