Chevron
The two companies have also signed a letter of intent to collaborate on potential pilot projects
The oil giant intends to market renewable natural gas, which will be produced by dairy biomethane projects in the US, as a transportation fuel
Zap Energy aims to develop a modular nuclear reactor to generate cost-effective and commercially scalable fusion
The projects will power Chevron’s operations in the US Permian Basin, Argentina, Kazakhstan and Western Australia
The deal will allow the oil giant to strengthen its position in the Eastern Mediterranean
The group includes oil giant Chevron and concrete producer Pan-United – it aims to shrink the carbon intensity of heavy industries such as energy, chemicals and construction
US oil giant said it would “continue to execute” plans to reduce operating costs by more than $1bn by the end of the year
‘Work-from-home’ trend spreads to London as the oil giant asks 300 staff to self-isolate as a precaution against coronavirus
Carbon Clean Solutions Limited will use the investment to deliver an existing pipeline of global projects to lower emissions from industry
The firm will evaluate the feasibility and design of a 10,000 tonne-per-year carbon capture unit for potential deployment in one of Chevron’s California facilities
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