Research and innovation

Advanced biofuels

We are working alongside scientists at universities, government laboratories and companies to progress the science needed to deliver advanced biofuels with environmental benefits.

Investing in New Technologies

Meeting demand for increased energy supplies

Global demand for energy is projected to grow by about 25 percent through 2040. To expand supplies — while increasing efficiency and mitigating emissions — an integrated set of solutions will be required.

That is why ExxonMobil is funding a broad portfolio of biofuels research programs for new energy sources. ExxonMobil is focused on advanced biofuels that do not compete with food or water supplies. Examples include algae, corn stover, switchgrass or methane emitted from microbial activity in landfills. Among many other benefits, algae can be used to manufacture biofuels similar in composition to today’s transportation fuels.

Research and development highlights

~50%

lower life cycle greenhouse gas emissions will be produced by algal biofuels as compared to petroleum-derived fuel

~$250M

ExxonMobil investment in biofuels research in the last decade
We are targeting

1,500 gallons

fuel per acre per year potentially yielded from algae — five times more fuel per acre than from sugar cane or corn