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Chevron U.S.A. a subsidiary of Chevron Corporation, 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 Corporation made a Series A investment in Zap Energy Inc. , Zap Energy will use the funds raised in this round to continue technology development and grow its development team. Viable fusion energy approaches must confine high-temperature plasmas at sufficient density for long durations. Resources. “
The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley. The investments from Chevron and Crowley create an integrated value chain from hydrogen production to power systems to vessels.
Chevron USA, through its Chevron Products Company division, and Cummins announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. —Andy Walz, president of Chevron’s Americas Fuels & Lubricants.
FreeWire Technologies, a global electric vehicle (EV) charging and energy solutions provider and a manufacturer of ultrafast, battery-integrated EV charging stations and power solutions ( earlier post ), announced a program to make available battery-integrated electric vehicle (EV) charging equipment and solutions for Chevron-branded stations.
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. Canada-based Carbon Engineering Ltd. (CE) —Steve Oldham, CEO of CE.
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 —Chevron Chairman and CEO Mike Wirth. In addition, REG president & CEO CJ Warner is expected to join Chevron’s Board of Directors.
Natron Energy , a developer of new battery cell technology based on Prussian Blue analogue electrodes and a sodium-ion electrolyte, has closed a strategic investment by Chevron Technology Ventures (CTV) to support the development of stationary energy storage systems for demand charge management at electric vehicle (EV) charging stations.
a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven’s non-combustion waste-to-energy process produces hydrogen fuel compliant with SAE J2719 (“Hydrogen Fuel Quality for Fuel Cell Vehicles”). Raven SR Inc., Earlier post.).
Brightmark LLC and Chevron have formed a joint venture, Brightmark RNG Holdings LLC, to own projects across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). Chevron will purchase RNG produced from these projects and market the volumes for use in vehicles operating on compressed natural gas.
Chevron is partnering with California natural gas retailer Clean Energy Fuels Corp. For its part, Chevron will provide funding for Adopt-a-Port and supply RNG to Clean Energy stations near the ports. For its part, Chevron will provide funding for Adopt-a-Port and supply RNG to Clean Energy stations near the ports.
The University of California, Davis announced the appointment of Professor Nicole Woolsey Biggart of the university’s Graduate School of Management to the Chevron Chair in Energy Efficiency. Chevron Corp. Chevron Corp.
Chevron announced that its wholly owned subsidiary Chevron Australia Pty Ltd. Chevron Australia) as operator and the Gorgon joint venture participants will proceed with the approximately $4-billion (AU$6 billion) Jansz-Io Compression (J-IC) project. —Nigel Hearne.
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. The processes described in the patent applications significantly increase the energy content of the lignin and reduce the oxygen content.
Chevron Corporation 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. Other owners of the St.
Chevron USA, through its Chevron Products Company division (Chevron), and Toyota Motor North America, Inc. This is another important step toward building a hydrogen economy. —Bob Carter, executive vice president, Toyota Motor North America.
Chevron Corporation 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.)
Under the terms of the agreements, Chevron Canada Limited will acquire all of the interests currently owned by affiliates of EOG Resources Canada Inc. Operatorship of both facilities will transfer to Chevron Canada Limited. and Encana Corporation in the proposed Kitimat LNG Project and PTP.
Chevron Corporation, 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.
Chevron’s focus on optimizing the thermal management of the Kern River field has resulted in a steady drop in the steam:oil ratio (barrels steam water per barrel oil), resulting in improved economics of the field even with slowly declining production. Source: Chevron. Here, Chevron has reduced its steam:oil ratio (i.e.,
Chevron Corporation’s Australian subsidiaries have signed additional binding agreements with Tokyo Electric Power Company (TEPCO) for liquefied natural gas (LNG) offtake and equity interests in the Chevron-operated Wheatstone Project. Joe Geagea, president, Chevron Gas and Midstream. Located at Ashburton North, 7.5
Chevron New Energies, and Mitsui Oil Exploration (MOECO) signed a Joint Collaboration Agreement to explore the technical and commercial feasibility of advanced geothermal power generation in Japan. Chevron and MOECO share a goal of delivering lower carbon energy solutions, while meeting the need for reliable, affordable energy.
