Oil giants BP and Chevron become part-owners of 'world-changing' deep-geothermal innovator Eavor
BP and Chevron have become part-owners of Eavor, the Canadian start-up that offers unlimited, on-demand renewable energy anywhere in the world through an innovative deep-geothermal solution.
The two oil majors were among six strategic investors who took part in a $40m funding round, and both are now likely to further assist Eavor financially and practically as the company builds out its first commercial projects.
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