EMPS
What are the Value Chains in EMPS?
Energy Products
Specialty Products
Chemical Products
By which year does ExxonMobil aim to achieve net-zero emissions from its operated assets?
By 2050
What's the definition of crude?
- a mixture of chemical compounds
- a mixture of hydrocarbons found underground
- unrefined petroleum product composed of hydrocarbon
- natural mineral oil
What does "COGS" stand for?
Cost of goods sold
What does LCS stand for?
Low Carbon Solutions
True or False? EMPS is the second largest producer of PE & Intermediates in the world.
False, we are the largest producer.
How much is ExxonMobil investing in lower emission initiatives over the next 6 years?
15 Billion $
What is Cracking?
Thermal or chemical process breaking of long chain hydrocarbons to smaller chain.
True or False: Focusing on a Value-pricing model is more focused on customer needs versus product costs.
True.
Where is CS located that supports both NA and EAME?
Prague and Budapest
Name two of the four business units in Specialty Products.
a) Basestocks & Waxes
b) Catalysts & Technology Licensing
c) Aromatics
d) Intermediates
e) Elastomers & Resins
f) Finished Lubricants
g) Synthetics
True or False: Scope 2 emissions are from company-owned operations and controlled sources.
False: This is Scope 1 emissions. Scope 2 emissions are indirect emissions from the generation of electricity or steam imported for use in company operations.
Refining converts Crude Oil to what 3 primary marketable products?
Gasoline, Jet Fuel and Diesel
True or false: The goal of Revenue Management is to grow revenue and maximize profitability through a deep understanding of our customers, competitors and markets.
True
Name the ExxonMobil core values?
Integrity , Care , Resilience, Courage, Excellence
Name ONE of the five PRODUCT SOLUTIONS strategic priorities.
1. Unlock potential of our people.
2. Grow high-value products.
3. Improve portfolio value.
4. Lead in sustainability.
5. Most efficient competitor.
What is the "expected percentage to reduce absolute corporate emissions"? Hint: Provide a percentage or how many million metric tons.
About 20% or around 23 million metric tons.
Name one of the four ways to characterize a barrel of crude oil?
1. Gravity (density)
2. Distillation Curve
3. Sulfur Content
4. Total Acid Number (TAN)
True or False: Revenue Management and Pricing are different names for the same thing.
False. Revenue management focuses on the long term, while pricing focuses on the tactical. Pricing is only one part of Revenue management.
Name at least 4 of the 7 components of the Order-to-cash (O2C) process.
1. Account setup & maintenance
2. Order entry
3. Credit
4. Operations & fulfillment
5. Billing & invoicing
6. A/R monitoring and collections
7. Cash application
Which one is the largest EMPS organization that supports the value chains?
Operations
(A group that has ~15k employees worldwide providing an integrated portfolio of world-class chemical plants, refineries, lube oil blend plants, fleet, pipeline and distribution facilities).
Name 3 fuel products that help customers reduce their emissions.
1. Differentiated Diesel
2. Advanced Biodiesel
3. Marine Biofuel Oil
4. Sustainable Aviation Fuel
5. Low Carbon eFuels
What % of the refining process is Lubes and Wax?
a) 1%
b) 2%
c) 5%
d) 8%
b) 2%
Name one of the three foundational models used by Revenue Management.
1. Process Model
2. Maturity Model
3. Value Models
In Trading which of the following are true?
1)Retail gasoline and diesel sales are Trading
2)Bi-lateral trades are made via a commodity exchange
3)Derivatives are financial contracts whose value is based on another asset
4)Trading only involves buying and selling derivatives
3) Derivatives are financial contracts who value is based on another asset