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Sapphire Energy and Phillips 66 parter on co-processing of algae crude oil with conventional crude

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one of the world leaders in algae-based “Green Crude” oil production, and Phillips 66, an integrated energy manufacturing and logistics company, have entered a strategic joint development agreement aimed at taking production of algae crude oil a significant step toward commercialization. San Diego-based Sapphire Energy, Inc.,

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USDA announces availability of $181M to support development of advanced biofuels projects

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Sapphire Energy’s “Green Crude Farm” in Columbus, N.M., million loan guarantee to build a refined alga oil commercial facility. In continuous operation since May 2012, the plant is producing renewable algal oil that can be further refined to replace petroleum-derived diesel and jet fuel.

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