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Chevron fined $329,700 for violations of California’s gasoline regulation; over-oxygenated gasoline in 2010 and 2011

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that Chevron Corp. Chevron supplied gasoline in violation of state regulations at its Montebello and Richmond terminals. Chevron fully cooperated with ARB in this matter and took steps to correct the violations. The California Air Resources Board announced. In each case, the self-disclosed violations were for a total of 4.4

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Tokyo Electric signs equity and additional LNG offtake agreements with Chevron for Wheatstone Project

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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

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Chevron announces oil discovery in deepwater US Gulf of Mexico

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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

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

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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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Oil Majors’ Costs Have Risen 66% Since 2011

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Apex put together a proprietary index that measures cost pressure for the “supermajors” – ExxonMobil, Royal Dutch Shell, Chevron, Eni, Total and ConocoPhillips. Eni, for example, saw its development costs decline by 32 percent between 2011 and 2015, a notable achievement. But costs still stood 66 percent higher than in 2011.

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Consolidated bioprocessing company Aemetis licenses plant oil hydroprocessing technology from Chevron Lummus Global for renewable jet and diesel

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CLG is a completely integrated source for hydroprocessing technologies, catalysts, reactor internals and engineering and is a 50-50 joint venture between Chevron Products Company, a wholly owned subsidiary of Chevron Corporation, and Lummus Technology Inc., Aemetis, Inc., a CBI Company. —Leon DeBruyn, CLG CO-Managing Director.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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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 Wheatstone LNG project was sanctioned in September 2011 and is entering its first year of construction. We continue to develop an unparalleled project queue.

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