ExxonMobil (still) Sees Green Gold

 Seagriculture EU 2024

A​​​​s the Wall Street Journal recently reported, ExxonMobil says it is closer to its goal of fueling jet planes and heavy trucks with oil distilled from algae using genetic engineering. Building on recent successes, including the development of a higher-oil algae strain, ExxonMobil and Viridos, formerly Synthetic Genomics, are scaling up their algae research and aiming to have the technical ability to produce 10,000 barrels of algae biofuel by 2025. With government subsidies and incentives, they say they are on pace to make algae biofuel commercially viable by the end of the decade.

Some scientists regard ExxonMobil Corp.’s long-running quest to turn algae into a transportation fuel as little more than a PR stunt. The oil giant says they are wrong. Vijay Swarup, the company’s vice president for research and development, said he is aware of the perception that the company is using algae research to burnish its green credentials. ExxonMobil made overly optimistic promises that have fed that criticism, Mr. Swarup said, but the project and its progress are real.

“There is always this irrational optimism and exuberance in the beginning,” Mr. Swarup said. “You have to have a vision. After that, it’s ‘show the progress.’”

This video shows some of the R&D work being done by the Viridos-ExxonMobil partnership.

All rights reserved. Permission required to reprint articles in their entirety. Must include copyright statement and live hyperlinks. Contact editorial@algaeplanet.com. Algae Planet accepts unsolicited manuscripts for consideration, and takes no responsibility for the validity of claims made in submitted editorial.

Seagriculture USA 2024
AlgaeMetrics

Subscribe

Breaking-News

  • April 19, 2024: Hospitalized COVID-19 patients who took spirulina had a lower risk of death than those who did not, according to results of a randomized controlled trial recently published in Frontiers in Immunology. READ MORE...
  • April 17, 2024: A research team exploring the untapped potential of seaweed farming for carbon sequestration is positioning Taiwan to play a role in offsetting global carbon emissions. READ MORE...
  • April 15, 2024: Somater, a French manufacturer of plastic and polymer primary packaging for cosmetics, pharmaceuticals, food, and industry, has partnered with French start-up Eranova to create a 100% bio-based line of packaging from green algae collected on the banks of a brackish water lagoon near Marseille, in the south of France. READ MORE...
  • April 12, 2024: Global warming is triggering significant shifts in temperate macroalgal communities worldwide, favoring small, warm-affinity species over large canopy-forming, cold-affinity species. A new study delves into the impacts of increasing sea surface temperature on the subtidal macroalgal communities in the southeastern Bay of Biscay over the last four decades. READ MORE...

Algae Europe 2024

A Beginner’s Guide