Acquisitions

NASA Offers Tour Of Its Offshore Membrane Enclosure For Growing Algae (OMEGA) System

Sapphire Energy¬†and refiner Phillips 66¬†– comprised of ConocoPhillips’ former refining assets – have announced a joint development agreement to commercialize Sapphire’s Green Crude, an algae-based crude oil. The two companies will expand Sapphire’s ongoing testing program to ensure that Green Crude can be processed in traditional refineries and meet Environmental Protection Agency standards under the… Keep reading →

A House Armed Services Committee hearing on Capitol Hill, on March 22, 2012 in Washington, DC.

The U.S. military can jump-start commercialization of energy innovations by serving as a test bed for new ideas, top Department of Defense officials say. Keep reading →