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Chevron (CVX) Joins Enterprise on CCUS Project to Cut Emission

Chevron (CVX) Joins Enterprise on CCUS Project to Cut Emission
entrepreneur.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from entrepreneur.com Daily Mail and Mail on Sunday newspapers.

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Natel Energy Announces $20M Series B to Further Deploy Modern, Renewable Hydropower

Natel Energy Announces $20M Series B to Further Deploy Modern, Renewable Hydropower
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Top 10 Oil and Gas Stocks to Invest In

Top 10 Oil and Gas Stocks to Invest In
The COVID-19 crisis clobbered the oil and gas industry. The industry that was already going through major changes amid price volatility and global shift to renewable energy saw billions of dollars disappear in value within a matter of weeks after the pandemic. According to energy consultant Wood Mackenzie, the global investment in oil and gas production is forecasted to remain below pre-pandemic levels until 2025. In 2020, oil and gas firms made up only 2.3% of the S&P 500, down from 15% in 2008. In the same year, S&P Dow Jones Indices reported the most significant revisions in the index in seven years where Salesforce.com, Inc. (NYSE:CRM) replaced the longest-serving component, Exxon Mobil Corporation (NYSE:XOM), which has been in the Dow since 1982. During the pandemic, the global oil demand decreased by up to 30 million barrels per day. In the United States alone, oil output dropped by approximately 2 million barrels per day, the large ....

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7 Oil Stocks to Buy As Production Ramps Up on Hope

7 Oil Stocks to Buy As Production Ramps Up on Hope
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Chevron, Moreld Invest In Floating Wind Tech Firm

Chevron, Moreld Invest in Floating Wind Tech Firm Ocergy
Credit: Ocergy
Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.
Ocergy, Inc, a company with offices in Oakland, California, and in Aix-en-Provence, France, said Tuesday it had secured investments from Chevron Technology Ventures (CTV) and the newly created floating wind company Moreld Ocean Wind (MOW).
The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy, Ocergy said without sharing details on the amount raised. ....

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