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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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Chevron invests in Prussian Blue battery tech company Natron Energy; stationary storage for EV charging stations

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Natron Energy , a developer of new battery cell technology based on Prussian Blue analogue electrodes and a sodium-ion electrolyte, has closed a strategic investment by Chevron Technology Ventures (CTV) to support the development of stationary energy storage systems for demand charge management at electric vehicle (EV) charging stations.

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Aemetis expands license agreement with Chevron Lummus Global for renewable jet and diesel fuel technology

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an advanced fuels and renewable chemical company, signed an expanded, global license agreement with Chevron Lummus Global (CLG) for the production of renewable jet and diesel fuel by the conversion of existing biofuels and petroleum refineries. —Leon de Bruyn, Managing Director of Chevron Lummus Global. Aemetis, Inc.,

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Renewable Energy Group acquires drop-in renewable fuels company LS9 for up to $61.5 million

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LS9 has also discovered and engineered a new class of enzymes and their associated genes for the efficient conversion of fatty acids into hydrocarbons. LS9’s technology platform can utilize diverse feedstocks including conventional corn and cane sugars, low-cost crude glycerin from biodiesel production, and cellulosic sugars.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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Chevron Natural Gas Carbon Capture Technology Testing Project. Chevron USA. will demonstrate its low-cost ICE-31 solvent with enhanced stability technology on a flue gas slipstream at Los Medanos Energy Center, a commercially dispatched natural gas combined-cycle power plant in Pittsburg, CA. ION Clean Energy Inc.

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

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If the technology can be brought to scale, then waste feedstock processing could solve two problems at once—a source of low-cost, low-carbon renewable fuel, and a solution to the ever more critical issue to landfill reduction. As companies try to find the lowest cost option, several different operating models are emerging.

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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Dr. Don Paul is the Executive Director, University of Southern California Energy Institute and a former vice president and chief technology officer of Chevron. It is not how can we get low cost capital to take more risk. It is how do we lower the risk so low cost capital can participate.

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