Synthetic Genomics and ExxonMobil Renew Algae Biofuels Research Agreement

Synthetic Genomics and ExxonMobil Renew Algae Biofuels Research Agreement

“The extension of our agreement reflects the tremendous progress made to date, and the promise in using our core synthetic biology technologies to build cell production systems capable of reshaping industries.” Vijay Swarup, vice president for research and development at ExxonMobil Research and Engineering Company, said that renewal of the agreement underscores the importance of the research and recognition of milestones the team has achieved together over the past few years. “Synthetic Genomics and ExxonMobil remain committed to advancing the scientific fundamentals of algal biofuels,” Swarup said. “We know this will be a long-term endeavor and are optimistic based on the results we have seen to date.” The development of algae biofuels and a path toward commercial-scale production remain key components of ExxonMobil’s suite of research projects focused on producing energy to meet global demand while reducing greenhouse gas emissions to mitigate the risk of climate change. Source / More : exxonmobil.com Oil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook]]>

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