ExxonMobil algae biofuel partnership claims breakthrough
ExxonMobil and Synthetic Genomics have claimed a significant breakthrough from their eight-year partnership aimed at producing biofuels from algae. Using advanced cell engineering, the research team enhanced the oil content of their algae strain from 20% to more than 40%, and identified ZnCys, a biological switch that regulates the conversion of carbon to oil in Nannochloropsis gaditana, the species of algae.
IRVING, Texas – ExxonMobil today announced the successful startup of its Beaumont refinery expansion project, which adds 250,000 barrels per day of capacity to one of the largest refining and petrochemical complexes along the U.S. Gulf Coast. Supported by the company’s growing crude production in the Permian Basin, the largest refinery expansion in more than a decade will help meet growing demand for affordable, reliable energy.

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