Energy Transition

ExxonMobil pursues biofuels with Biojet AS acquisition

The US supermajor gets a 49.9% stake in Biojet AS and will purchase up to 3 million barrels of biofuel per year

Acquisition: Darren Woods, chairman and chief executive of ExxonMobil presented the company's views on innovative energy solutions at the 23rd World Petroleum Congress held in Houston in December
Acquisition: Darren Woods, chairman and chief executive of ExxonMobil presented the company's views on innovative energy solutions at the 23rd World Petroleum Congress held in Houston in DecemberPhoto: Phil McCarten/CorporateEventImages/Upstream
Houston
ExxonMobilIan CarrUSANorwayImperial Oil
Published 11 January 2022, 17:30Updated 11 January 2022, 17:30