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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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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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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. Current cost estimates reflect advanced project definition and current market and foreign exchange rates. Hebron co-venturers are Chevron Canada Limited (26.7%), Suncor Energy Inc.

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Shell completes divestment of oil sand interests in Canada; retains Scotford refinery and plants

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billion was taken in Q1, 2017 with a further $0.4 billion expected in Q2, 2017 based on final closing adjustments. As previously announced, the transactions were estimated to result in a post-tax impairment of $1.3 billion of which $1.1

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GlobalData: best performing wells in Permian break-even at as low as US$22 per barrel

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Well lateral lengths in the Permian have increased in average by more than 1,500 feet (ft) since 2016 to approximately 7,500 ft by the end of 2017, says GlobalData, a leading data and analytics company.

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Gevo joins SFO consortium to advance sustainable aviation fuel (SAF)

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SFO is positioning for increased interest in the California market for SAF producers and suppliers, given the additional incentives likely to be made available, through a California Air Resources Board ruling allowing the opt-in inclusion of SAF in the Low Carbon Fuel Standard (LCFS).

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