ExxonMobil expands renewable fuels agreement with Global Clean Energy Holdings. ExxonMobil will be the exclusive buyer of renewable diesel from Global Clean Energy’s biorefinery in Bakersfield, California, 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 emissions.
Ian Carr, president of ExxonMobil Fuels and Lubricants Company.
Our expanded agreement with Global Clean Energy reinforces ExxonMobil’s longstanding efforts to support society’s ambitions for lower-emission fuels.
“Through our growing relationship, we remain focused on bringing renewable fuels to market that make meaningful contributions to help consumers reduce their emissions.”
Based on analysis of California Air Resources Board data, renewable diesel from various non-petroleum feedstocks can provide life-cycle greenhouse gas emissions reductions of approximately 40 percent to 80 percent compared to petroleum-based diesel.
When cultivated as a cover crop on rotational dryland, camelina can help meet the growing global demand for lower-carbon non-petroleum feedstocks.
Richard Palmer CEO of Global Clean Energy Holdings.
Our work at the Bakersfield biorefinery is a perfect example of what can be accomplished when an industry leader like ExxonMobil supports a growing renewables company like Global Clean Energy with long-term contracts.
“By working together across traditional agricultural, energy and supply chain lines, we are showing how ag and energy, big and small, can collaborate to bring lower-carbon fuels to market.”
The Bakersfield biorefinery will process up to 15,000 barrels per day of renewable feedstocks, including Global Clean Energy’s proprietary camelina. The balance of renewable diesel will be produced using various non-petroleum feedstocks, including used cooking oil, soybean oil, distillers’ corn oil and other renewable sources.
READ the latest news shaping the biofuels market at Biofuels Central
The original agreement signed in August 2020 committed ExxonMobil to purchase 2.5 million barrels of renewable diesel per year. Following production startup, ExxonMobil plans to distribute the renewable diesel within California and potentially other U.S. and international markets.
- 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.
- Five-year agreement to purchase renewable diesel from Bakersfield biorefinery increases up to 5 million barrels per year
- Renewable fuel using Global Clean Energy’s patented camelina crop can significantly reduce greenhouse gas emissions
- Biorefinery startup on schedule for early 2022
ExxonMobil expands renewable fuels agreement with Global Clean Energy Holdings,IRVING, Texas, April 22, 2021
