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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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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. Fort Capital acted as advisors to CE on this transaction.

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

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The transformative technology will make the inspection process far safer and more cost effective, while also protecting subsea environments from disaster. Additionally, Chevron, a major oil and gas operator, will evaluate the technology’s future commercialization.

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Blue Sun Energy, ARA Inc. and Chevron Lummus Global achieve production milestone for renewable drop-in fuels

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and Chevron Lummus Global (CLG) achieved a key development milestone with their 100 barrel/per day (4,200 gallon/per day) demonstration-scale Biofuels ISOCONVERSION (BIC) facility in St. ReadiJet and ReadiDiesel can be tailored to meet all commercial and military jet fuel specifications. Blue Sun Energy, ARA Inc. Joseph, Missouri.

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Chevron Lummus Global joins ARA ReadiJet Alternative Fuel Initiative to develop 100% drop-in diesel, and jet kero biofuels

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Chevron Lummus Global (CLG), a 50-50 joint venture between Chevron Products Company and Lummus Technology, has joined ARA’s ReadiJet Alternative Fuel Initiative to develop drop-in biofuels. ARA has developed a catalytic hydrothermolysis (CH) process to convert triglycerides (e.g., Earlier post.). Overview of the ReadiJet process.

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Starfire Energy closes major funding round; green ammonia and hydrogen solutions

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The investment round was led by AP Ventures, a significant investor in breakthrough hydrogen technologies, and included New Energy Technologies, Chevron Technology Ventures, Osaka Gas USA, and Mitsubishi Heavy Industries. Starfire Energy is currently commercializing a 50 tonne/day modular green ammonia plant.

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