Posts tagged with the keyword: ‘algae biodiesel project’

Exxon Sinks $600M Into Algae Based Biofuels in Major Strategy Shift

Exxon Sinks $600M Into Algae Based Biofuels in Major Strategy Shift

Oil giant Exxon Mobil Corp. is making a major jump into renewable energy with a $600 million investment in algae-based biofuels. Exxon is joining a biotech company, Synthetic Genomics Inc., to research and develop next-generation biofuels produced from sunlight, water and waste carbon dioxide by photosynthetic pond scum. “The world faces a significant challenge to [...]


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