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Chevron / Toyota road trip demonstrates renewable gasoline blend

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Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. In February 2022, a team from Argonne National Lab published a report “Carbon Intensities of Refining Products in Petroleum Refineries with Co-Processed Biofeedstocks”.

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Chevron and Cummins announce strategic collaboration on hydrogen

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Chevron USA, through its Chevron Products Company division, and Cummins announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. —Andy Walz, president of Chevron’s Americas Fuels & Lubricants.

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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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Zero Emission Industries (ZEI), a hydrogen technology company for maritime, announced the first close of its Series A funding round. The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley. ZEI currently offers the ZEP 250, a modular 250 kW hydrogen fuel cell power unit.

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Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

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Canada-based Carbon Engineering Ltd. (CE) CE) has received equity investment from two global energy companies: Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental Petroleum Corporation; and Chevron Technology Ventures (CTV), the venture capital arm of Chevron Corporation.

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Aurora Hydrogen raises $10M Series A; microwave pyrolysis of natural gas for efficient low-carbon hydrogen production

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Canada-based Aurora Hydrogen, a company developing emission-free hydrogen production technology, has raised $10 million in Series A funding led by Energy Innovation Capital. Participating investors include Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation.

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Renewable fuels company Raven SR announces $20M strategic investment from Chevron, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund

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a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven SR Inc., Earlier post.).

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New Road Map to a US Hydrogen Economy

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A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Road Map to a US Hydrogen Economy ”. —Fuel Cell and Hydrogen Energy Association (FCHEA) President Morry Markowitz. million jobs by 2050.

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