Italian oil giant Eni, the City of Turin, GTT (Gruppo Torinese Trasporti) and Amiat, an Iren Group company, have signed an agreement to launch a large-scale experimental project with Turin buses using Eni Diesel+, the new Eni fuel with a 15% of renewable component. Under the agreement, the Turin public transport company will pay Eni Diesel+ at the same price as the diesel fuel that its vehicles have used on the urban network up to now. This follows Eni’s success at the tender to supply the fuel for Turin’s buses.
ExxonMobil, the largest publicly traded petroleum and petrochemical enterprise in the world, and Synthetic Genomics Inc., a global leader in the fields of synthetic biology and synthetic genomics, achieved a breakthrough in joint research into advanced biofuels involving the modification of an algae strain that more than doubled its oil content without significantly inhibiting the strain’s growth.
Bioindustrial Innovation Canada (BIC) has made a COMM SCI (Centre for Commercialization of Sustainable Chemistry Innovation) investment, whose amount wasn’t disclosed, in Origin Materials through BIC’s Sustainable Chemistry Alliance (SCA) investment fund, as part of an investment round that will see Origin construct its first commercial scale demonstration facility in Sarnia (Ontario) by late 2018.
