Wednesday, June 5, 2019
ExxonMobil (Irving, Texas) is investing up to $100 million over 10 years to research and develop advanced, lower-emission technologies in partnership with the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory and National Energy Technology Laboratory.
The agreement, among the largest between DOE’s laboratories and the private sector, will support research and collaboration into ways to bring biofuels and carbon capture and storage to commercial scale across the transportation, power generation, and industrial sectors.
The agreement, among the largest between DOE’s laboratories and the private sector, will support research and collaboration into ways to bring biofuels and carbon capture and storage to commercial scale across the transportation, power generation, and industrial sectors.