13 April 2021 14:34 GMT Updated 13 April 2021 14:34 GMT
Chevron has joined Europe s Shell, Total and Equinor in throwing its weight behind the industrialisation of the floating wind power sector.
The supermajor is partnering with Norwegian industrial group Moreld to prototype a new design from technology developer Ocergy that is in the frame for installation in the Atlantic by 2025.
Chevron, the first US oil player to announce plans to invest in floating wind as part of a longer-term energy transition strategy, will finance its side via the $100 million Future Energy Fund (FEF) set up under its Chevron Technology Ventures (CTV) arm. Period of rapid innovation
Starfire Energy closes major funding round; green ammonia and hydrogen solutions greencarcongress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greencarcongress.com Daily Mail and Mail on Sunday newspapers.
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Additional Investors Includes AP Ventures, Chevron, New Energy Technology and Osaka Gas
TOKYO, Apr 9, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) today announced that it has invested in Starfire Energy Inc., the leading developer of modular chemical plants for the production of green ammonia and hydrogen with a patented catalyst technology located in Denver, CO. The partnership will be used to advance the development of commercial scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier. The investment has been executed through Mitsubishi Heavy Industries America, Inc., joining a consortium of investors, including AP Ventures, Chevron Technology Ventures, New Energy Technologies and Osaka Gas USA.
MHI Invests in Starfire Energy, a Modular Green Ammonia Solution Provider, to Accelerate Efforts to Energy Transition jcnnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jcnnewswire.com Daily Mail and Mail on Sunday newspapers.
MemComputing Announces New Advisory Board Members
Renowned Oil and Gas leaders to guide the company through future growth
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SAN DIEGO, April 8, 2021 /PRNewswire/ MemComputing, Inc., developer of disruptive high-performance computing technology, today announced the introduction of two new advisors to the company. By leveraging their combined expertise in the Oil and Gas industry, Scott Nelson and David Wesson will provide valuable insight and help direct the company through its continued presence and growth in Oil and Gas. We are thrilled to welcome these distinguished leaders to advise our company on the Oil and Gas Industry, said John Beane, CEO of MemComputing, Inc. Their knowledge and experience in key areas across the energy chain will play a critical role in guiding strategic decisions and building new relationships. I am proud to have them on board as I m confident they will make a significant impact to strengthe