article thumbnail

US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

Green Car Congress

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. from receiving profits from the oil sales by Chevron. Chevron currently holds a 39.2%

Venezuela 358
article thumbnail

Chevron / Toyota road trip demonstrates renewable gasoline blend

Green Car Congress

Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. During the tour, Chevron representatives will talk with members of the public about the benefits of lower carbon fuels such as biofuels and renewable gasoline blend.

Chevron 446
article thumbnail

Chevron and MOECO to collaborate on Advanced Closed Loop geothermal technology

Green Car Congress

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.

Chevron 199
article thumbnail

Battery-boosted EV chargers coming to Chevron, Texaco stations

Green Car Reports

The oil giant Chevron appears to be exploring exactly that, with an arrangement that will lead to the rollout at some U.S. Chevron and Texaco gas stations of DC fast-chargers capable of delivering 200 miles of range in 15 minutes. Are EV fast-charging stations smart business for existing gas stations?

Chevron 203
article thumbnail

Chevron, Bunge announce proposed JV for soybean feedstocks for renewable fuels

Green Car Congress

Chevron USA, a subsidiary of Chevron Corporation, and Bunge North America, a subsidiary of Bunge Limited, announced a memorandum of understanding (MOU) of a proposed 50/50 joint venture to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks.

Chevron 186
article thumbnail

Tesla topped by Chevron in latest most-shorted stock report

Teslarati

Tesla was topped in Hazeltree’s Short Crowdedness Report by Chevron in the firm’s April report. However, Chevron, an oil company that has been second to Tesla for several months in Hazeltree’s reports, topped the electric automaker this month.

Chevron 135
article thumbnail

UH researchers developing autonomous robot for subsea oil and gas pipeline inspection

Green Car Congress

To reduce the number of accidents in the global oil and gas industry caused by damaged pipelines, University of Houston researchers are developing an autonomous robot to identify potential pipeline leaks and structural failures during subsea inspections. When larger spills happen, pipelines are often the culprit.

Oil 221