Monday, December 2, 2024
Google and Chevron invest in nuclear fusion startup that’s raised $1.2 billion- oil and gas 360

Google and Chevron invest in nuclear fusion startup that’s raised $1.2 billion

CNBC Google and Chevron are part of a $250 million funding raise announced Tuesday for TAE Technologies, a nuclear fusion startup with an unconventional strategy that has now raised a total of $1.2 billion. Nuclear fusion is often referred to as the holy grail of clean energy because of its promise of generating nearly unlimited emission-free energy without the equivalent harmful, long-lasting radioactive waste

U.S. State Department adviser thinks Middle Eastern oil producers will boost supply- oil and gas 360

U.S. State Department adviser thinks Middle Eastern oil producers will boost supply

World Oil (Bloomberg) — A U.S. energy envoy said he is confident Persian Gulf producers will increase oil output after President Joe Biden’s visit to Saudi Arabia, where he met with regional leaders.   “Based on what we heard on the trip, I’m pretty confident that we’ll see a few more steps in the coming weeks,” Amos Hochstein, the State

Nuclear power plant lowers output to protect fish as Europe grapples with heatwave- oil and gas 360

Nuclear power plant lowers output to protect fish as Europe grapples with heatwave

CNBC A nuclear power plant in Switzerland is lowering its output in order to prevent the river that cools it from hitting temperature levels dangerous to marine life, in the latest example of how Europe’s current heatwave is having wide-reaching effects. On Monday, the Swiss Broadcasting Corporation’s international unit, citing the country’s public broadcaster SRF, said the Beznau nuclear power plant

Biggest private oil producer in the U.S. not for sale after founder’s death- oil and gas 360- oil and gas 360

Biggest private oil producer in the U.S. not for sale after founder’s death

World Oil (Bloomberg) — Mewbourne Oil Co., the largest private oil producer in the U.S., said it will remain in the hands of its controlling family after the recent death of its eponymous founder. Curtis Mewbourne, who started the company 57 years ago and helped to grow it into one of the most active drillers in the nation, passed away