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Latest Green crude Stories

2012-06-12 02:22:22

SAN DIEGO, June 12, 2012 /PRNewswire/ -- Sapphire Energy, Inc. today welcomed new members to its Scientific Advisory Board as the company readies its first algae-to-energy commercial demonstration facility.The new board members represent some of the most innovative academics across key scientific and engineering disciplines, including chemistry, molecular biology, plant biology, biotechnology, and chemical engineering. The board includes four members of the U.S. National Academy of Sciences....

2012-04-02 06:21:17

SAN DIEGO, April 2, 2012 /PRNewswire/ -- Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced it has secured the final tranche of a $144 million Series C investment funding. The Series C backers include Arrowpoint Partners, Monsanto, and other undisclosed investors. All major Series B investors have participated. With this investment round, Sapphire Energy's total funding from private and public sources substantially exceeds...

2012-02-29 09:00:00

SAN DIEGO, Feb. 29, 2012 /PRNewswire/ -- Sapphire Energy, Inc., one of the world leaders in algae-based crude oil production, today announced it has entered into a licensing agreement with Earthrise Nutritionals LLC, a producer of spirulina and spirulina-based products for over 25 years. Sapphire Energy will integrate Earthrise Nutritionals' spirulina strain into its growing inventory of cyanobacteria and algae strains for algae-to-energy production. As a result of this agreement, Sapphire...

2011-12-05 10:00:00

SAN DIEGO, Dec. 5, 2011 /PRNewswire/ -- Sapphire Energy, Inc., one of the world leaders in algae-based crude oil, today announced that Nucleic Acids Research Journal has published its white paper, "An exogenous chloroplast genome for complex sequence manipulation in algae." As the site of photosynthesis in plants and algae, the chloroplast is responsible for producing organic molecules from atmospheric carbon dioxide (CO2) and is thus a crucial metabolic engineering target....

2011-05-11 05:00:00

SAN DIEGO and MUNICH, May 11, 2011 /PRNewswire/ -- The technology group, The Linde Group, and Sapphire Energy, Inc., one of the world's leaders in algae-based crude oil, today announced that they have entered into a multi-year agreement to co-develop a low-cost system to deliver carbon dioxide (CO2) to commercial-scale, open-pond, algae-to-fuel cultivation systems. Linde, the leading merchant CO2 supplier in the U.S., will partner with Sapphire Energy, to reduce the costs associated...

2011-03-08 07:00:00

ST. LOUIS, March 8, 2011/PRNewswire/ -- Monsanto Company (NYSE: MON) and Sapphire Energy, Inc. today announced an agreement to enter a multi-year collaboration that will leverage Sapphire's algae-based research platform to discover genes that could be applied to agriculture, particularly in the field of yield and stress. Sapphire Energy is known for its leading work in bio-energy, which involves applying synthetic biology to produce drop-in replacement fuels such as gasoline, diesel, and...

2009-12-04 17:28:00

SAN DIEGO., Dec. 4 /PRNewswire/ -- Sapphire Energy, the leader in algae-based fuel technology, today received another big boost for its groundbreaking energy work. Sapphire was awarded nearly $104.5 million as part of President Obama's American Recovery and Investment Act and the Biorefinery Assistance Program, authorized through the 2008 Farm Bill. The grant is from the U.S. Dept. of Energy for $50 million and the loan guarantee from the U.S. Dept. of Agriculture for $54.5 million....

2009-09-18 13:29:00

NEW YORK, Sept. 18 /PRNewswire/ -- Indicating the true start of the Green Age, Sapphire Energy, the leader in algae-based renewable fuel, joined with the team behind the award winning film FUEL, to complete the first cross-country car tour fueled by a blend of algae-based gasoline in an unmodified engine. The Algaeus completed its 10-day, 3,750 mile US tour that started in San Francisco and arrived into New York City today, September 18th. The Algaeus represents a tangible peek into the...

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2009-02-11 07:20:00

Scientists are hoping algae can help remove greenhouse gases and create new oil reserves. Millions of years ago, algae turned the earth's hostile atmosphere into a life-supporting one through photosynthesis, a process used by plants to turn carbon dioxide and sunlight into oxygen and sugars. Eventually the algae sunk into lake and sea beds, slowly becoming oil. "All we're doing is turning the clock back," Steve Skill, biochemist at the Plymouth Marine Laboratory, told Reuters. "Nature has...

2008-12-22 10:00:00

SAN DIEGO, Dec. 22 /PRNewswire/ -- With 'green energy' a priority topic in homes around the globe, and on President-elect Obama's agenda, Sapphire Energy continues to grow its top-flight professional team with the appointment of Cynthia J. (C.J.) Warner, a top British Petroleum (BP) executive and an expert in refining, transportation and operations, as President, starting February 1, 2009. Warner leaves her post as Group Vice President of Global Refining for BP and will join an already...