Chevron (CVX) Acquires Stake in Svante

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/24/2026

1. RNG
2. DECK
3. WDC
4. BYD
5. SPOT
6. WCN
7. BMY
8. TSCO
9. BE
10. SPY

Go back to Chevron (CVX) Acquires Stake in Svante

Chevron Invests in Carbon Capture and Removal Technology Company, Svante

December 15, 2022 4:30 PM EST

HOUSTON & VANCOUVER, British Columbia--(BUSINESS WIRE)-- Chevron New Energies (CNE), a division of Chevron U.S.A. Inc., and Svante announced that Chevron is the lead investor in Svantes Series E fundraising round, which raised $318 million that will be used to accelerate the manufacturing of Svantes carbon capture technology.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221215005868/en/

We are advancing a full value chain carbon capture, utilization,... More