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XOM Exxon Mobil Corp

116.00
-0.24 (-0.21%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Exxon Mobil Corp NYSE:XOM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.24 -0.21% 116.00 116.07 114.13 116.04 28,043,329 01:00:00

ExxonMobil Signs Renewable Diesel Deal With Global Clean Energy Holdings

11/08/2020 5:04pm

Dow Jones News


Exxon Mobil (NYSE:XOM)
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   By Stephen Nakrosis 
 

ExxonMobil on Tuesday said it signed a five-year agreement that will see Global Clean Energy Holdings supply 2.5 million barrels of renewable diesel per year beginning in 2022.

Global Clean Energy will supply ExxonMobil from a refinery in Bakersfield, Calif., which is being retooled to produce renewable diesel, the companies said.

ExxonMobil said it plans to distribute the renewable diesel within California and possibly to other domestic and international markets.

The renewable diesel will be produced using Global Clean Energy's patented varieties of camelina and other non-petroleum feedstocks, the companies said.

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

August 11, 2020 11:49 ET (15:49 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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