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OriginOil and DoE to convert algae into renewable crude oil

OriginOil Inc plans to co-develop an integrated system with the US Department of Energy's Idaho National Laboratory (INL) for the direct conversion of raw algae into renewable crude oil that can be used by existing petroleum refineries.

By Kari Williamson

"We believe this is a major breakthrough for OriginOil and a major step forward for the algae industry," says Riggs Eckelberry, OriginOil CEO. "We already lead the industry with our chemical-free, low-energy, continuous high-flow harvesting system.

"From there it's a natural step to helping algae growers make a direct crude oil replacement right on site, giving them direct access to the existing world market for transportation fuels, including jet fuel. That's an instant upgrade from what is now a niche market, to the immediate 86 million barrel per day global crude oil market."

OriginOil's Biocrude System will integrate its own harvesting system with a biomass processing technology being developed under the recently-announced research agreement with INL, to convert raw algae into renewable crude oil.

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