Chevron has set a net-zero target for upstream emissions by 2050
Chevron ups investment in UK carbon capture developer
US oil major makes second investment in London-based modular carbon capture developer Carbon Clean
Chevron has increased its investment in Carbon Clean, a UK-based developer of modular carbon capture systems, which it initially backed in 2020. The latest investment, the value of which was not disclosed, includes an agreement to potentially develop a carbon capture pilot using Carbon Clean technology on a gas turbine in the San Joaquin Valley in California. “We look forward to partnering with Carbon Clean to help advance Chevron’s pursuit of lower-carbon solutions,” says Chris Powers, vice-president of carbon capture, utilisation, and storage (CCUS) at Chevron New Energies (CNE). “Chevron has a long history of supporting innovation. We strive to apply our internal capabilities and longstan
Also in this section
11 April 2025
As the global economy grows, demand for materials is expected to increase. The way materials are made could incorporate new technologies in the future to ensure economic growth is more sustainable
9 April 2025
AI is powering the Middle East & North Africa’s digital transformation, but can the region meet soaring energy demand sustainably? Small modular reactors may hold the key
8 April 2025
STRATOS project in Texas granted Class IV permits despite deep uncertainty over Trump administration’s readiness to support carbon management tech
8 April 2025
Gulf Energy to provide AIQ with exclusive access to its proprietary datasets and industry-leading documents. ENERGYai is already trained on petabytes of operational data from ADNOC, and this agreement will provide the solution with access to even greater quantities of relevant, high-quality industry information