Starfire Energy, a Colorado-based developer of modular chemical plants for the carbon-free production of ammonia and hydrogen, has closed a major funding round. Proceeds will be used to advance the development of commercial-scale applications to decarbonize ammonia production and unlock its potential as a zero-carbon energy carrier.
Chevron Corporation 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
A subsidiary of Chevron Corporation 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.)
Progress Rail, a Caterpillar Company, BNSF Railway Company (BNSF), and Chevron USA, a subsidiary of Chevron Corporation, 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.
Chevron Technology Ventures, a division of Chevron USA Inc. that identifies, evaluates and demonstrates emerging technologies, launched a demonstration project to test the viability of using solar energy to produce oil. The project uses more than 7,600 mirrors to focus the sun’s energy onto a solar boiler.
Raven SR, a renewable fuels company; Chevron New Energies, a division of Chevron USA; and Hyzon Motors are collaborating to commercialize operations of a green waste-to-hydrogen production facility in Richmond intended to supply hydrogen fuel to transportation markets in Northern California.
Blue Sun Energy, ARA Inc. and Chevron Lummus Global (CLG) achieved a key development milestone with their 100 barrel/per day (4,200 gallon/per day) demonstration-scale Biofuels ISOCONVERSION (BIC) facility in St. Joseph, Missouri. Earlier post.)
Chevron Products Company, a Chevron USA Inc. Delo 400 SD SAE 15W-30 is an API CJ-4 heavy duty diesel engine oil formulated using a new Chevron patent pending technology to provide key benefits for engines with “severe duty” cycles in on- and off-highway applications.
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.
Source: Chevron. Chevron Australia Pty Ltd, a subsidiary of Chevron Corporation, will proceed with the development of the large Gorgon natural gas project offshore Western Australia. Chevron Chairman Dave O’Reilly. Source: Chevron. Chevron anticipates that project emissions will be reduced by approximately 40% (~3.7
Yeah, I’m talking to you Exxon/Mobil mercenaries who work at the Torrance refinery and you amoral assassins who get your blood money from the Chevron refinery in El Segundo. And we’re going to make the rest of the USA as energy efficient as California has been. How do you like me now South Bay spewers of greenhouse gases?
Don Paul, who retired from Chevron as vice president and chief technology officer and currently directs the Energy Institute at the University of Southern California (USC), has joined algae biofuels company LiveFuels, Inc.’ scientific advisory board.
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.; Toyota; and Xcel Energy.
The Pacific Santa Ana , a deepwater drillship built to Chevron’s specifications, has arrived in the Gulf of Mexico to work for Chevron under a five-year contract with a subsidiary of Pacific Drilling S.A. Dual Gradient Drilling: The System (Chevron presentation June 2011). Comparison between conventional and DGD configurations.
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 Chevron Corporation. billion of term loans during the 2012 fourth quarter.
Chevron Corporation 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.
Canada-based Aurora Hydrogen, a company developing emission-free hydrogen production technology, has raised $10 million in Series A funding led by Energy Innovation Capital. Participating investors include Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation.
In today’s Electrek Green Energy Brief (EGEB): ExxonMobil and Chevron suffer shareholder rebellions over a lack of strategy for emissions reduction. more… The post EGEB: ExxonMobil, Chevron suffer stunning shareholder backlash appeared first on Electrek. Click here to learn more and get your quotes. — *ad.
Source: Chevron. Hebron co-venturers are Chevron Canada Limited (26.7%), Suncor Energy Inc. 22.7%), Statoil Canada (9.7%) and Nalcor Energy Oil and Gas (4.9%). Capital cost for the project, which is expected to begin oil production around the end of 2017, is estimated at $14 billion. Location of Hebron field.
Chevron Corporation 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.
Playa Del Rey’s other big customer is Chevron. And because I completely agree with Mayor Garcetti that – “The risks are so high that it’s time for us to ween ourselves off carbon-based energy. ” – this means that mega-polluting, constantly climate-killing, fossil fuel Chevron must go too.
MOL) and Chevron Singapore signed a memorandum of understanding (MoU) for a strategic alliance aimed at lowering the carbon intensity of the marine energy industry. MOL is honored to have the opportunity to jointly study GHG emission reductions through this MoU with Chevron. Mitsui O.S.K. Lines, Ltd.
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