RECHARGE News – Oil giants BP and Chevron become part-owners of ‘world-changing’ deep-geothermal innovator Eavor
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in RECHARGE News. “Canadian start-up attracts $40m of new funding from six strategic partners to support the commercialization of its ‘holy grail’ technology. BP and Chevron have become part-owners of Eavor, the Canadian start-up that offers unlimited, […]
Bloomberg – Big Oil Invests in Startup That Drills for Clean Energy
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in Bloomberg. “Companies including the venture arms of BP Plc and Chevron Corp. invested $40 million in a startup that aims to use the fossil fuel industry’s drilling experience to expand a technology that harvests low-carbon energy […]
MarketWatch – This technology could transform renewable energy. BP and Chevron just invested
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in MarketWatch. “Eavor promises a groundbreaking form of geothermal energy that could be installed in many places around the world. BP and Chevron have made a landmark expansion into geothermal energy on Tuesday, betting on a new […]
Axios – Oil giants stake geothermal startup
Eavor’s announcement, ‘Global energy majors lead pivot to Eavor’s geothermal solution with USD$40 million investment’ has been featured in Axios. “The VC arms of Chevron and BP are funding Eavor, a startup looking to commercialize a form of geothermal energy that it says can provide large-scale power in many regions worldwide. Why it matters: It’s […]
