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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley. The investments from Chevron and Crowley create an integrated value chain from hydrogen production to power systems to vessels. ZEI currently offers the ZEP 250, a modular 250 kW hydrogen fuel cell power unit.

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Chevron invests in nuclear fusion start-up Zap Energy

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Chevron Corporation made a Series A investment in Zap Energy Inc. , It is now backed by an energy and technology-focused investor base, including Chevron. Our Future Energy Fund investment in Zap Energy adds to Chevron’s portfolio of companies we believe are likely to have a role in the energy transition. Resources. “

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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Chevron Corporation announced a $32.7 Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 billion capital and exploratory spending program for 2012.

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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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TAE’s fifth-generation reactor, Norman, was unveiled in 2017 and was designed to keep plasma stable at 30 million degrees Celsius. TAE’s fifth-generation reactor, Norman, has proven capable of sustaining stable plasma at more than 75 million degrees Celsius, 250% higher than its original goal.

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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 fire raised concerns related to refinery maintenance and safety, and emergency preparedness, at and near California’s oil refineries.

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euglena planning commercial production of biojet and renewable diesel from algae in Japan

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In June 2015, the company signed a Technology License Agreement for the ISOCONVERSION process with Chevron Lummus Global and Applied Research Associates (ARA). Construction is estimated to start in summer 2016 and to be completed by the end of 2017, with the planned start of operations in the first half of 2018. Earlier post.).

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ExxonMobil to proceed with $14B Hebron heavy oil project off Canada’s East Coast; more than 700B barrels of oil

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Capital cost for the project, which is expected to begin oil production around the end of 2017, is estimated at $14 billion. Source: Chevron. Hebron co-venturers are Chevron Canada Limited (26.7%), Suncor Energy Inc. The platform is being designed for daily production of 150,000 barrels of oil. Location of Hebron field.

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