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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

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(CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation. since 2015. —Steve Oldham, CEO of CE.

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UH researchers developing autonomous robot for subsea oil and gas pipeline inspection

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To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

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Aker Solutions awarded subsea gas compression contract for Jansz-Io

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Aker Solutions has been awarded a major contract from Chevron Australia Pty Ltd to provide a subsea gas compression system for the Jansz-Io field, offshore Western Australia. The Jansz-Io field is a part of the Chevron-operated Gorgon project, one of the world’s largest natural gas developments. Earlier post.)

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Gov’t, industry, national labs collaborate on comprehensive cradle-to-grave LCA study and economic assessment of LDV GHG reductions

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automotive and energy industries. The costs to consumers for established fuels were based on the US Energy Information Administration’s (EIA’s) 2015 Annual Energy Outlook, while techno-economic analysis models with consistent economic assumptions were used to estimate the costs for hydrogen and advanced bio-derived fuels.

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California air quality regulators call for improved monitoring at California refineries, surrounding communities

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The CARB-CAPCOA report is part of a broader initiative set in place in 2013 to address refinery safety and emissions in response to a major fire in 2012 at the Chevron Refinery in Richmond. The agencies released an inventory of air monitoring and response capabilities for each major refinery in May 2015.

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Soros signals Argentina’s shale is biggest place to be; doubles stake in YPF SA

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One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize—and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas. by James Stafford of Oilprice.com.

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National oil companies hold top spots in Energy Intelligence’s ranking of top oil firms

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State-owned oil companies are retaining their dominant position in the world petroleum industry according to Energy Intelligence ’s annual ranking of the world’s top 50 oil and gas companies, which was published today in Petroleum Intelligence Weekly (PIW). Supermajors retain four of the Top 10 spots. National Iranian Oil Company (NIOC).

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