Oil & Gas Journal: Two US Department of Energy national laboratories and ExxonMobil Corp. plan to invest as much as $100 million over 10 years to advance lower emissions energy technologies that could be brought to a commercial scale. The agreement involving DOE’s National Energy Technology and National Renewable Energy Laboratory is one of the largest between DOE’s labs and the private sector, DOE said on May 8.
“Finding meaningful solutions to address climate change is going to take everyone—governments, companies, and academia—working together,” said Vijay Swarup, vice-president of research and development at ExxonMobil Research & Engineering Co.
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