Friday, 4 May 2012

Greenberg LLC. From US To Partner With Favoured Energy Group Ltd In Nigeria.

The Greenberg Energy Exploration LLC. of USA will be partnering with Favoured Energy Group Ltd of Nigeria in exploring different products found in algae. Favoured Energy with the help of her interested partner has garnered the facilities to design the first private refinery on algae oil exploration. This is the first of its kind in Nigeria, the oil rich nation of Africa.


Favoured Energy in partnership with her oversea investor will herald the campaign for green and alternative energy that will drop the emission of green house manure, carbon emission and increase power generation in Nigeria. In addition, Favoured Energy will introduce her first power plant that derive its energy from farm yard manure and waste. The first plant will be situated in Rivers State and Cross-River State. With this prospect on ground, FEG will introduce the first private energy plant that generate electricity  from farm waste and other organic waste.

Greenberg Energy Exploration LLC. (GEE) is a US based energy company that produces algae crude for more than a decade. They also ventured into food supplements and pharmaceuticals derived from algae by-product. Favoured Energy Group LTD. (FEG) will be partnering with them in the growing of algae and extraction of  algae crude. GEE being an expert in pharmaceuticals, food supplements and energy generation is welcome synergy for the Nigerian counterpart (FEG). GEE also has a strong market influence in Australia, Austria, Sweden, Bulgaria, Asia minor, the mediterranean, North and South America - this is a major purpose of synergy for FEG.

Furthermore, with algae as a biomass, FEG will produce bio-ethanol for the purpose of fuel to cars, and bio-diesel from algae oil. With the help of cellulose reaction, the elephant grass, waste wood material and waste paper from the print industries will be use to increase production capacity of bio-ethanol for export purpose.

Expect more news from Greenberg Energy Exploration LLC and Favoured Energy Group Ltd.

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