Chariot shares soar as investors cheer funding and spin-out plan It is not that uncommon to find small caps with parts that are worth more than the sum. But, it is rarer to see management teams get on the front foot to successfully unlock these discounted valuations. There are, of course, different reasons such discounts exist. Most come down to one of two factors:...
By Tural heybatov The European Commission has selected 15 projects focused on the production of renewable hydrogen in five countries within the European Economic Area. These initiatives will receive up to €992 million in public funding through the EU’s Innovation Fund. According to ESG News, the funding has been awarded to hydrogen projects aimed at producing 2.2 million...
Bookmark (0) Please login to bookmark Close Chinese energy giant Sinopec has introduced a hydrogen-focused venture capital fund with an initial capital injection of 5 billion yuan (approximately $690 million), marking the country’s largest investment vehicle dedicated to the hydrogen sector. The initiative underscores Sinopec’s commitment to clean energy and...
Plagazi signs €29,5 million grant agreement with the EU Innovation Fund Publish date: 26 May 2025 19:00 Gothenburg, 22.05.2025 – The € 29.5 million grant previously awarded from the EU Innovation Fund has now been signed and officially allocated to Plagazi’s flagship project ‘Gävle Circular Park’. The grant signature follows the grant nomination back in...
(1) See "Non-GAAP and Other Financial Measures" section. Three Months EndedOPERATING RESULTS (1)March 31 2025 2024 % Change Daily production (2) Oil and condensate (bbls/d)184300(39)Other NGLs (bbls/d)2537(32)Oil and NGLs (bbls/d)209337(38)Natural gas (mcf/d)3,3113,934(16)Oil equivalent (boe/d)761993(23) Oil and natural gas sales Oil and condensate...
China’s largest hydrogen-focused fund will target early-stage technologies and infrastructure development.Sinopec has launched a 5 billion yuan ($690 million) venture capital fund dedicated to advancing hydrogen energy, marking the country’s largest fund of its kind aimed at accelerating clean energy innovation. Announced on Thursday, the new fund will invest across the entire hydrogen value chain,...
China oil and gas major Sinopec has unveiled a $690m venture capital fund to support early-stage hydrogen investments and technologies.The fund will be managed by Sinopec Private Equity Fund Management, a wholly owned subsidiary of Sinopec Capital.The announcement provides further evidence of China’s pre-eminent position in hydrogen and follows $321m of funding from the Chinese finance...
Halifax will convert four city buses to be powered by hydrogen and diesel for a pilot project aimed at finding out whether the technology could be a good fit to expand into the fleet.Regional council approved the funding for the hydrogen-diesel demonstration on Tuesday. The city is spending about $122,500 with $367,500 coming from the province's Clean Fuels Fund.Cities across Canada have started...
Sweden’s cleantech company Plagazi has received a €29.5 million grant from the EU Innovation Fund for ‘Gävle Circular Park,’ its flagship project described as a key part of efforts to advance the development of local value chains across several sectors, including hydrogen transport, CO2 transport and storage, and renewable energy integration.Courtesy of the European Commission; Credit:...
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