Chevron Invests In Carbon Capture And Removal Technology Company, Svante
December 16, 2022
December 16, 2022
HOUSTON, Texas, Dec. 16 -- Chevron, an energy company, issued the following news release:
Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in Svante's Series E fundraising round, which raised $318 million that will be used to accelerate the manufacturing of Svante's carbon capture technology.
"We are advancing a full value chain carbon capture, utilization, and storage (CCUS) business an . . .
Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in Svante's Series E fundraising round, which raised $318 million that will be used to accelerate the manufacturing of Svante's carbon capture technology.
"We are advancing a full value chain carbon capture, utilization, and storage (CCUS) business an . . .