The company’s scientists didn’t agree with the way the project was presented to investors.

Scientists at Exxon Mobil (XOM) told one of the company’s top strategic planning executives in early 2020 that a $500M algae biofuels program was falling well short of its stated goals, The Wall ...

Exxon Mobil’s (XOM) scientists told one of the oil major’s top strategic-planning executives in February 2020 that its much-heralded algae biofuels programs was not close to hitting its stated goals, ...

ATLANTA, March 25, 2026 — Biodiesel is a renewable fuel and offers a sustainable and potentially carbon-neutral alternative to petroleum products. Yet production costs remain a hurdle to its ...

Internal documents reveal ExxonMobil scientists raised serious concerns about the viability of the company’s algae biofuels program even as executives continued promoting it to investors as a ...

A group of scientists has discovered a species of algae that is capable of being selectively bred and could help create a renewable alternative to fossil fuels. Algae has already been used to produce ...

Biofuels made from algae have had their time in the sun, with years of highly publicized investments from fossil fuel companies, such as Exxon and Chevron, and studies showing potential for the energy ...

New research using real-world data casts doubt on the energy efficiency of diesel alternatives that come from phytoplankton. Biofuels made from algae have had their time in the sun, with years of ...

LA JOLLA, Calif.--(BUSINESS WIRE)--Viridos, Inc., the leading algae biofuel company dedicated to creating sustainable, low-carbon, algae-based jet and diesel fuel, announced today that it has raised a ...

Renewable-fuel retailer Propel Fuels and biofuel maker Solazyme report good results from their 30-day pilot program of an algae-derived biodiesel, called Soladiesel. The two companies offered the ...

Martek Biosciences, a company that has been working on growing algae for conversion into microbial oils and biofuels, has inked a $10 million deal with energy leader BP for the joint development of ...

NORFOLK, Va. -- The scientists from Old Dominion University stood on the roof of the local sewage plant and smiled. "Look at the color," said Margaret Mulholland, pointing to emerald-green slime ...