News: Chevron Creates Solar Oil Power

Chevron technology Ventures (a division of Chevron USA), have launched a brand new project to test solar power energy production of oil. The project demonstrates the production of oil using over 7,600 mirrors to focus the solar energy into a specially designed solar boiler. The steam produced from this project is then injected large oil reservoirs in order to increase oil production. The project is being heralded as thelargest of it's kind in the world.

"Through this demonstration, we want to determine the feasibility of using solar power for enhanced oil recovery," said Desmond King, president of Chevron Technology Ventures. "This technology has the potential to augment gas-powered steam generation and may provide an additional resource in areas of the world where natural gas is expensive or not readily available."

This project should allow more effective oil extraction that yields strong results in areas where oil production is currently weak. This means oil supplies should start increasing when the project is in full swing to keep up with consumer demand.