Chevron Shares Soar 3.41% on New Fracturing Tech
Before the BellFriday, Jun 13, 2025 6:32 am ET
1min readOn June 13, 2025, Chevron's stock rose by 3.41% in pre-market trading, reflecting a significant boost in investor confidence and market sentiment.
Chevron, in collaboration with
, has developed a new intelligent hydraulic fracturing process. This innovative technology integrates automated stage execution with real-time subsurface feedback, optimizing energy delivery into the wellbore without the need for manual intervention. This advancement enhances the efficiency and consistency of fracturing operations, marking a significant leap in autonomous hydraulic fracturing technology.Additionally,
Lummus Global (CLG) and Neste have joined forces to develop a new technology that converts wood-based biomass into high-quality, low-emission renewable fuels. This collaboration aims to transform wood-based waste materials into valuable renewable resources, contributing to the production of sustainable aviation fuel (SAF) and renewable diesel. The successful validation of this technology represents a major milestone in the quest for sustainable energy solutions.
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