7/31/2023 0 Comments Fuel technology synergy gas pump![]() The oil and gas industry is facing increasing demands to clarify the implications of energy transitions for their operations and business models It does aim to map out the risks facing different parts of the industry, as well as the range of options and responses. This report does not aim to provide definitive answers, not least because of the wide diversity of oil and gas companies and company strategies around the world. This is the topic taken up by the International Energy Agency (IEA) in this report, which builds on a multi‑year programme of analysis on the future of oil and gas in the IEA World Energy Outlook ( WEO) series. The increasing social and environmental pressures on many oil and gas companies raise complex questions about the role of these fuels in a changing energy economy, and the position of these companies in the societies in which they operate.īut the core question, against a backdrop of rising GHG emissions, is a relatively simple one: should today’s oil and gas companies be viewed only as part of the problem, or could they also be crucial in solving it? For more information, visit follow us on Twitter oil and gas industry is facing increasing demands to clarify the implications of energy transitions for their operations and business models, and to explain the contributions that they can make to reducing greenhouse gas (GHG) emissions and to achieving the goals of the Paris Agreement. ![]() 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. Visit more information.ĮxxonMobil, the largest publicly traded international oil and gas company, uses technology and innovation to help meet the world's growing energy needs. Major product lines include: fuel dispensers, pump media, point-of-sale systems, payment systems, tank gauges, software development and integration, fleet management systems, and nozzles. For over 150 years, Gilbarco has earned the trust of its customers by providing long-term partnership, uncompromising support and proven reliability. Gilbarco Veeder-Root is the worldwide technology leader for retail and commercial fueling operations offering the broadest range of integrated solutions from the forecourt to the convenience store and head office. "We are pleased to work with ExxonMobil on this program to help ensure that their retailers have the equipment necessary to protect their customers and their brand, while also improving their businesses." "Leading retailers are leveraging the upgrade to EMV dispensers to take advantage of new technologies to drive sales, customer loyalty and operational efficiency," said Mark Williams, Vice President of Marketing, North America for Gilbarco. As part of the upgrade, branded wholesalers have the option to leverage additional solutions that can come with the upgrades to drive sales and customer loyalty, including media and merchandising-capable screens that promote in-store products and services to consumers at the pumps. The program also defrays the cost of conversion for participating wholesalers. ![]() The dispensers will also come completely outfitted with ExxonMobil's new Fuel Technology Synergy™ graphics to refresh the site's brand image and drive more forecourt traffic. Additionally, Gilbarco's HD meter™ improves profitability via reduced meter drift and fewer calibrations. Available features include contactless payment acceptance and Gilbarco's Insite360™ remote monitoring and management service. The limited-time program offered by Gilbarco and ExxonMobil features dispensers with cutting-edge technology, including the FlexPay™ IV CRIND ®for EMV payment acceptance. It is important to us that our branded wholesalers continue to move toward EMV compliance." ![]() "In addition to updating existing dispensers to new state-of-the-art equipment that will provide for a better consumer experience and overall brand image enhancement in the forecourt, our branded wholesalers will also have the necessary EMV-compliant equipment in place when the liability shift takes place in 2020. "We have implemented this program for a number of reasons," said John Rhodes, Americas Retail Director for ExxonMobil Fuels, Lubricants & Specialties Marketing Company. Gilbarco Veeder-Root, in cooperation with ExxonMobil, today announced that it has launched a program to encourage Exxon and Mobil branded wholesalers to convert or update their forecourt equipment and systems for EMV™ (EMV™ is a trademark owned by EMVCo LLC).
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