If the alliance is successful, pumping algae-based gasoline at Exxon service stations is still several years away and will mean additional, multibillion-dollar investments for mass production.

Money talks, but how can we know what it's saying? Exxon Mobil is investing $600 million into a 5- to 6-year algae biofuel project with biotech company Synthetic Genomics. The biofuel will be made ...

Technology: Strains of algae engineered by Synthetic Genomics excrete oils that could be refined to make biofuels, including equivalents of gasoline and diesel. In partnership with ExxonMobil ...

ExxonMobil withdrew from a 10-year project just this year, citing high costs and the limitations of algae to be competitive ...

Exxon Thinks It Can Create Biofuel From Algae At Massive Scale The oil and gas giant says it could be making 10,000 barrels a day within a few years--a small drop in the amount of oil it produces ...