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MOL and Chevron to partner on lowering carbon intensity of marine industry; tankers first

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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. They will seek to collaborate on a variety of potential business opportunities that lead to a lower-carbon future. Mitsui O.S.K. Lines, Ltd.

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Aurora Hydrogen raises $10M Series A; microwave pyrolysis of natural gas for efficient low-carbon hydrogen production

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Participating investors include Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. There is an accompanying need to develop new low-cost and low-carbon technologies for hydrogen production. T in 2025, according to the Hydrogen Council.

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Raven SR, Chevron and Hyzon Motors collaborate to produce hydrogen from green waste in Northern California

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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.

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Aker Solutions awarded subsea gas compression contract for Jansz-Io

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Aker Solutions has been awarded a major contract from Chevron Australia Pty Ltd to provide a subsea gas compression system for the Jansz-Io field, offshore Western Australia. The scope covers engineering, procurement and construction (EPC) of the all-electric subsea gas compression system. Earlier post.)

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Chevron invests in nuclear fusion start-up Zap Energy

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Chevron Corporation made a Series A investment in Zap Energy Inc. , Nuclear fusion occurs when nuclei of lightweight elements (typically hydrogen) collide with enough force to fuse and form a heavier element—a process that releases substantial amounts of energy with no greenhouse gas emissions and limited long-lived radioactive waste.

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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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The US Department of Energy (DOE) announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Enabling Production of Low Carbon Emissions Steel Through CO 2 Capture from Blast Furnace Gases.

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New Road Map to a US Hydrogen Economy

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A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” Inc; Audi; Chevron; Cummins Inc.; For US transport, hydrogen is a strong low-carbon alternative. Demand potential across sectors, base and ambitious cases.

Economy 521