Esso Norge becomes part owner in Biojet (ended 2023)

IRVING, Texas – ExxonMobil is expanding its interests in biofuels that can help reduce greenhouse gas emissions in the transportation sector, acquiring a 49.9% stake in Biojet AS, a Norwegian biofuels company that plans to convert forestry and wood-based construction waste into lower-emissions biofuels and biofuel components.

ExxonMobil ended their engagment in Biojet during autumn 2023,