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

Occidental Petroleum and Chevron invest in direct air carbon capture and synthetic fuels company Carbon Engineering

Green Car Congress

Canada-based Carbon Engineering Ltd. (CE) 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.

Chevron 351
article thumbnail

Optimus Technologies closes $17.8M Series A to advance Vector System for heavy-duty engines on 100% biodiesel

Green Car Congress

The round included participation from one of North America’s largest commercial fleets, Chevron Renewable Energy Group, and Pittsburgh regional investors including: Idea Foundry, Inc., The Vector System is an advanced fuel system upgrade that integrates into existing engines without significant modifications. out of Tokyo, Japan.

Engine 259
article thumbnail

Samsung Ventures makes strategic investment in renewable fuels company Raven SR

Green Car Congress

Samsung Ventures’ strategic investment illustrates heightened demand for scalable renewable fuel production to respond to climate change concerns, Raven SR says. The South Korean government recently announced plans to provide 27.9 Raven SR’s technology is designed to produce more green hydrogen per ton of waste than competing processes.

Renewable 199
article thumbnail

TAE Technologies exceeds fusion reactor performance goals by 250% as company closes $250M round; $1.2B to date

Green Car Congress

In its recently closed Series G-2 financing round, TAE secured $250 million from investors in the energy, technology, and engineering sectors to support the company’s mission to deliver a long-term solution to rapidly growing electricity demand while providing global energy independence and security.

Fusion 243
article thumbnail

Disneyland will remake its Autopia around EVs in 2026

Baua Electric

Disneyland will phase out the gasoline engines in its Autopia vehicles “within the next 30 months,” according to the Los Angeles Times. Opened in 1955, Autopia was originally sponsored by Richfield Oil (which later merged into ARCO), and then by Chevron from 2000 to 2012.

article thumbnail

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

Green Car Congress

Under the first FOA (DE-FOA-0002187), Capture Research and Development (R&D): Engineering Scale Testing from Coal- and Natural-Gas-Based Flue Gas and Initial Engineering Design for Industrial Sources, DOE selected nine projects to receive $51 million for cost-shared R&D. LH CO 2 MENT Colorado Project.

Carbon 236