PetroAlgae Announces Filing of S-1 Registration Statement for Public Offering

August 11, 2010 (49 kb)
PetroAlgae today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) relating to its proposed public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.
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PetroAlgae Signs Offtake Agreement for Biocrude with Korea-based ECO-Frontier

July 26, 2010 (55 kb)
PetroAlgae today announced that it has signed, through its operating subsidiary PA LLC, a Non-Binding Commercial Offtake Agreement (the “Agreement”) with Eco-Frontier, a leading cleantech management firm and Asian renewable energy developer based in Seoul, Korea.
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PetroAlgae Engages Audit Firm

July 23, 2010 (50 kb)
PetroAlgae today announced that it has engaged a global business consulting and internal audit firm to assist it in complying with the requirements of Section 404 of the Sarbanes-Oxley legislation.
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PetroAlgae Signs Memorandum of Understanding with Asesorias e Inversiones Quilicura (AIQ) to Develop Green Fuels in Chile

April 14, 2010 (57 kb)
PetroAlgae today announced that it has signed a Memorandum of Understanding with Asesorias e Inversiones Quilicura (AIQ), a major shareholder in Subus Chile S.A., that is expected to enable the development in Chile of a micro-crop technology system for the large-scale production of green gasoline, diesel and jet fuel.
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PetroAlgae Chairman Issues Special Letter to Shareholders

February 18, 2010 (142 kb)
PetroAlgae today announced that it has issued a Special Letter to Shareholders to update existing PetroAlgae investors on the current status of the Company and its future growth outlook.
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PetroAlgae Announces Strategic Partnership with Foster Wheeler to Create End-to-End Biomass-to-Fuel Solutions

December 10, 2009 (41 kb)
PetroAlgae announced today that its has signed a Memorandum of Understanding with Foster Wheeler AG’s (Nasdaq: FWLT) Global Engineering and Construction Group for engineering services to be performed in conjunction with PetroAlgae’s micro-crop technology, which allows for the production of dry biomass at an unprecedented scale.
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PetroAlgae Announces Strategic Partnership with Indian Oil Corporation Limited

November 3, 2009 (124 kb)
PetroAlgae announced that PA LLC, a Delaware limited liability company that is PetroAlgae’s operating subsidiary has signed a Memorandum of Understanding (MoU) to enter into an agreement to license the Company’s proprietary micro-crop technology to Indian Oil Corporation Limited (IOCL) for its future large-scale production of renewable fuels.
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Indonesian Government Allows PetroAlgae Protein as Animal Feed Ingredient

October 27, 2009 (27 kb)
PetroAlgae announced that it has received official notice that the protein from PetroAlgae’s proprietary micro-crop production technology has successfully passed testing by the Indonesian Ministry of Agriculture, and that the PetroAlgae protein is suitable for use as a raw material in animal feed in Indonesia.
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PetroAlgae Hires International Sales Team As It Approaches Commercialization

June 4, 2009 (124 kb)
The nine executives bring a wealth of experience to PetroAlgae having worked for companies including BP, ConocoPhillips, Cargill, Trinity Industries, Merrill Lynch and Syngenta. With these latest additions, PetroAlgae now employs 115 employees and is continuing to build its team as it prepares for commercialization. The Company noted that the additional new hires represented a 28% increase from its fourth quarter, ending December 31, 2008, when the count stood at 90.
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PetroAlgae Opens Office In Washington D.C.

May 19, 2009 (245 kb)
PetroAlgae has appointed three executives to work closer with the Obama Administration, Congress, non-profit groups, and the business community to help reduce America’s dependence on fossil fuels by creating a marketplace for clean, sustainable sources of energy. The three new appointments are Andrew Beck, who has joined the company as vice president of public affairs; Michael Gale and George Lyons, who have both joined the company as vice presidents of government relations.
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PetroAlgae Chairman Issues Special Letter To Shareholders

May 14, 2009 (245 kb)
PetroAlgae (OTCBB: PALG), an emerging renewable energy company, today announced that it has issued a Special Letter to Shareholders to update existing PetroAlgae investors on the current status of the Company and, more importantly, its future growth outlook.
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PetroAlgae Wins Sustainable Biofuels Award at World Biofuels Markets Event

March 18, 2009 (83 kb)
In a gala event including the world’s foremost leaders in biofuels, PetroAlgae (OTCBB: PALG) last night was presented the Sustainable Biofuels Technology Award in the Technology Supplier category at the 2009 World Biofuels Markets in Brussels.
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PetroAlgae Begins Trading Under New Ticker Symbol - (OTCBB: PALG)

January 22, 2009 (85 kb)
PetroAlgae Inc. (OTCBB: PALG), a leading developer of systems to derive biodiesel fuels from algae, today announced that, it has begun trading under its new stock symbol “PALG” on the Over-the-Counter Bulletin Board, effective immediately.
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PetroAlgae Raises $10 Million in Common Stock Offering

December 24, 2008 (42 kb)
PetroAlgae Inc. (OTCBB: DVGL), a leading developer of systems to derive biodiesel fuels from algae, today announced that it has closed on a $10 million capital raise through the sale of approximately 3.2 million of newly-issued shares of common stock to two existing investors.
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PetroAlgae Announces Listing on OTC Bulletin Board

December 22, 2008 (21 kb)
PetroAlgae, a leading developer of systems to derive biodiesel fuels from algae, today announced that its parent company, PetroTech Holdings Corp., has acquired Dover Glen, Inc., a publicly-traded company listed on the OTC Bulletin Board under the symbol “DVGL”. As part of this transaction, PetroTech Holdings Corp. transferred its entire ownership interest in PetroAlgae to the newly-acquired company, thereby maintaining its majority ownership position in PetroAlgae, which is expected to account for the newly-acquired company’s sole asset and primary line of business.
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Laurus-Petrotech Press Release

September 19, 2008 (50 kb)
PetroTech and its Backers Add Strength to Renewable Energy Leader
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Petro Algae Environmental Defense Fund

June 2, 2008 (4.2mb)
PetroAlgae selected to participate in "Faces of Climate Change Campaign".
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