ExxonMobil, one of the world's largest energy companies by operational size and market capitalization, is reaching into its wallet in a big way.
Exxon sees significant global energy demand growth – even with the considerable efficiency gains that many expect – and is solidifying its position as a major global supplier of the both the raw commodities and finished products that will fuel global consumption.
The company's Chairman and CEO Rex Tillerson announced that ExxonMobil will invest roughly $185 billion will over the next five years in major upstream, downstream and petrochemical projects across the globe.