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Chevron U.S.A. a subsidiary of ChevronCorporation, signed a definitive agreement to acquire full ownership of Beyond6, LLC (B6) and its network of 55 compressed natural gas (CNG) stations across the United States from Chevron’s current B6 co-owners, a subsidiary of Mercuria Energy Trading (Mercuria) and B6 CEO Andrew West.
Chevron USA, a subsidiary of ChevronCorporation, announced definitive agreements to supply fuel linked to renewable natural gas for a Walmart Inc. Chevron will be responsible for linking the renewable natural gas to the CNG dispensed by Walmart into its natural gas trucks.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing ChevronCorporation to resume limited natural resource extraction operations in Venezuela. from receiving profits from the oil sales by Chevron. Chevron currently holds a 39.2%
ChevronCorporation made a Series A investment in Zap Energy Inc. , It is now backed by an energy and technology-focused investor base, including Chevron. Our Future Energy Fund investment in Zap Energy adds to Chevron’s portfolio of companies we believe are likely to have a role in the energy transition.
Cummins and Chevron USA, a subsidiary of ChevronCorporation announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains.
ChevronCorporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 —Chevron Chairman and CEO Mike Wirth. In addition, REG president & CEO CJ Warner is expected to join Chevron’s Board of Directors.
ChevronCorporation announced that it had conducted a successful production test on the St. Chevron’s Jack/St. Malo fields are expected to provide a major step-up in Chevron’s production from 2014, said Gary Luquette, president, Chevron North America Exploration and Production Company. Malo field.
Mascoma Corporation has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron USA, Inc. Chevron and lignin for fuels. Chevron says tests have shown that this produced water does not inhibit the lignin conversion. Earlier post.)
ChevronCorporation reported that while its subsidiary, Chevron Brasil Upstream Frade Ltda., Source: Chevron. Chevron says the suspension of the drilling operations has no impact on its current production in the Frade field or on other Frade field operations. Drilling schematic. Click to enlarge.
Under the terms of the agreements, Chevron Canada Limited will acquire all of the interests currently owned by affiliates of EOG Resources Canada Inc. and Encana Corporation in the proposed Kitimat LNG Project and PTP. Operatorship of both facilities will transfer to Chevron Canada Limited.
ChevronCorporation announced the signing of agreements with Shell Development (Australia) Pty Ltd to bring Shell into the Chevron-operated Wheatstone Project as a natural gas supplier and equity participant. participating interest in the project facilities, with Chevron remaining project operator.
Chevron USA, a subsidiary of ChevronCorporation, and Iwatani Corporation of America (ICA), a wholly owned subsidiary company of Iwatani Corporation will co-develop and construct 30 hydrogen fueling sites in California by 2026.
A subsidiary of ChevronCorporation signed an agreement with affiliates of the Argentine oil company YPF S.A. Chevron Argentina currently produces an average of 21,000 barrels of crude oil and 4 million cubic feet of natural gas in the Neuquén Basin, where it holds operated interests ranging from 18.8 Earlier post.)
ChevronCorporation, through its subsidiary Chevron Shipping Company LLC, and the Angelicoussis Group , through its Energy Transition division, Green Ships, announced a Joint Study Agreement (JSA) to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel.
ChevronCorporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. Chevron, with a 43.75% working interest in the prospect, was the operator of the Moccasin discovery well. Chevron is one of the largest leaseholders in the Gulf of Mexico and is currently developing the $7.5
Progress Rail, a Caterpillar Company, BNSF Railway Company (BNSF), and Chevron USA, a subsidiary of ChevronCorporation, announced a memorandum of understanding (MOU) to advance the demonstration of a locomotive powered by hydrogen fuel cells. —Joe Creed, Caterpillar group president of Energy and Transportation.
ChevronCorporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. This transaction builds strength on strength for Chevron. in cash for each Anadarko share.
Chevron USA, a subsidiary of ChevronCorporation, and Bunge North America, a subsidiary of Bunge Limited, announced a memorandum of understanding (MOU) of a proposed 50/50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks.
USA, a subsidiary of ChevronCorporation, and Gevo have signed a letter of intent (LOI) to invest jointly in building and operating one or more new facilities that would?process In addition to co-investing with Gevo in one or more projects, Chevron would have the right to offtake approximately 150 million gallons per year to?market
ChevronCorporation has sanctioned development of its $4-billion Big Foot project in the deepwater US Gulf of Mexico. Big Foot will be Chevron’s sixth operated facility in the deepwater Gulf of Mexico and located approximately 225 miles (360 km) south of New Orleans, Louisiana, in water depths of 5,200 feet (1,600 m).
ChevronCorporation has sanctioned development of the Jack/St. The initial development of the Chevron project will require an investment of approximately $7.5 Chevron, through its subsidiary Chevron USA Inc., The Jack and St. Click to enlarge. million cubic feet of natural gas per day.
ChevronCorporation completed its previously announced acquisition of Renewable Energy Group (REG) following approval by REG stockholders. The new Chevron segment will be called Chevron Renewable Energy Group. —Mark Nelson, executive vice president of Downstream & Chemicals for Chevron. Earlier post.)
developer of a catalytic pyrolysis process to produce renewable oil from biomass ( earlier post ), has signed a ground fuel supply agreement with FedEx Corporate Services, Inc. Under the agreement, KiOR may supply renewable diesel blendstocks for purchase by affiliates of FedEx Corporate Services, Inc. Earlier post.).
