OriginOil in the News
OriginOil Selects Award-Winning Engineering Firm for Product Rollout
CNBC – July 27, 2011: "PACE will help OriginOil engineer the Tarong systems, and quickly turn around a standard OriginOil commercial offering on modular sizes that customers can easily combine to meet any scale of harvesting requirement..."
OriginOil Announces Reverse Stock Split
Algae Industry Magazine – July 22, 2011: "OriginOil has announced a 1-for-30 reverse stock split in order to meet one of the requirements for graduating to a senior US exchange..."
Green Algae Meets Dirty Coal for Carbon Capture
Triple Pundit – July 19, 2011: "An unlikely marriage of algae and coal-plants could become a reality through a company called OriginOil..."
Technology Against Pollution
Istoe Dinheiro – July 18, 2011: "Coal is one of the worst culprits of global warming....As its use should not be abandoned in the short term, several companies are studying ways to make it less polluting. Who went ahead, it seems, was the American OriginOil..."
Feed Me With CO2
AOL Energy – July 13, 2011: "In an interview with AOL Energy, OriginOil CEO Riggs Eckelberry said that with its high consumption of CO2--it takes two tons of carbon dioxide to feed one ton of algae--the green species can be a major asset in the effort to curb carbon emissions."
Green Oil?
AOL Energy – July 13, 2011: "This video shows algae, which eats carbon dioxide and excretes oil, in action. Over time, the biomass falls away to the bottom and leaves the oil at the top."
OriginOil Secures First Institutional Financing
Biofuels Digest – July 8, 2011: "In California, OriginOil has entered into a definitive convertible notes purchase agreement with institutional investors for an aggregate purchase price of $1 million...."
OriginOil Secures First Institutional Financing
Algae Industry Magazine – July 8, 2011: "OriginOil, Inc. has announced it has entered into a definitive convertible notes purchase agreement with certain institutional investors, for an aggregate purchase price of $1.0 million...."
OriginOil Investment Brings Algae-to-oil System to Market
NewNet – July 8, 2011: "The company will use the money to commercialise it algae harvesting technology having recently signed its first order with MBD Energy. The new system for MBD will be one of the largest of its kind..."
The Economics of Power Plant CO2 Capture
Advanced BioFuels USA – July 8, 2011: "Instead of comparing the control of greenhouse gas emissions with no controls, they have to compare the costs of various strategies to reduce emissions. In assessing strategies, some power plants will find algae the best long-range option."
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