Cenovus invests in Skyonic Corp.

By OGJ editors

Cenovus Energy Inc. invested $2.5 million in Skyonic Corp., a company that develops technology to turn carbon dioxide emissions into profitable products.

Skyonic of Austin, Tex., is deploying its technology at a full-scale commercial facility.

The investment was made through the Cenovus Environmental Opportunity Fund, which makes strategic investments in companies pursuing technological innovations for the energy industry. The fund is a wholly-owned subsidiary of Cenovus.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...