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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. , a Seattle-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion. —Barbara Burger, president of Chevron Technology Ventures.

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Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position

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Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 —Chevron Chairman and CEO Mike Wirth. billion, or $61.50 Transaction details. The acquisition consideration is 100% cash.

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Chevron and Angelicoussis Group announce ammonia carrier joint study agreement

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Chevron Corporation, through its subsidiary Chevron Shipping Company LLC, and the Angelicoussis Group , through its Energy Transition division, Green Ships, announced a Joint Study Agreement (JSA) to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel.

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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. —Steve Oldham, CEO of CE.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage.

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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 says that its non-radioactive approach represents the fastest, most practical, and economically competitive solution to bring abundant carbon-free energy to the grid. billion for its commercial fusion development. TAE’s Copernicus reactor, which will be constructed in a 100,000-square-foot facility in Irvine, Calif.,

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KiOR signs renewable diesel blendstock supply agreement with FedEx Corporate Services; 1st end-user agreement

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developer of a catalytic pyrolysis process to produce renewable oil from biomass ( earlier post ), has signed a ground fuel supply agreement with FedEx Corporate Services, Inc. Under the agreement, KiOR may supply renewable diesel blendstocks for purchase by affiliates of FedEx Corporate Services, Inc. Earlier post.).