ExxonMobil Launches Biofuels Development Program
Oil giant ExxonMobil has launched a $600 million program to research and develop biofuels, including jet fuel, from photosynthetic algae. The company is a major supplier of petroleum-based jet fuels, including JP-5 and JP-8. ExxonMobil has formed an alliance with biotech company Synthetic Genomics...
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