ExxonMobil and Global Clean Energy have expanded their five-year agreement to increase ExxonMobil’s purchase of renewable diesel up to 5 million barrels per year.
ExxonMobil will be the exclusive buyer of renewable diesel from Global Clean Energy’s biorefinery in Bakersfield, Calif., which is on schedule to begin production in early 2022. The renewable diesel leverages Global Clean Energy’s patented camelina crop, which can significantly reduce life-cycle greenhouse gas (GHG) emissions.
“Our expanded agreement with Global Energy reinforces ExxonMobil’s longstanding efforts to support society’s ambitions for lower-emission fuels,” says Ian Carr, president of ExxonMobil Fuels and Lubricants Co. “Through our growing relationship, we remain focused on bringing renewable fuels to market that make meaningful contributions to help consumers reduce their emissions.”
