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November 9, 2007

Contact: Sally Gallion

305-348-6631

Carmen Algeciras

305-348-0399

For Immediate Release

Global Energy Outlook—2007-2030 to take place November 14: Exxon Mobil executive to project world’s energy needs and outline factors shaping global energy demand and supply in coming decades.

Miami, FL–– Florida International University’s (FIU) Energy Business Forum will host a presentation and discussion of the Global Energy Outlook—2007 to 2030 on November 14, 2007. The event will take place in the new Ocean Bank Auditorium, College of Business Complex, University Park, beginning at 11:00 a.m. Guest speaker Scott Nauman, manager for Economics and Energy in the Corporate Planning Department of ExxonMobil, will present the outlook, followed by a question and answer session.

The purpose of the presentation is to foster a better understanding of the world's energy needs and the factors that will shape global energy demand and supply in the coming decades.

The presentation will include an assessment of energy supply and demand through 2030, discuss the link between economic progress and energy consumption, and examine the underlying factors that are shaping important energy supply and demand challenges around the world. The Energy Outlook also will cover renewables, growing power generation and transportation demands, and the reduction of CO₂ emissions.

ExxonMobil is the largest private energy corporation in the world and its Energy Outlook is one of the most respected in the energy industry. Every year, the firm prepares a detailed, long-term energy supply and demand outlook that it uses as part of its business planning. The report, which extends to 2030, incorporates data and input from a variety of respected sources, including the International Energy Agency and the U.S. Department of Energy.

This event is presented by the Energy Business Forum of the Knight Ridder Center for Excellence in Management in FIU’s College of Business Administration and the Center for Energy and Technology for the Americas in the Applied Research Center. The event is sponsored by ExxonMobil.

About Guest Speaker Scott Nauman, Manager for Economics and Energy in the Corporate

Planning Department of ExxonMobil. Scott Nauman graduated from the University of Southern California with a degree in chemical engineering in 1979. He started his career with Exxon during the 1980's. In the mid-1990's, after holding a variety of technical and managerial positions within Exxon's domestic upstream segment, he participated in business development ventures in Russia, Azerbaijan, and Kazakhstan. In 1997, he joined the company's international natural gas organization, where he was involved in projects in the Middle East and southeastern Asia. This work included commercial coordination of the company's gas-to-liquids efforts. From 2001 until 2004, he served as ExxonMobil's manager of Gas Marketing for the Americas. In mid-2004, he moved to his current assignment as manager of the Economy and Energy Division in ExxonMobil's Corporate Planning Department, where he is responsible for overseeing the company's long term energy and economic outlook. During the past three years, Scott has made numerous presentations at a variety of international conferences, including the Middle East Oil Show, the Asia Oil & Gas Conference, the 14th Annual Latin American Energy Conference and the Corporate Council on Africa Conference.

About Florida International University’s Energy Business Forum

While recognizing the key role fossil fuels will continue to play in the world’s energy mix, the focus of the Energy Business Forum is to contribute to energy security by acting as a catalyst for the public and private sectors to develop a diverse portfolio of commercially sustainable alternative fuels, many of which will be renewable and based on new technologies. Led by business and technology leaders Dr. Edward Glab and Dr. George Philippidis, the Forum calls upon experts with industrial and market experience in oil, gas, and biofuels, including cellulosic ethanol, and other novel fuels. More information can be found at http://krcem.fiu.edu/energy.html or by calling (305) 348-0399.

About Florida International University’s College of Business Administration

Florida International University’s College of Business Administration, South Florida’s leading business school with unique expertise in international business, entrepreneurship, and a broad range of financial services, is the largest of the university’s professional schools. Among the college’s nearly 30,000 alumni are some of South Florida’s most successful business leaders and entrepreneurs. More than 6,000 students are enrolled in undergraduate business courses in its R. Kirk Landon Undergraduate School of Business, and more than 1,000 graduate students study in its Alvah H. Chapman, Jr, Graduate School of Business every year. Another 1,000 business professionals participate annually in one or more of its professional and executive education programs.

For additional information about the college, please visit http://business.fiu.edu/ or contact Sally Gallion, assistant dean, at 305-348-6631, [email protected]/

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