CLG is a completely integrated source for hydroprocessing technologies, catalysts, reactor internals and engineering and is a 50-50 joint venture between Chevron Products Company, a wholly owned subsidiary of ChevronCorporation, and Lummus Technology Inc., Aemetis, Inc., a CBI Company.
Source: Chevron. Chevron Australia Pty Ltd, a subsidiary of ChevronCorporation, will proceed with the development of the large Gorgon natural gas project offshore Western Australia. Chevron Chairman Dave O’Reilly. Source: Chevron. Chevron will supply Osaka Gas 1.375 MTPA of LNG for 25 years.
An international consortium operated by ChevronCorporation’s subsidiary, Chevron Energía de Mexico, S de R.L. The consortium, which also includes partners Pemex Exploración y Producción and INPEX CORPORATION, was awarded the block on 5 December 2016, during Mexico’s 1.4 bid round.
Chesapeake Energy Corporation entered into multiple agreements to sell the vast majority of its Permian properties, substantially all of its midstream assets and certain noncore leasehold for total net cash proceeds of approximately $6.9 a subsidiary of ChevronCorporation. billion of term loans during the 2012 fourth quarter.
ChevronCorporation announced a significant oil discovery at the Anchor prospect in the deepwater US Gulf of Mexico. Anchor is Chevron’s second discovery in the deepwater Gulf in less than a year. Chevron subsidiary Chevron USA is the operator, with a 55% working interest in the Anchor prospect.
ChevronCorporation’s subsidiary, Chevron USA will now work with BP Exploration and Production Inc. (BP) Chevron has acquired an interest in Tiber and Gila from BP. Chevron, BP and ConocoPhillips already held interests in the Gibson prospect. Malo project.
Inc; Audi; Chevron; Cummins Inc.; Daimler AG: Mercedes-Benz FuelCell GmbH/Mercedes-Benz Research & Development North America; Engie; Exelon Corporation; Hyundai Motor Company; Microsoft; Nikola Motors; Nel Hydrogen; Plug Power; Power Innovations; Shell; Southern California Gas Company; Southern Company Services, Inc.;
A team from the US National Renewable Energy Laboratory (NREL) and ChevronCorporation has examined the chemical composition and properties of several diesel fuels and blendstocks derived from Fischer?Tropsch Tropsch (FT) synthesis, hydroisomerization of lipids, and fermentation of sugar via the terpenoid metabolic pathway. mass %).
Exxon Mobil Corporation is commencing development of the ultra-deepwater Julia oil field in the Gulf of Mexico. Malo production facility operated by Chevron USA Inc. ExxonMobil, the operator, and Statoil Gulf of Mexico LLC each hold a 50% interest in the Julia unit.
The assessed penalties are as follows: Chevron USA Inc. In a separate matter, Chevron North America Exploration & Production Company of Houston, TX has agreed to pay $328,500 for late reporting of greenhouse gas emissions from its San Joaquin Valley oil fields. In this case the data remained uncorrected for 243 days.
Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Total and Chevron are the most active corporate investors in the fermentation domain.
interest, ChevronCorporation, through its subsidiary Union Oil Company of California, has a 15.6% ChevronCorporation announced the Moccasin discovery in the Lower Tertiary play on Keathley Canyon block 736. The prospect is operated by Chevron USA Inc., —Bob Dudley, BP group chief executive. Earlier post.)
Energy industry: BP America, ChevronCorporation, ConocoPhillips, ExxonMobil Corporation, and Shell Oil Products US. Electric utility industry: DTE Energy, Southern California Edison, and the Electric Power Research Institute. US DRIVE partners will on the following technical areas: Advanced combustion and emission control.
Argentina state-owned energy company YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, agreed to invest $1.5 While most of the development is targeting unconventional oil will, a portion will be for wet gas exploitation.
US Drive—United States Driving Research and Innovation for Vehicle efficiency and Energy sustainability—is a government-industry partnership among the US Department of Energy; USCAR, representing Stellantis, Ford Motor Company, and General Motors; five energy companies (BP America, ChevronCorporation, Exxon Mobil Corporation, Phillips (..)
As the weather grows warmer, bears, birds, and corporate America begin to emerge from their respective hibernations. Bears will awaken hungry with thoughts of berries; birds will fly north, reversing their southern migration; corporate America will prepare their proxies and ballots. Article courtesy of Union of Concerned Scientists.
five energy companies—BP America, ChevronCorporation, Phillips 66 Company, ExxonMobil Corporation, and Shell Oil Products US; two electric utilities—DTE Energy and Southern California Edison; and the Electric Power Research Institute.
Kathy Mulvey, Climate accountability campaign director, Kathy Mulvey designs and leads corporate accountability initiatives and campaigns at UCS, conducting research and analysis, engaging corporate targets, building coalitions, and mobilizing experts and supporters. The […].
Ensyn Corporation and Brazilian wood pulp company Fibria Celulose S.A. have formed a strategic alliance that includes the establishment of an equally-owned joint venture for the production of cellulosic liquid fuels and chemicals in Brazil, as well as a US$20-million equity investment in Ensyn Corporation by Fibria. Earlier post.)
developer of a catalytic pyrolysis process to produce renewable oil from biomass, and Catchlight Energy LLC (CLE), a 50-50 joint venture between subsidiaries of ChevronCorporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, have signed a feedstock supply agreement.
plans to produce and supply biojet and renewable diesel in Japan at commercial scale in the 2020s with support from the City of Yokohama, Chiyoda Corporation, Itochu Enex Co., In June 2015, the company signed a Technology License Agreement for the ISOCONVERSION process with Chevron Lummus Global and Applied Research Associates (ARA).
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