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Home > News > Focus on energy: nanotech extracts benefits for oil industry

August 11th, 2004

Focus on energy: nanotech extracts benefits for oil industry

Nanotechnology might be a buzzword in many boardrooms or business plans, but some of its pioneering processes are old hat to the oil industry.Big oil companies such as Chevron-Texaco Corp. and ConocoPhillips Co. have dedicated resources to researching and developing micro and nanoscale technologies for exploration, production or refining. Their efforts include investing in or collaborating with startups, and establishing in-house business units.


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