View Exxon Algae Farm Pictures. Its aim was to develop gene editing on algae to make them produce versions of diesel and jet fuel. Exxon is joining a biotech company, synthetic genomics inc.
Unexpected Energy: How Scientists Are Tapping Algae ... from techii.org Exxon mobil says that where some farms grow food its algae farm is growing fuel for the future. Algaculture can involve growing many different species of algae. Oil giant exxon mobil corp.
Seambiotic launched its first commercial algae farm this year in china to help the growing country capture carbon while creating a nutritious byproduct.
Exxon is joining a biotech company, synthetic genomics inc. Exxon said that if venter's synthetic genomics inc. Algae didn't evolve to produce tens of thousands of gallons of oil per acre. In 2009, the oil giant announced plans to invest $600 million in these biofuels in partnership with a biotech startup, synthetic genomics inc., if certain milestones were met.