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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.
(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 ChevronCorporation. since 2015.
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. This collaboration is intended to encourage commercial and industrial adoption in North America.
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 REG was a founder of the renewable fuels industry and has been a leading innovator ever since. billion, or $61.50
Mascoma Corporation has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron USA, Inc. CTV is developing proprietary technology and catalysts for the conversion of lignin into hydrocarbon components for transportation fuels. Earlier post.)
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.
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 process inedible corn to produce sustainable aviation fuel (SAF), which can lower the lifecycle carbon intensity of fuels used in the aviation industry.
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.
Applied Research Associates (ARA) and Chevron Lummus Global (CLG) are partnering with the National Research Council of Canada (NRC), the US Air Force Research Laboratory (AFRL), and Agrisoma Biosciences Inc. to evaluate CLG and ARA’s 100% drop-in ReadiJet Fuel derived from Agrisoma Resonance feedstock. Overview of the ReadiJet process.
Argonne National Laboratory has published a new cradle-to-grave (C2G) lifecycle analysis (LCA) of US LDV vehicle-fuel pathways. The study provides a comprehensive analysis of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways; the levelized cost of driving (LCD); and the cost of avoided GHG emissions.
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.
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.
The intermediate oils are then hydrotreated and deoxygenated using CLG’s ISOCONVERSION catalysts to produce drop-in jet fuel and diesel. In May of this year, CLG joined ARA’s ReadiJet Alternative Fuel Initiative for drop-in biofuels. Aemetis Advanced Fuels, a subsidiary of Aemetis, retrofitted and. Aemetis, Inc., a CBI Company.
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.).
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. ” —Fuel Cell and Hydrogen Energy Association (FCHEA) President Morry Markowitz. Inc; Audi; Chevron; Cummins Inc.; million jobs by 2050.
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.)
The report is organized by technical area, with highlights in three general categories: vehicles; crosscutting areas; and fuels. Vehicles includes projects on advanced combustion and emissions control electrical and electronics; electrochemical energy storage; fuel cells; materials; and. vehicle systems and analysis.
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.
ChevronCorporation announced a $32.7 Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. The program also supports continued exploration and appraisal activity in Chevron's focus areas of Western Australia, the Gulf of Mexico and western Africa.
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.
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 The use of renewable fuels is growing in many parts of the world for a variety of reasons, including government mandates.
Energy industry: BP America, ChevronCorporation, ConocoPhillips, ExxonMobil Corporation, and Shell Oil Products US. Fuel cell power systems. Fuel pathway integration. Electric utility industry: DTE Energy, Southern California Edison, and the Electric Power Research Institute. Electric propulsion systems (e.g.,
As highlighted at the 2013 SAE International High Octane Fuels Symposium (HOF) last week, high octane fuels—combined with optimized engines—are viable enablers to higher efficiency operation. When ethanol is used as the octane enhancer, there is an added benefit due to the latent heat of vaporization of that fuel.
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.
Gevo has signed on to a Memorandum of Understanding (MOU) with a group of eight airlines and certain fuel producers to work cooperatively on expanding the use of Sustainable Aviation Fuels at San Francisco International Airport (SFO). Airlines at SFO currently use more than 1 billion gallons of jet fuel annually. 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.
a synthetic biology company developing fermentation-derived drop-in renewable fuels and chemicals ( earlier post ), for a purchase price of up to $61.5 Investors in LS9 included CTTV Investments LLC, the venture capital arm of Chevron Technology Ventures LLC; Flagship Ventures; Khosla Ventures and Lightspeed Venture Partners.
A team of researchers in the US and Australia has developed a new correlation between the octane index (OI) of a range of refinery stream fuels and Homogeneous Charge Compression Ignition (HCCI) combustion phasing. Variations in chemical composition obviously affect chemical kinetics of real fuels. —Lacey et al.
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., The company will build Japan’s first demonstration plant for the production of biojet/biodiesel fuels in Yokohama, with operations planned to begin in 2018.
