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KiOR seeks to double cellulosic fuels production at Columbus plant; $50M in from Khosla for Columbus II

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Cellulosic gasoline and diesel company KiOR, Inc. is pursuing plans to double production capacity at its Columbus, Mississippi, facility through construction of a second facility incorporating KiOR’s commercially proven technology. Khosla Ventures incubated KiOR in 2007 and is the lead investor. Earlier post.).

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KiOR halts cellulosic fuels production at Columbus in Q1 to optimize production; need for R&D to boost yield and cut costs

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In December 2013, Cannon had said that KiOR would operate the Columbus plant “ on a limited campaign basis only ” to verify the impact of improvements. In the Friday call, he said that the company would only operate the Columbus facility during Q1 “ only to the extent we want to test and prove optimization projects. ”

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Tesoro to purchase algae-derived green crude oil from Sapphire Energy

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Sapphire Energy has entered into a commercial agreement with Tesoro Refining and Marketing Company, LLC, a subsidiary of Tesoro Corporation. This begins the first step of a commercial relationship to process Green Crude oil from Sapphire’s future commercial facilities.

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Cellulosic drop-in biofuels company KiOR says that to continue on, it needs capital

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In its new 10-Q report filed with the SEC, struggling cellulosic diesel and gasoline company KiOR reports that it has  substantial doubts about our ability to continue as a going concern. The company had issued a similar warning in its 10-K annual report filed in March. Earlier post.) Earlier post.). Earlier post.).

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Algae-to-crude company Sapphire Energy pays off government loan guarantee

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Green crude company Sapphire Energy, Inc. has paid off the entire loan guarantee awarded to the company by the USDepartment of Agriculture. 2009, the company was awarded a $54.5-million 2009, the company was awarded a $54.5-million With their backing, we did exactly what we set out to do.

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Cellulosic fuels company KiOR reveals “substantial doubts” about its viability; funding needed by 1 April

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In its Form 10-K (annual report) filed with the SEC on 17 March, cellulosic renewable fuels company KiOR said it has “ substantial doubts about [its] ability to continue as a going concern ”. The crude oil proceeds to the hydrotreating unit to be refined into gasoline, diesel and fuel oil. Earlier post.). —KiOR 10-K.

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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.,

Oil 199