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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. demonstration of Cummins’s new 15-liter natural gas engine for heavy-duty trucks ( earlier post ).
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.
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. million tonnes per annum (MTPA) and a domestic gas plant. Shell will also assume a 6.4%
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. The Greater Gorgon Area—comprising the Jansz and Gorgon fields—has projected natural gas resources equivalent to 6.7
A subsidiary of ChevronCorporation signed an agreement with affiliates of the Argentine oil company YPF S.A. that furthers the development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province. Earlier post.) The agreement calls for initial outlays of approximately $1.24
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 million cubic feet of natural gas per day. Chevron, through its subsidiary Chevron USA Inc., The Jack and St. Startup is anticipated in 2014.
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.
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. ” Inc; Audi; Chevron; Cummins Inc.; The report was developed with input from 19 companies and organizations: Air Liquide; American Honda Motor Co.,
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.
Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. Source: Chevron. Hebron co-venturers are Chevron Canada Limited (26.7%), Suncor Energy Inc.
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. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 China: development of the Chuandongbei natural gas project.
The California Air Resources Board announced nearly $1 million in penalties against 3 companies for late or inaccurate reporting of their greenhouse gas emissions for 2011. This action marks the second time the Air Resources Board has issued fines for violations of California’s Mandatory Greenhouse Gas Emissions Reporting regulation.
Estimated inventories of methane emissions from the natural gas production sector, excluding processing and transmission. A team of researchers from UT Austin’s Cockrell School of Engineering and environmental testing firms URS and Aerodyne Research completed measurements at 190 natural gas production sites across the United States.
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.
interest, ChevronCorporation, through its subsidiary Union Oil Company of California, has a 15.6% The facility was designed to process 80,000 barrels of oil and 60 million cubic feet of gas per day. ChevronCorporation announced the Moccasin discovery in the Lower Tertiary play on Keathley Canyon block 736.
A research team led by The University of Texas at Austin, and including engineering and environmental testing firms URS and Aerodyne Research, is conducting a major field study to measure methane emissions from natural gas production, about which little empirical data exist.
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.
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.
billion Quest project will be built on behalf of the Athabasca Oil Sands Project joint venture owners (Shell, Chevron and Marathon Oil) and with support from the Governments of Canada and Alberta. Shell will proceed with the first carbon capture and storage (CCS) project for an oil sands operation in Canada. Earlier post.).
Stanford University has launched a new research initiative to study comprehensively the development and use of natural gas. The new program will expand Stanford’s research on energy and the environment by focusing additional resources on the growing importance of natural gas. —Mark Zoback.
This AOSP expansion is one of a sequence of major projects that Shell intends will raise its global oil and gas production by 11% over the 2009 - 2012 period. Shell Canada Energy is 60% owner and operator of the Athabasca Oil Sands Project (AOSP) along with Chevron Canada Limited (20%) and Marathon Oil Corporation (20%).
Hess Corporation will proceed with the development of Tubular Bells, a deepwater oil and gas project operated by Hess in the Gulf of Mexico. billion, with additional commitments for production handling, export pipeline, and oil and gas gathering and processing services. The development is estimated to cost $2.3
Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity. Seneca Resources Corporation is the exploration and production (E&P) segment of National Fuel Gas Company, headquartered in Houston, Texas. from Chevron USA, a subsidiary of ChevronCorporation.
These processes help speed reclamation and decrease the amount of fresh water needed to process bitumen, while also reducing greenhouse gas emissions by isolating CO 2 in the tailings ponds. Greenhouse gas emissions. This pilot will be supported by funds from Alberta’s Climate Change and Emissions Management Corporation (CCEMC).
Separately and under the second agreement, Shell and Canadian Natural have completed the joint acquisition and now own equally Marathon Oil Canada Corporation, which holds a 20% interest in AOSP, from an affiliate of Marathon Oil Corporation for $1.25 billion each. billion of which $1.1 billion was taken in Q1, 2017 with a further $0.4
Until now, turbulent fluctuations in the exhaust gas stream have not been fully understood as one of the major sources of noise. The first developments in this direction have already been made, such as the chevron nozzle with its serrated trailing edge. Aircraft engine noise is a socially pressing issue with a wide range of causes.
Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. This work will focus on designing a carbon capture system capable of capturing 50 to 70 percent of CO 2 emissions from blast furnace gas. LH CO 2 MENT Colorado Project.
Prices for light oil are set at $67 per barrel and natural gas prices fixed at $7.50 According to the EIA , Argentina has over 800 trillion cubic feet of unproved technically recoverable shale gas reserves (more than the 622 tcf located in the US) and 27 billion barrels of shale oil, which is less than only the US, Russia, and China.
In December 2013, REG entered into an asset purchase agreement under which it would acquire substantially all of the assets of Syntroleum Corporation, and assume substantially all of the material liabilities of Syntroleum, a Fischer-Tropsch gas-to-liquids and renewable diesel fuel technology company. Earlier post.).
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. Cost of avoided greenhouse gas emissions. Elgowainy et al.
corporations have eager about adjoining fields in their fossil gas industry comparable to carbon seize and attic, hydrogen and lithium. Chevron itself has made unclouded it has incorrect plans to take a position considerably in large breeze and sun initiatives, pronouncing the returns are low and the contest is simply too prime.
Total corporate funding (including VC, debt, and public market financing) in battery storage came to $130 million in nine deals compared to $110 million in 14 deals in Q4 2018. Total corporate funding in Smart Grid came to $32 million in 16 deals compared to $272 million in 10 deals in Q4 2018. Smart Grid. In a YoY comparison, $1.3
Today's NYTimes has a big story about one way oil and gas companies continue to steal from us. They refused to pursue his case against Kerr-McGee Corporation. The oil and gas companies spent liberally to protect their profits from the California proposal. 2,000,000 from Chevron on October 17. And they make a good profit.
The four airlines—United Airlines, Alaska Airlines, American Airlines, and Cathay Pacific—represent nearly 70% of all flights at SFO, while the four fuel producers include SFO’s two primary suppliers, ChevronCorporation and Shell Oil Company along with Neste and LanzaTech, Inc. Patrick Gruber, CEO of Gevo.
Further, even though demonstration hydrogen/fuel cell vehicles are showing safe operation at ever-increasing driving ranges with compressed hydrogen gas storage, the existing DOE hydrogen storage centers of excellence, in the committee’s view, are likely to provide the best opportunity for finding better solutions, if they exist.
The US Environmental Protection Agency (EPA) recently granted Ensyn Corporation ( earlier post ) Part 79 registration for its renewable diesel product, RFDiesel. FCC units are found in most refineries worldwide and are used to produce gasoline and diesel from vacuum gas oil (VGO). The RTP process is actually an analog to FCC.
James Uihlein, Fuels Technology Advisor, ChevronCorporation, noted that the new Federal CAFE rulemaking did not identify any new fuel requirements. We are all going to need to work together to develop a clear executable implementation plan. And I didn’t even cover how we are going to do this at retail. —Coleman Jones.
Automakers and major environmental organizations stood behind the President as he unveiled a new national regime of higher CAFE and greenhouse gas emission standards. The push for hydrogen fuel cell and ethanol vehicles is essentially driven by the corporations with an interest. It’s far from a slam dunk.
ChevronCorporation announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day. billion, which includes $27.1
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