Live Algae Oil Extraction
OriginOil Announces Breakthrough Process for Live Algae Oil Extraction
OriginOil, Inc. (OOIL), the developer of a breakthrough technology to transform algae, a promising source of renewable oil, into a true competitor to petroleum, recently announced that it has succeeded in extracting algae oil on a continuous basis without cell sacrifice. This new “milking” process will join the company’s Cascading Production™ technique to create a combined cycle promising new efficiencies.
Live Extraction™, or milking, is inherently efficient because it achieves continuous production of algae oil without destroying the algae cell. Therefore a single algae cell can produce more oil during its lifetime using lower amounts of energy. Unlike other approaches to live extraction, [...]
Exxon to Invest $600 Million to Make Fuel From Algae
Turning Living Algae into Mini Oil Wells
The oil giant Exxon Mobil, whose chief executive once mocked alternative energy by referring to ethanol as “moonshine,” is about to venture into biofuels.
On July 21, Exxon announced an investment of $600 million in producing liquid transportation fuels from algae — organisms in water that range from pond scum to seaweed. The biofuel effort involves a partnership with Synthetic Genomics, a biotechnology company founded by the genomics pioneer J. Craig Venter.
New Scientist recently published the following interview with Mr. Venter about turning living algae into mini oil wells:
Algae that can turn carbon dioxide back into fossil fuel – it sounds too good to be [...]
