History
Ambre Energy was founded in June 2005 by Edek Choros, a geologist and mining engineer. In September 2005, Ambre Energy filed a patent for the Hybrid Energy System, a method for processing low value coal and other carbonaceous materials.
In April 2006, Ambre Energy started negotiations with American oil shale technology company Oil-Tech, Inc., incorporated in February 2000 in Utah. Oil-Tech, Inc. was a developer of the Oil-Tech staged electrically heated retort process for the oil shale pyrolysis. In October 2006, Ambre Energy and Oil-Tech established Millennium Synfuels, LLC, which take over property rights of the retorting technology. By 30 June 2007 Ambre Energy acquired 6% of Oil Tech and 17 October 2007 it acquired 35%. Further Oil Tech become a wholly owned subsidiary of Ambre Energy and as of 21 July 2008 was merged into Ambre Energy.
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