Book Name : Private Empire ExxonMobil and American Power
Author : Steve Coll
Genre : Non-Fiction
What is it about? : About the workings of one of the World’s largest companies ‘ExxonMobil’.
How I came to read it : I picked up this book on recommendation of a friend Suyog Likhite. With a view towards increasing my outlook about the Energy Scenario in the world I thought this would be a good read.
Did I like it?
It got a bit tedious at times but it was an eyeopener. We get to know the inner workings of companies like ExxonMobil and what drives them. Exxonmobil, an Oil and Gas Multinational is one of the largest companies in the world by revenue. Its numbers are simply mind boggling. It has revenues of around 200 Billion and produces around 2.3 Million Barrels of oil per day!
But the most fascinating part for me was the revelation that Exxonmobil did a systematic lobbying for climate change denial for a long time. Only in 2014 did it publicly acknowledge that climate change is a risk.
Extremely detailed and some eye popping numbers make this book a must read for understanding how the Oil and Gas industries work and what makes the world so dependent on them.