BP Ventures
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Denbury acquires carbon-storage land in the South, Baker Hughes forms a new wells consortium, and Chevron and BP expand their investments. Hydrogen takes center stage across the globe, while the international energy transition makes strides toward its goals.
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The company uses unmanned aerial vehicles to measure methane offshore.
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Satelytics, a US-based geospatial analytics software startup, will receive $5 million from BP Ventures to develop its methane-detection technology and then scale its applications across the oil and gas sector.