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GuideExxonMobil Announced as Title Sponsor for the 2025 Albuquerque International Balloon Fiesta®
Title Sponsorship Will Run Through 2029
ALBUQUERQUE, NM – The Albuquerque International Balloon Fiesta today announced that ExxonMobil will become the event’s title sponsor starting in 2025 and continuing through 2029. The event will be named the ExxonMobil Albuquerque International Balloon Fiesta.
“We are proud to have a sponsor and partner in ExxonMobil. After years of working together, we are excited to collaborate with ExxonMobil to continue Balloon Fiesta’s mission to support the sport of ballooning, the City of Albuquerque, and the State of New Mexico nationally and internationally,” said Judith Nakamura, President of Balloon Fiesta Board of Directors. “This multi-year partnership will help showcase the magic of Balloon Fiesta and the wonders of New Mexico.”
“We’re thrilled to expand our sponsorship for an event that means so much to the Albuquerque community, the state and to our employees,” said Bart Cahir, Senior Vice President ExxonMobil Upstream Unconventional. “Balloon Fiesta is a unique economic driver that proudly showcases New Mexico’s rich cultural heritage, and we are proud of the role ExxonMobil plays in bringing the event to life.”
The Albuquerque International Balloon Fiesta generates more than $200 million for New Mexico’s economy and brings hundreds of thousands of visitors to the Land of Enchantment each year. The 52nd event is scheduled to launch from Balloon Fiesta Park, in Albuquerque, New Mexico, October 5-13, 2024.
About the Albuquerque International Balloon Fiesta
The Albuquerque International Balloon Fiesta, powered by ExxonMobil is a festival of hot air balloons that takes place in October in Albuquerque, New Mexico, USA. It is the largest gathering of balloons and balloonists in the world. For details on events, schedule, entertainment and photographs visit our website www.balloonfiesta.com and follow us on Twitter @BalloonFiesta and Facebook.
About ExxonMobil
ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs.
The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions – provide products that enable modern life, including energy, chemicals, lubricants, and lower emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants, and chemical companies in the world. ExxonMobil also owns and operates the largest CO2 pipeline network in the United States. In 2021, ExxonMobil announced Scope 1 and 2 greenhouse gas emission-reduction plans for 2030 for operated assets, compared to 2016 levels. The plans are to achieve a 20-30% reduction in corporate-wide greenhouse gas intensity; a 40-50% reduction in greenhouse gas intensity of upstream operations; a 70-80% reduction in corporate-wide methane intensity; and a 60-70% reduction in corporate-wide flaring intensity.
With advancements in technology and the support of clear and consistent government policies, ExxonMobil aims to achieve net-zero Scope 1 and 2 greenhouse gas emissions from its operated assets by 2050. To learn more, visit exxonmobil.com and ExxonMobil’s Advancing Climate Solutions.
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