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

Green Car Congress

(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. —Steve Oldham, CEO of CE.

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Mascoma Announces Feedstock Processing and Lignin Supply Agreement with Chevron Technology Ventures; Chevron Working on Converting Lignin to Hydrocarbon Fuel Components

Green Car Congress

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.)

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Chevron announces successful test well at deepwater St. Malo in Gulf of Mexico

Green Car Congress

Chevron Corporation announced that it had conducted a successful production test on the St. Chevron’s Jack/St. Malo development is located approximately 280 miles (450 km) south of New Orleans, Louisiana, in 7,000 feet (2,134 m) of water. Chevron has a working interest of 51% in the St. Malo field.

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Chevron announces oil discovery in deepwater US Gulf of Mexico

Green Car Congress

Chevron Corporation announced a new oil discovery at the Moccasin prospect in the deepwater US Gulf of Mexico. The well is located approximately 216 miles (348 km) off the Louisiana coast in 6,759 feet (2,060 meters) of water and was drilled to a depth of 31,545 feet (9,615 meters). The Keathley Canyon Block 736 Well No.

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Chevron Sanctions Development of Deepwater Jack/St. Malo Project in the Gulf of Mexico; Initial Development Cost of ~$7.5B

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Chevron Corporation has sanctioned development of the Jack/St. Malo fields are located within 25 miles (40 km) of each other approximately 280 miles (450 km) south of New Orleans, Louisiana, in water depths of 7,000 feet (2,100 m). The initial development of the Chevron project will require an investment of approximately $7.5

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Chevron sanctions $4B Big Foot Project in the deepwater Gulf of Mexico

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Chevron Corporation 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).

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ExxonMobil to proceed with $14B Hebron heavy oil project off Canada’s East Coast; more than 700B barrels of oil

Green Car Congress

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. John’s in 90 to 100 meters (295 to 328 feet) of water.

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