Yield10 Bioscience recently announced an agreement with Marathon Petroleum Corp. for a potential investment and offtake agreement for low-carbon intensity Camelina feedstock oil to use in renewable fuels production.

“Yield10 continues to execute on our commercialization plan to supply low-carbon intensity Camelina feedstock oil to the growing North American biofuel market through a network of supply chain alliances,” said Oliver Peoples, Ph.D., President and Chief Executive Officer of Yield10 Bioscience. “We look forward to working closely with Marathon’s team to finalize a definitive investment and offtake agreement as the basis for a strategic alliance in biofuels over the long term.”