In a major move forward for algae-based biofuel, US feedstock producer Cellana has inked a multi-year deal for commercial-scale quantities. Finnish company Neste Oil, one of the world's biggest ...

The MarketWatch News Department was not involved in the creation of this content. Algae-Based Biofuel Market to Reach USD 19.16 Billion by 2032 as Sustainable Aviation Fuel and Energy Security ...

The oil giant is quitting an area of research it has long held up as part of a clean "energy future." Reading time 3 minutes It’s the end of an algal era: Exxon is backing out of a biofuel effort that ...

Microalgae have attracted growing attention as a promising platform for sustainable biofuel production because they can use photosynthesis to convert carbon dioxide into energy-rich compounds without ...

Microalgae have emerged as a promising solution for wastewater treatment and biofuel production due to their high metabolic efficiency and ability to utilize nutrients. However, large-scale algal ...

Exxon Mobil’s scientists delivered a grim message to one of the oil company’s top strategic-planning executives in February 2020: Its much-heralded algae biofuels program was falling well short of its ...

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 widespread use. Now, researchers ...

LONDON (Reuters) - Water management company Aqualia plans to launch a commercial-scale demonstration project using waste water to cultivate algae for biofuel production, which could fuel 400 vehicles, ...

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 ...

LONDON--(BUSINESS WIRE)--Technavio market research analysts forecast the global algae oil market to grow at a CAGR of close to 4% during the forecast period, according to their latest report. The ...