Tuesday, December 12, 2017

© Reuters.  Exxon opens third Singapore cogeneration power plant© Reuters. Exxon opens third Singapore cogeneration power plant

  • Exxon Mobil (NYSE:XOM) opens its third cogeneration power plant in Singapore on the site of its Jurong refinery, increasing its total cogeneration capacity in the city-state by nearly 25%.
  • XOM says the new 84 MW plant, which produces both electricity and steam, will increase the energy efficiency of the refinery; together with its two other plants, Jurong has combined power capacity of 440 MW.
  • The start of the facility comes ahead of a proposed carbon tax on direct emitters which would include the three refineries in Singapore, including XOM’s Jurong site.
  • Now read: Dividend Aristocrats In Focus Part 5: Exxon Mobil

Original article

sponsoredArticle = ‘div-gpt-ad-1466339494851-0’;

Banner Content