Universal Bioenergy Inc. 

27.02.2013 07:00
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IRVINE, Calif., 2013-02-27 07:00 CET (GLOBE NEWSWIRE) --
Universal Bioenergy Inc., (OTCMarkets:UBRG), a publicly traded independent
diversified energy company, that markets and distributes natural gas, electric
power, and coal, in its plans for growth and expansion, announced that it is
planning to establish a new division that will focus on the sales of coal for
export to the international market, to generate millions in additional
revenues, higher margins and potential profits. 

The new division will take advantage of the growing demand for coal in
countries whose economies, and infrastructure are experiencing high growth,
have a greater demand for energy, electric power  and coal to produce
electricity and to manufacture steel. These countries include China, India,
South Korea, Mexico and some European countries, including Germany, England,
Ireland and Poland. Executives of Universal Bioenergy have engaged in direct
meetings with representatives of the U.S. Department of Commerce in Irvine,
California to assist the Company in its efforts to export coal and other energy
products to the international market. The Company will also be working the U.S.
Department of Commerce's offices in those targeted countries to facilitate the
export of energy products to companies in those countries. 

According to the U.S Energy Information Administration, the United States holds
the world's largest estimated recoverable reserves of coal and is a net
exporter of coal. The International Energy Agency (IEA) in its Medium-Term Coal
Market Report 2012, forecast that, Coal's share of the global energy mix
continues to rise, and by 2017 coal will come close to surpassing oil as the
world's top energy source. 

Vince M. Guest, Universal's President states, 'We are very excited about our
plans to establish our international coal sales division. We have already
established domestic and international relationships with a network of coal
buyers, brokers, traders, transportation and shipping companies to arrange for
the export of coal. We have also established contacts with several Embassies
and Consulates in those targeted countries to arrange for the export of coal
and other energy products to meet their growing demands. We believe this should
bring millions in additional revenues, higher margins and potential profits for
the company.' 

About Universal Bioenergy Inc.

Founded in 2004, Universal Bioenergy Inc., is a publicly traded independent
diversified energy company that produces and markets natural gas, petroleum,
coal and propane. We market energy resources to the largest public utilities,
electric power producers and local gas distribution companies in the U.S., that
serve millions of commercial, industrial and residential customers. We are also
engaged in the acquisition and development of existing or recently discovered
oil and gas fields, leases and surface coal mines. For more information visit
www.universalbioenergy.com 

The Universal Bioenergy Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6784 

Safe Harbor Statement - There are matters discussed in this media information
that are forward looking statements within the meaning of Rule 175 under the
Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934,
and are subject to the safe harbor created by those rules. Such statements are
only forecasts and actual events or results may differ materially from those
discussed. For a discussion of important factors which could cause actual
results to differ from the forward looking statements, refer to Universal
Bioenergy Inc.'s most recent annual report and accounts and other SEC filings.
The company undertakes no obligation to update publicly, or revise, forward
looking statements, whether as a result of new information, future events or
otherwise, except to the extent legally required. 


         CONTACT: Media Relations:
         Solomon Ali
         704-837-5705
News Source: NASDAQ OMX



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Language:     English
Company:      Universal Bioenergy Inc.
              
               
              United States
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         US91337M1045
WKN:          
 
End of Announcement                             DGAP News-Service
 
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