Article April 20, 2020
Advancing Science: Partnering with the Department of Energy’s National Labs
ExxonMobil will work with the Department of Energy’s National Labs to bring lower emission technologies to commercial scale. This work includes collaborative research in areas such as biofuels, carbon capture and storage, and lifecycle analysis.
Article April 20, 2020
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Advancing Science: Partnering with the Department of Energy’s National Labs
R&D partnerships overview
ExxonMobil has a robust commitment to R&D investment. Since 2000, we have spent $16.5 billion on R&D across all sectors of our business. With a mandate to meet the dual energy challenge—powering the world while lowering emissions—ExxonMobil entered a 10-year partnership in 2019 with two Department of Energy National Labs to research and develop groundbreaking technologies for reducing carbon output. This collaboration with DOE’s National Renewable Energy Laboratory (NREL) and National Energy Technology Laboratory (NETL) will include research on biofuels, carbon capture and storage, and lifecycle analysis. The partnership is one of the largest agreements between the Department of Energy’s network of national laboratories and the private sector.
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Energy and innovation Topic