The BlueNRGY website doesn't appear to have been updated since mid-2014 except for a job add for a Java developer (not a good look, inactive website and asking for someone to come in to turn on the lights)
A LinkedIn search for the listed directors shows a couple who appear to be siblings and have history in the Seattle/Vancouver area with Dubai activities for spice. Been burnt in Vancouver before.
The Executive Chairman who put out the press release doesn't get a mention on the website, not even his press release.
NASDAQ listing probs
"On January 26, 2015, the Company received a letter from the Panel granting the Company’s request for continued listing on the Nasdaq Capital Market. In order to maintain its listing, the Company is required to meet a series of deadlines including filing its Annual Report on Form 20-F for the year ended June 30, 2014 (the “2014 Annual Report) by April 30, 2015. " http://www.otcmarkets.com/edgar/GetFilingPdf?FilingID=10433047