Looking at the past reports, Exxon 4Q financial report should arrive towards the end of January, so there are around two months until the end of the question.
However, after the announcement at the start of the year regarding their exit from the algae biofuel market I didn't found any further news linking Exxon and algae based biofuel.
While as a company they are still investing in biofuels, they are now betting on other raw materials like wood (Knock on wood: turning biomass into fuel) and I don't think that they will backtrack and suddenly announce a new algae based project.
That is why I will keep my prediction in line with the crowd and not expect anything before Q1 2024.
Looking at the past reports, Exxon 4Q financial report should arrive towards the end of January, so there are around two months until the end of the question.
However, after the announcement at the start of the year regarding their exit from the algae biofuel market I didn't found any further news linking Exxon and algae based biofuel.
While as a company they are still investing in biofuels, they are now betting on other raw materials like wood (Knock on wood: turning biomass into fuel) and I don't think that they will backtrack and suddenly announce a new algae based project.
That is why I will keep my prediction in line with the crowd and not expect anything before Q1 2024.