Posts Tagged: "ExxonMobil"

Evolution of Technology: Butyl rubber puts Sparks, Thomas into National Inventors Hall of Fame

William Sparks and Robert Thomas were inducted into the National Inventors Hall of Fame earlier this year for inventing butyl rubber, which was patented on August 22, 1944. Starks and Thomas mixed Vistanex with a small amount of butadiene in a washing machine. When the spin cycle concluded they were left with the first batch of butyl rubber which the world has ever seen. Compared to other synthetic rubbers, butyl rubber offered a similar strength and flexibility to natural rubber. It could be used in low-temperature settings without cracking and its high impermeability to air and gases made it a good solution as an airtight sealant.

Innovation A, B, C’s: Amazon, Boehringer and Chevron Disrupt World’s Top Innovator List

According to Thomson Reuters 2015 list of Top 100 Global Innovators, Amazon and several other established players in mature markets are proving that it’s not just start-ups that have the potential to upend traditional business models and reinvent our world. In fact, several of the companies new to this year’s ranking of top innovators have been around a lot longer than Amazon, among them: Boehringer Ingelheim, Chevron, Exxon Mobil, Johnson Controls, Thales, and Yamaha.

ExxonMobil flexes patent muscle in offshore drilling, monetizing remote gas

A couple of patent applications that we discovered during our recent survey showed us evidence of a large focus on systems that optimize liquefied natural gas production operations. An enhanced system for planning the shipping of liquefied natural gas so as to optimize the profitability of a liquefied natural gas portfolio is discussed within U.S. Patent Application No. 20140310049, which is titled Method of Generating an Optimized Ship Schedule to Deliver Liquefied Natural Gas. Optimizing the profitability of LNG portfolios is also at the center of U.S. Patent Application No. 20140344000, titled Systems and Methods for Valuation and Validation of Options and Opportunities in Planning and Operations for a Liquefied Natural Gas Project or Portfolio of Projects.