DOE Invests $64 Million Towards Nuclear Technology Advancement

$64 million will be given in awards for an advanced nuclear energy technology to DOE national laboratories, industry, and 39 U.S. universities in 29 states from the U.S. Department of Energy. The DOE’s Office of Nuclear Energy has selected a total of 89 projects for funding of nuclear energy research, facility access, and crosscutting technology and infrastructure development.

The Nuclear Energy University Program, the Nuclear Energy Enabling Technologies, and the Nuclear Science User Facilities program are the three DOE programs that the awards are spread between.

NUEP was awarded $47 million to help support 63 U.S. university-led research projects. Another $5 million was awarded to NEUP to back 18 university-led projects for the research reactor and infrastructure improvements that are meant to provide integral safety, performance, and educational upgrades to some of the nation’s university research reactors.

NEET was awarded $5 million for 5 research and development projects that will be led by the DOE national laboratories, industry, and universities. The research will be conducted over crosscutting nuclear energy challenges.

Under NSUF, the DOE selected on industry and two university-led projects that will receive $6.6 million for research, facility access costs and expertise for investigation of important nuclear fuel and material applications.

Time Lapse Photography of Mountain

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Department of Energy Invests $64 Million in Advanced Nuclear Technology

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Intel Works Towards Water Recycling With Construction of Oregon Plant

Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most amazing experience possible while designing, manufacturing, and selling integrated digital technology globally.

Intel’s largest water recycling plant, located in Hillsboro, Oregon, is under construction. The goal of this three-year construction project will be to help meet Intel’s long-term water reduction and recycling goals. With the reconstruction, the company will be able to reduce its water use in its computer chip manufacturing, as well as recycle nearly 1 billion gallons of water each year. For perspective, that is equivalent to 90,000 Olympic-sized swimming pools. Upon completion, the plant will stand as the largest water recycling facility in the world.

The reconstruction project comes as part of Intel’s worldwide goal to return 100% of its water to communities and watersheds by the year 2025.

To learn more about Intel Corporation (INTC) and to track its progress please visit the Vista Partners Intel Corporation Coverage Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive!

Join us at Vista Partners! It’s FREE to receive email updates.

Under Construction: Intel?s Largest Water Recycling Plant

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Caterpillar Contributes to Utah’s Cleaner Mountain Air

Caterpillar, Inc. (CAT) is the world’s chief manufacturer of diesel and natural gas engines, construction and mining equipment, industrial gas turbines, and diesel-electric locomotives. Caterpillar, Inc. works to make sustainable progress possible and contributes to driving positive change on every continent.

A 76-year-old power plant in The City of Provo, Utah was recently replaced with a new one that is powered by five Cat G3520H natural gas generators. This new power plant, which is significantly cleaner that its former, will provide peak power to six municipalities in the Utah Valley Area.

Reducing emissions put off by power plants helps to make the air cleaner for over a million Utah Residents. The slopes and valleys of mountains tend to create a bowl effect and trap pollutants near the valley floor of mountains which can lead to increased coughing and asthma attacks among residents

To learn more about Caterpillar, Inc. (CAT) and to continue to track its progress please visit the Vista Partners Caterpillar, Inc. Coverage Page.

Breathing Cleaner Mountain Air in Utah

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Chevron Resumes Drilling in Kurdistan Region of Iraq (KRI)

Chevron recently confirmed that it has resumed drilling in the Kurdistan region of Iraq (KRI). Drilling had been originally suspended in October 2017 post an independence referendum that ignited issues between Baghdad & the semi-autonomous area’s government.

To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.

Chevron restarts drilling in Kurdistan region of Iraq (Feb 19)

U.S. oil company Chevron Corp on Monday said it had resumed drilling operations in the Kurdistan region of Iraq (KRI). “Chevron can confirm that it has resumed its activities in the KRI and we have restarted drilling operations at our Sarta 3 well,” Chevron spokeswoman Sally Jones said..

