venture capital
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The London-based supermajor is stepping back from startup investing as it seeks to focus capital on its oil and gas business.
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Venture groups spend their time evaluating hundreds of companies each year to only make a handful of investments. These two cover interesting ends of the upstream spectrum: aerial drones and downhole artificial lift.
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Oil and gas entrepreneurs need more than just a brilliant idea to attract investment, and investors have to offer more than just money.