埃克森美孚Exxon Mobil Corporation (XOM) 2004年年度报告「NYSE」.pdf

1、2 0 0 4SU M M A R YAN N U A LRE P O R TInitial production from the Kizomba Aproject occurred in August 2004,settingan industry record for project executiontime from contract award to first oil for a project of this size.Production from the36-slot tension leg platform(shown hereand on the cover)is tr

2、ansferred to theworlds largest floating production,storage,and offloading vessel.To Our Shareholders2-3Financial Highlights4-5Technology6-7Upstream8-17Downstream18-25Chemical26-31Corporate Citizenship32-36Financial Summary37-43Frequently Used Terms44-45Directors,Officers,and Affiliated Companies46-4

3、7Investor Information48-49TABLE OF CONTENTSThe term Upstream refers to exploration,development,production,and gas and power marketing.Downstream refers to the refining and marketing of petroleum products such as motor fuels and lubricants.Projections,targets,expectations,estimates,and business plans

4、 in this report are forward-looking statements.Actual future results,including demandgrowth and energy mix;capacity growth;the impact of new technologies;capital expenditures;project plans,dates,and capacities;production ratesand resource recoveries;and efficiency gains and cost savings could differ

5、materially due to,for example,changes in long-term oil and gas prices orother market conditions affecting the oil and gas industry;reservoir performance;timely completion of development projects;war and other political or security disturbances;changes in law or government regulation;the actions of c

6、ompetitors;unexpected technological developments;theoccurrence and duration of economic recessions;the outcome of commercialnegotiations;unforeseen technical difficulties;and other factors discussed in this report and under the heading“Factors Affecting Future Results”in Item 1 of ExxonMobils most r