In California, OriginOil reported losses of $1.78 million for the first quarter, up from $0.97 million for Q1 2011. Revenues jumped from $0.10 million in Q1 2011 to $0.54 million for Q1 2012, reflecting systems sales to MBD Energy. This week, the company also filed for filed two patents with the USPTO describing its unique […]
In California and Spain, OriginOil and Algasol announced that they will collaborate on the development of an integrated algae growth and harvesting system. By bundling their products, the two companies plan to achieve new levels of cost and performance in micro algae cultivation for biofuels and high value products. Algasol recently entered into a partnership […]
In California, OriginOil reports that, in recent independent third-party testing, the company’s algae harvesting process was able to remove 98% of hydrocarbons from a sample of West Texas oil well ‘frac flowback’ water in the first stage alone. Frac flowback describes water used in a drilling process called ‘hydraulic fracturing’, or ‘fracking’. This test sample […]
In California, OriginOil reported they have received a firm order for their Algae Appliance harvester and other components from Paris La Défense Complex. The order was placed by their French joint venture partner Ennesys for a program that aims to demonstrate that algae production can be integrated into large building complexes. They Ennesys demonstration is […]
In California, OriginOil demonstrated a low-energy Algae Appliance to industry executives from a National Algae Associate hosted workshop. OriginOil also showed new technologies in laboratory development, and the Max One mobile algae harvester. Riggs Eckelberry, OriginOil CEO commented that this was the first time the Algae Appliance was shown to an industry group in the […]
In California, OriginOil has announced a joint venture with algae producer Aquaviridis, based in Mexico. Commerical scale production capacity is expected by the second quarter of 2013. Says OriginOil’s VP of marketing, Ken Reynolds, “The Mexicali Valley is a great place to develop an algae industry, given its climate and access to industry research and […]
In California, the DOE’s Idaho National Laboratory has teamed with OriginOil to co-develop an integrated system for direct conversion of raw algae into a renewable crude oil that can be used by existing petroleum refineries. OriginOil’s planned Biocrude System™ will integrate its own harvesting system with state-of-the-art biomass processing technology being developed under the recently-announced […]
In California, OriginOil has co-founded a new joint venture, Future Energy Solutions, to develop biorefineries serving U.S. and NATO military requirements for alternative fuels. Future Energy plans to carry out bankable feasibility studies supporting project development and project delivery for diversified biofuel refining centers in strategic locations around the world. OriginOil intends to contribute its […]
In Colorado, ZeaChem added Nancy Buese as the third independent board member and audit chair on its Board of Directors. Buese brings 20 years of financial leadership to the ZeaChem Board. She currently serves as senior vice president and chief financial officer of Denver-based MarkWest Energy Partners L.P. (NYSE: MWE), a leading provider of midstream […]
In California, OriginOil announced launch of its Algae Appliance, a commercial entry-level algae harvesting system that will help producers process algae at very low cost and without chemicals. Slated for commercial release in the first half of 2012, the Algae Appliance provides a low energy, chemical-free, continuous flow ‘wet harvest’ system, with the potential to […]
