|ENERGY AND ENVIRONMENT|
The Knightsbridge Group is heavily involved in project management and financing of oil and gas fields in the Eurasian and Caspian regions. The Group provides strategic and financial advice to oil and gas related projects; and invests in energy related industries. The Group has partnerships and closely cooperates with national oil companies.
The Knightsbridge Group also provides high-end strategic and industrial consulting in energy and agricultural sectors enabling multinational companies to enter new markets, increase their shares in certain segments and participate successfully at tenders to optimize their offers and bids.
Current projects include:
AREV has developed a number of proprietary technologies, including Radeon-NWM and Radeon-RM
1) Radeon-NWM is our proprietary new technology for the production of specialized equipment for the processing of liquid radioactive waste. The process is environmentally fully safe, has no emissions, and produces only selected elements. This new technology is currently used at the Metzamor Nuclear Power Plant in Armenia and is in trial stage in the Semipalatinsk region of Kazakhstan (former primary testing venue for the Soviet Union's nuclear weapons).
2) Radeon-RM is advanced, environmentally sound hydrometallurgical technology for the production of rare and alkaline metals. This new hydrometallurgical technology combines the traditional methods and electrochemical membrane technologies for high extraction and efficiency. The technology has advantage over other conventional methods as it recovers used chemical reagents (no wastes), automates remote control technological processes, is capable of extracting either pure metals or the pure oxides of metals, and has low power consumption.
Over the years, AREV-Radeon has produced several important theoretical and modelling tools and has developed new industrial technologies that have unique environmentally safe applications. These are in the fields of renewable energy sources, highly efficient production of energy, in hydrometallurgy, and in the processing of nuclear wastes and recycling of industrial wastes.
The Knightsbridge Group has invested and consults this new alternative energy company. Joule is the pioneer in developing the technology of "Liquid Fuel from the Sun," enabling abundant, sustainable, cost-competitive supply of renewable fuels and chemicals. Joule Unlimited has developed a breakthrough technology platform using sunlight, waste CO2, non-arable land and non-potable water to directly synthesize and secrete diesel fuel, jet fuel, ethanol, and commodity/specialty chemicals in a direct, single-step process. It has two issued U.S. patents and 45+ pending patent applications and complementary trade secrets. Joule's solar diesel technology is developing rapidly and will be fully validated for commercialization by 2013. This is a very exciting new technology with enormous implications in the area of new energy.
The Knightsbridge Group is a shareholder in the Zapadno-Chumpusskoye oil field in Russia together with Heritage Oil and Gas Ltd. Heritage is an independent oil and gas exploration and production company with a Premium Listing on the London Stock Exchange (symbol HOIL). It is a member of the FTSE 250 Index. Heritage has Exchangeable Shares listed on the Toronto Stock Exchange (symbol HOC) and the London Stock Exchange (symbol HOX). The company has a production property in Russia, exploration projects in the Iraq, the Democratic Republic of Congo, Malta, Pakistan, Tanzania and Mali.