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Vista Partners Publishes Update Report on Dow 30 Component Chevron (NYSE: CVX)




Chevron Turns Within & Appoints New Chairman & CEO Michael K Wirth

San Ramon, California based Chevron Corporation is one of the world’s leading integrated energy companies. Through its subsidiaries that conduct business worldwide, the company is involved in virtually every facet of the energy industry. Chevron explores for, produces and transports crude oil and natural gas; refines, markets and distributes transportation fuels and lubricants; manufactures and sells petrochemicals and additives; generates power; and develops and deploys technologies that enhance business value in every aspect of the company’s operations.

This week Chevron Corporation (NYSE: CVX) announced that its Board of Directors elected within their ranks Michael K. Wirth chairman of the board and chief executive officer, effective February 1, 2018. Wirth, who is currently vice chairman of the board and executive vice president of Midstream and Development, succeeds John S. Watson, who will retire from the company and its board on February 1, 2018, after 37 years of distinguished service, including eight years as chairman and CEO.

Currently, Wirth is vice chairman of the board for Chevron, a position he has held since February 2017. He is also executive vice president of Midstream and Development for Chevron Corporation, a position he assumed in 2016. He is responsible for supply and trading, shipping, pipeline and power operating units. He also oversees corporate strategy, business development, and policy, government and public affairs.

Previously Wirth was executive vice president of Downstream & Chemicals. Prior to that he served as president of Global Supply and Trading from 2003 to 2006, leading Chevron’s worldwide supply and trading operations as well as its aviation and marine businesses.

In 2001, Wirth was named president of Marketing for Chevron’s Asia/Middle East/Africa business, based in Singapore. He also served on the board of directors for Caltex Australia Limited and GS Caltex Corporation in South Korea.

Wirth joined Chevron in 1982 as a design engineer. He earned a bachelor’s degree in chemical engineering from the University of Colorado in 1982.

Wirth stated, “I appreciate the confidence that John and the board have placed in me. Chevron has a proud 138-year history of developing the energy that improves lives and powers the world forward. I am honored to have been selected to carry on that tradition. Under John’s leadership, we’ve developed legacy assets in Kazakhstan, Australia and the Permian Basin that will underpin our portfolio for decades to come. John will also be remembered for his plain-spoken and principled views on company business and energy policy matters.”

To learn more about Chevron Corporation (NYSE: CVX) and to track their ongoing progress, please visit the Company Dedicated Page at Vista Partners.

Michael K. Wirth Named Chairman and CEO of Chevron

Chevron Corporation today announced that its Board of Directors elected Michael K. Wirth chairman of the board and chief executive officer, effective February 1, 2018. Wirth, who is currently vice chairman of the board and executive vice president of Midstream and Development, succeeds John S…

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Energy Titan Chevron (CVX) Needing A New Leader?

Chevron Corp. (CVX), the energy titan, is reported to be seeking new leadership as Chief Executive John Watson is looking to retire. Looking internally, their leading candidate is reported to be Michael Wirth who is a refining specialist at Chevron.

Chevron CEO John Watson plans to retire soon

Chevron Corp. Chief Executive John Watson is planning to step down as the energy giant seeks new leadership for a changing oil world, according to people familiar with the matter…

on.mktw.net

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Oil Recovers Post U.S. Inventory Data Released Today

OIl futures recovered from an early session drop and post the U.S. Inventory Data Release today. The release confirmed a decline in U.S. crude inventories was not as great as expected however it was coupled with encouraging data on domestic oil demand. Oil settled at $49.59 a barrel post last weeks run that took WTI above $50 a barrel.

Oil finds higher ground after U.S. inventory data

Oil futures gain ground in a choppy session as traders grapple with a smaller-than-expected decline in crude inventories amid a mixed bag of government data…

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Chevron Announced Quarterly Dividend

The Board of Directors of Chevron Corporation (NYSE: CVX) declared a quarterly dividend of one dollar and eight cents ($1.08) per share, payable March 10, 2017, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 16, 2017.

Press Release

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Howard Energy Expanding

Howard Energy is a company on the rise and one to watch! It will be interesting to see if they consider an IPO in 2017!

Howard Energy Partners to Significantly Expand Its Deep-Water Terminal in Port Arthur, Texas

HEP plans to significantly expand its bulk liquids terminal facility in Port Arthur, Texas. Expansion to include vessel and barge docks, and additiona..

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