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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. Fort Capital acted as advisors to CE on this transaction.

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Renewable fuels company Raven SR announces $20M strategic investment from Chevron, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund

Green Car Congress

a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. This permits the control of the rotary reformer when there is water content or chemical makeup variation in the feedstock, such as in MSW. Raven SR Inc., Earlier post.).

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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 to proceed with $4B Jansz-Io subsea compression project

Green Car Congress

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.

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Chevron, Statoil and Repsol conclude agreements for exploration offshore Atlantic Canada

Green Car Congress

Chevron Canada Limited, Statoil Canada Ltd. These new joint ventures over large blocks in deep water represent important strategic steps for all three companies. Chevron will be the operator with 65% equity interest. John’s, NL, in water depths ranging from 700 to 2,600 meters (2,297 to 8,530 feet). Flemish Pass Basin.

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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. Other owners of the St.

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Chevron leveraging information technology to optimize thermal production of heavy oil with increased recovery and reduced costs

Green Car Congress

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.,

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