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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 and RenewableEnergy 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
a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven SR Inc., Earlier post.).
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.
Chevron is partnering with California natural gas retailer Clean Energy Fuels Corp. on Adopt-a-Port, an initiative that provides truck operators serving the ports of Los Angeles and Long Beach with cleaner, carbon-negative renewable natural gas (RNG) to reduce emissions.
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.
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.
Chevron Corporation completed its previously announced acquisition of RenewableEnergy Group (REG) following approval by REG stockholders. The new Chevron segment will be called ChevronRenewableEnergy Group. —Mark Nelson, executive vice president of Downstream & Chemicals for Chevron.
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. Under terms of the agreement, CTV will provide various sources of lignocellulosic feedstock to Mascoma. Earlier post.) Earlier post.)
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.
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.
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.) — Rob Sues, CEO of ARA.
A team from the US National RenewableEnergy Laboratory (NREL) and Chevron Corporation 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.
The Road Map stresses the versatility of hydrogen as an enabler of the renewableenergy 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.
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.
Biodiesel producer RenewableEnergy Group, Inc. a synthetic biology company developing fermentation-derived drop-in renewable fuels and chemicals ( earlier post ), for a purchase price of up to $61.5 Oh, RenewableEnergy Group President and CEO. REG) has acquired LS9, Inc., —Daniel J. Earlier post.).
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.).
ARA) and Blue Sun Energy, Inc. announced a partnership for the design, construction, and operation of a Biofuels ISOCONVERSION Process (BIC) demonstration system using the ARA and Chevron Lummus Global (CLG) process for the production of certification quantities of 100% drop-in renewable jet, diesel, and gasoline.
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.
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 Chevron Corporation and Weyerhaeuser Company focused on providing liquid transportation fuels from sustainable forest-based resources, have signed a feedstock supply agreement.
Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.
In today’s Electrek Green Energy Brief (EGEB): ExxonMobil and Chevron suffer shareholder rebellions over a lack of strategy for emissions reduction. Here’s the latest US Electric Power Monthly report, and what renewables are projected to do. Tesla now offers price matching, so it’s important to shop for the best quotes.
TAE Technologies , the world’s largest private fusion energy company, has spun-out a new subsidiary, TAE Power Solutions. 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 renewableenergy storage.
The US Department of Energy (DOE) announced more than $27 million in funding for 12 projects that will support the development of advanced plastics recycling technologies and new plastics that are recyclable-by-design. Partners include Allonia and the National RenewableEnergy Laboratory.
In today’s Electrek Green Energy Brief (EGEB): ExxonMobil and Chevron suffer shareholder rebellions over a lack of strategy for emissions reduction. Here’s the latest US Electric Power Monthly report, and what renewables are projected to do. Tesla now offers price matching, so it’s important to shop for the best quotes.
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. Earlier post.) Earlier post.) KiOR expects to begin production at its Columbus facility in the second half of 2012.
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.
Propel and PC&F have identified more than 80 potential locations for Clean Fuel Points throughout PC&F’s network of 300 stations in California, Washington, Oregon and Colorado, which operate under various brands including Chevron, 76, Conoco and Circle K.
crop oils and animal fats) to non-ester biofuels or intermediates—with Chevron Lummus Global’s ISOCONVERSION process technology to create drop-in biofuels that will be ready to use at 100% levels in jet and diesel engines, eliminating the need for blending with petroleum-derived fuels. to bring this effective energy solution to market.
A Navy ship has, for the first time, operated on a 100% drop-in renewable diesel fuel. Naval Surface Warfare Center, Port Hueneme Division’s (NSWC PHD) Self Defense Test Ship (SDTS) completed final-phase testing of a 100% drop-in renewable diesel fuel as part of the Navy’s MILSPEC qualification program. Earlier post.). Earlier post.)
Reflecting increased research interest in synthetic liquid fuels produced using renewable low-carbon electricity and CO 2 sources, e-fuels were added to the potential future fuel technologies that are evaluated. Selected fuel pathways were constrained to those deemed to be nationally scalable in the future.
(There are two listings for the butanol isomer n -butanol in the directory, from Chevron Oronite and Cobalt Technologies.). It has higher energy density than ethanol and lower RVP. It has higher energy density than ethanol and lower RVP. Earlier post.). —Gevo CEO Dr.
For example, Lux included BP’s bioethanol JV plant with British Sugar, but we did not include BP’s research work with the Energy Biosciences Institute. Lux charted the investment counts (rather than invested companies) of the seven most active oil majors in its database: Shell, BP, Total, Valero, Chevron, Petrobras and Reliance.
ExxonMobil said extended its support of the MIT Energy Initiative’s (MITEI) low-carbon energy research and education mission by renewing its status as a founding member for another five years. With its renewed membership, ExxonMobil will expand its participation in MITEI’s Low-Carbon Energy Centers.
an advanced fuels and renewable chemicals company, have entered into a multi-year agreement to source locally-grown grain sorghum. California-grown sorghum has proven to be cost competitive and energy efficient. Chromatin, Inc. and Aemetis, Inc., —Eric McAfee, Chairman and CEO of Aemetis.
energy sector will spur a flurry of M&A and investment activity in 2011 as renewableenergy. Sustainable Industries Predictions for 2011 include: Cap and Trade Discarded by Congress in National Energy Policy. A national energy policy is a top priority that crosses party lines given its importance to.
The round included participation from one of North America’s largest commercial fleets, ChevronRenewableEnergy Group, and Pittsburgh regional investors including: Idea Foundry, Inc., Optimus Technologies recently announced a $17.8-million million Series A funding round led by Mitsui & Co. out of Tokyo, Japan.
The US Environmental Protection Agency (EPA) recently granted Ensyn Corporation ( earlier post ) Part 79 registration for its renewable diesel product, RFDiesel. Ensyn’s key liquid product—RFO—is a heating fuel and can be used as renewable crude in refineries for the production of ASTM-spec gasoline and diesel.
The US Department of the Interior has approved the 1,000 MW Blythe Solar Power Project, the largest solar energy project yet to be built on US public lands. The Blythe Solar Power Project uses parabolic trough technology in which rows of parabolic mirrors focus solar energy on collector tubes.
The Series A was led by Breakthrough Energy Ventures (BEV) and joined by Chevron USA. This sets the stage for the scalable and sustainable production of algae oil as the feedstock of choice for sustainable aviation fuel (SAF) and renewable diesel (RD). and United Airlines Ventures.
USCAR is a partner in US DRIVE, which stands for United States Driving Research and Innovation for Vehicle efficiency and Energy sustainability. The tools, which were announced by DOE as part of its Clean Cities Initiative, are available online, making them accessible to consumers, installers, governments and businesses.
The United States needs to fundamentally rethink its policy of promoting ethanol to diversify its energy sources and increase energy security, according to a new research paper and accompanying policy paper by Rice University’s Baker Institute for Public Policy. Corn ethanol is capped at 15 billion gallons a year in the law.
Fortistar and Paloma Dairy have begun construction on a dairy digester renewable natural gas (RNG) facility, the Sunoma Renewable Biofuel Project. TruStar Energy, a Fortistar portfolio company and leading developer of natural gas fueling stations, will market and deliver the RNG fuel. The new facility will produce 1.6
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