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Last updated on May 24, 2013 at 1:20 EDT

Latest Sapphire Energy Stories

2013-05-22 12:24:05

Leading Green Crude Oil Producer Taps Esteemed Bioengineer, Dr. Matthew Croughan, to Drive Company's Technology Roadmap SAN DIEGO, May 22, 2013 /PRNewswire/ -- Sapphire Energy, Inc., one of the world leaders in algae-based Green Crude oil production, today announced that Dr. Matthew Croughan will join the company as Chief Technology Officer. Dr. Croughan is a world renowned engineer and researcher in industrial bioprocessing, having most recently served as George B. and Joy Rathmann...

2013-03-20 12:21:46

Sapphire Achieves Major Milestone with Continuous Green Crude Oil Production SAN DIEGO, March 20, 2013 /PRNewswire/ -- Sapphire Energy, Inc., a leader in algae-based Green Crude oil production, today announced it has entered into a commercial agreement with Tesoro Refining and Marketing Company, LLC, a subsidiary of Tesoro Corporation. Under the agreement, Tesoro will purchase crude oil from Sapphire Energy's Green Crude Farm in Columbus, New Mexico, which recently reached a new...

2013-01-08 12:21:40

SAN DIEGO, Jan. 8, 2013 /PRNewswire/ -- Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced Thomas 'Tom' Willardson has joined the company as Chief Financial Officer. In this role, Willardson brings more than 30 years of experience in leading financial initiatives for public and privately held companies, including serving as CFO for Aurora Algae, Inc.; Energy Recovery, Inc.; and Cost Plus, Inc.; among others. At Sapphire Energy,...

2012-11-13 12:22:43

SAN DIEGO, Nov. 13, 2012 /PRNewswire/ -- Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced the appointment of Jeff Webster as Chief Operating Officer (COO). In this role, Mr. Webster brings more than 28 years of broad industry experience across biotech, renewable energy, agriculture, and oil & gas, including setting strategic direction and leading implementation of successful new business initiatives for...

2012-11-01 11:22:22

SAN DIEGO, Nov. 1, 2012 /PRNewswire/ -- Sapphire Energy, a world leader in producing crude oil from algae, and Institute for Systems Biology (ISB), the pioneers of the cross-disciplinary and integrative systems approach to research, today announced a strategic partnership to further the scientific research and development of algae biofuels. Through this partnership, the companies will focus on applying systems biology solutions to algae with the goal of significantly increasing oil...

2012-08-27 06:21:44

COLUMBUS, N.M., Aug. 27, 2012 /PRNewswire/ -- Sapphire Energy, Inc., one of the world leaders in algae-based green crude oil production, today announced the first phase of its Green Crude Farm, the world's first commercial demonstration algae-to-energy facility, is now operational. Construction of this first phase, which began on June 1, 2011, was completed on time and on budget. When completed, the facility will produce 1.5 million gallons per year of crude oil and consist of...

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...

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,...

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....