CLE’s purchase of products is contingent on, among other things, satisfaction of product specification criteria and RIN certification of the products as cellulosic biofuels under the US Renewable Fuel Standard. Re-Crude is refined into gasoline and diesel blendstocks that are compatible with existing fuel infrastructure. Earlier post.)
In addition to advanced batteries, such technologies include systems for hydrogen storage and hydrogen fuel cells, the review panel said. The report comes in the context of the proposed zeroing-out of hydrogen fuel cell vehicle research funding in the DOE’s proposed FY 2010 budget. Earlier post.).
Chevron, Google, Reimagined Ventures, Sumitomo Corporation of Americas, and TIFF Investment Management are among the company’s most recent investors, along with a large US West-coast-based mutual fund manager and a big US pension fund.
Through these acquisitions, TAE Power Solutions gains an early foothold in existing projects, including APC18 CELERITAS , a program to develop an ultra-fast charging battery and pack for electric and fuel cell hybrid vehicles with BMW and other project partners. billion.
By Nicole Pinko, Corporate Analyst & ENGAGEMENT SPECIALIST As the weather grows warmer, bears, birds, and corporate America begin to emerge from their respective hibernations. The post ExxonMobil Versus Chevron: Fight for Second-to-Last Place Among Fossil Fuel Companies Has Begun appeared first on EV Obsession.
Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.
The CO 2 Capture project (a partnership of six of the world’s major energy companies including BP, Chevron, Eni, Petrobras, Shell and Suncor), Cenovus, Devon, Statoil, MEG and Praxair are partnering to demonstrate Oxy-Fuel combustion in once-through steam generators (OTSGs). Devon Canada Corporation. Greenhouse gas emissions.
The US DRIVE Cradle-to-Grave Working Group has published the “Cradle-to-Grave Lifecycle Analysis of US Light-Duty Vehicle-Fuel Pathways: A Greenhouse Gas Emissions and Economic Assessment of Current (2015) and Future (2025–2030) Technologies” Argonne National Lab Report. C2G GHG emissions of various vehicle-fuel pathways.
With a goal of obtaining scientifically rigorous, representative data from multiple producing basins, the study brings together Environmental Defense Fund (EDF), the university and nine of the nation’s leading natural gas producers: Anadarko Petroleum Corporation, BG Group plc, Chevron, Encana Oil & Gas (USA) Inc.,
Using activated amine (ADIP-X), Quest will capture one-third of the CO 2 emissions from Shell’s Scotford Upgrader, which turns oil sands bitumen into synthetic crude that can be refined into fuel and other products. The CO 2 is a byproduct of the production of hydrogen, which is used to upgrade the bitumen.
That means consumers are not reaping the benefits of cheap fuel. The Vaca Muerta has attracted companies from around the world, including ExxonMobil, Chevron, Royal Dutch Shell and Gazprom. Meanwhile, a corporate makeover is also underway. Prices for light oil are set at $67 per barrel and natural gas prices fixed at $7.50
The US Environmental Protection Agency (EPA) recently granted Ensyn Corporation ( earlier post ) Part 79 registration for its renewable diesel product, RFDiesel. Ensyn has more than 25 years of commercial operations and has produced more than 40 million gallons of liquid fuels and chemicals from wood residues.
US production has risen almost 50% in the past 10 years, and global demand for gas is anticipated to outpace all other fossil fuels. If developed in a responsible manner, natural gas can be the critical transition fuel that reduces the environmental impacts of fossil fuels and keeps us on a path toward a decarbonized energy future.
Chevron Natural Gas Carbon Capture Technology Testing Project. Chevron USA. Georgia Tech Research Corporation plans to develop and test MIL-101(Cr)-based sorbents in the form of powders, in composite polymer/MOF fibers and on the surface of monoliths. DOE Funding: $1,499,954; Non-DOE Funding: $375,000; Total: $1,874,954.
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