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TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

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In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company’s mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

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Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Source: Chevron. Here, Chevron has reduced its steam:oil ratio (i.e.,

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ESP artificial lift company ZiLift secures £4M capital investment led by GE-NRG Energy-ConocoPhillips JV

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Oil and gas services company Schlumberger defines artificial lift as any system that adds energy to the fluid column in a wellbore with the objective of initiating and improving production from the well. The company has four targeted products: maglift , to economically produce deep low-rate gas wells. ESP with pump monitor. ZiLift Ltd.

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Top Ten Greenhouse Gasers in California Currently Destroying Your Childrens’ Future

Creative Greenius

Chevron Refinery, El Segundo, California. The for-profit companies who put the money they rake in from burning fossil fuels ahead of the safety, welfare and well being of your kids, of your parents, of your grandparents and of everyone you hold near and dear. Chevron Refinery, Richmond: 4,792,052 metric tons. View Larger Map.

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BP approves revamped $9B Mad Dog Phase 2 project in the deepwater Gulf of Mexico; down from original $20B cost

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BP has sanctioned the $9-billion Mad Dog Phase 2 project in the United States, despite the current low oil price environment. This announcement shows that big deepwater projects can still be economic in a low price environment in the US if they are designed in a smart and cost-effective way. In 2013, BP (operator, with 60.5%

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I’ve Done The Math – Now I’m Doing Something About It

Creative Greenius

Why would your Creative Greenius walk away from his high-paying, highly rewarding executive role at CBS EcoMedia where I was working to fund environmental, education, and wellness projects all across the USA, just as the company hit more growth milestones and was likely to pay generous bonuses? ” What a no-brainer.

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ExxonMobil expands participation in MIT Energy Initiative’s low-carbon research; Mobility of Future study

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The company will: Extend its membership in MITEI’s Center for Carbon Capture, Utilization and Storage. Other members of the study consortium are Alfa, Aramco, BP, Chevron, Equinor, Ferrovial, General Motors, Shell, and the Toyota Mobility Foundation. ExxonMobil first signed on as a member of the initiative in 2014.

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