13 Stephen Mayfield, a molecular biologist at the California Center for Algae Biotechnology, initially believed in the promise of algae biofuels—even co-founding the startup Sapphire Energy. “But then ...

In September, Sapphire Energy, a San Diego startup developing crude-like oil from algae, said it had raised more than $100 million. At its annual biotech meeting in October in Hanover, Germany ...

“While there is a lot of work being done on micro-algae biotechnology – currently around 10,000 researchers across the world – no-one has identified a shortlist of the best performing ...

It says photo-synthetic algae appear to be a viable, long-term candidate. If the alliance is successful, pumping algae-based gasoline at Exxon service stations is still several years away and will ...