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An algae growth pond at Exxon Mobil Corp.'s biofuels facility. The oil company has publicized its efforts to turn algae into transportation fuel, but experts doubt it can be done profitably. Exxon ...
ExxonMobil's $600 million partnership with Synthetic Genomics to develop next-generation biofuels from photosynthetic algae is already being cast as a shift in the conservative company's modus ...
Exxon sees green gold in algae-based fuels. Skeptics see greenwashing. The oil giant, under pressure to address climate change, says it is getting closer to making the biofuel viable ...
What’s with Exxon’s big algae push? ExxonMobil says it's developing a low-carbon fuel that will change the way we power everything from cars to jet planes. Here are the issues with that.
Algae has tremendous promise as an alternative fuel. But Exxon’s pullout from algae research is a major setback.
Exxon Gives Up on Much-Hyped Algae Biofuels The oil giant is quitting an area of research it has long held up as part of a clean "energy future." By Molly Taft Published February 13, 2023 ...
Oil giant ExxonMobil’s decision to abandon its 14-year, multimillion-dollar support for research into making fuel from algae ended years of funding for projects at the Colorado School of Mines ...
Years after most major oil companies abandoned algae biofuel projects, Exxon is still committed, even though several scientists say it's uneconomical.
Brown and his team, in collaboration with ExxonMobil engineers, are currently fine-tuning their farming methods using natural species of algae, but in the near future, they hope to test lab ...
In February, ExxonMobil gave up its decade-long attempt to cultivate algae as a profitable and scalable feedstock for biofuel — a liquid alternative energy source needed to power aviation, ocean ...
The oil and gas giant says it could be making 10,000 barrels a day within a few years--a small drop in the amount of oil it produces, but a huge boost in the amount of algae-based biofuel.