LOS ANGELES, Oct 06, 2010 (BUSINESS WIRE) — OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, the most promising source of renewable oil, into a true competitor to petroleum, today announced that it entered recently into a strategic partnership agreement with MBD Energy Limited, its first customer and a leading player [...] Read more »
Nebraska universities win $20M research grant
LINCOLN, Neb. Several Nebraska universities will share a $20 million grant to develop new research focused on algae and nanotechnology, the University of Nebraska-Lincoln announced Monday. Part of the five-year National Science Foundation grant will help one group of researchers build a better understanding of algae and how it creates oils that could be converted [...] Read more »
Ford and Algae
There’s been a lot of buzz about algae as an alternative biofuel. Several business and university researchers are looking at algae’s potential as a viable alternative to fossil fuel. And earlier this year, the House of Representatives introduced the Green Jobs Act of 2010, which offers investment tax credits for algae-based biorefineries. Now researchers at [...] Read more »