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Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position

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Chevron Corporation 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

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Cummins and Chevron advance strategic collaboration; focus on lower carbon-intensity fuels

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Cummins and Chevron USA, a subsidiary of Chevron Corporation 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.

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Chevron, Gevo to pursue sustainable aviation fuel investment; inedible corn feedstock

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USA, a subsidiary of Chevron Corporation, 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.

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Consolidated bioprocessing company Aemetis licenses plant oil hydroprocessing technology from Chevron Lummus Global for renewable jet and diesel

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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 Chevron Corporation, and Lummus Technology Inc., Aemetis, Inc., a CBI Company. Earlier post.)

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Chevron Lummus and ARA partner with Agrisoma, US AFRL and Canada’s NRC to evaluate and to flight test ReadiJet 100% renewable biojet fuel

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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. Overview of the ReadiJet process. Click to enlarge. Earlier post.). Agrisoma Biosciences Inc., a CB&I Company.

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New Road Map to a US Hydrogen Economy

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The Road Map stresses the versatility of hydrogen as an enabler of the renewable energy system; an energy vector that can be transported and stored; and a fuel for the transportation sector, heating of buildings and providing heat and feedstock to industry. Inc; Audi; Chevron; Cummins Inc.; million jobs by 2050.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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TAE Power Solutions intends to deliver a novel technology to improve fundamentally the reliability, efficiency, longevity, and affordability of electric-powered products, from vehicles to renewable energy storage. billion.

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