From oilbusiness to algaebusiness? Print

ExxonMobil and Chevron Invest in Synthetic Biology - writes The Green Economy Post. In July, ExxonMobil entered into a $600 million venture with Synthetic Genomics, a firm founded by biotech pioneer Dr. Craig Venter. “Synthetic Genomics has already engineered strains of algae that secrete oil from their cells,” writes the FT’s Clive Cookson - writes Ben Blank, Research Analyst II at KLD.  Will oil companies transform themselves into algae companies? Read the whole analysis from Ben Blank at the original location of the article
Image: Microalgae that produce lipids for conversion to biodiesel fuel ("Courtesy of DOE/NREL" )