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Cummins and Chevron advance strategic collaboration; focus on lower carbon-intensity fuels

Green Car Congress

Cummins and Chevron USA, a subsidiary of Chevron Corporation announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. This collaboration is intended to encourage commercial and industrial adoption in North America.

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Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position

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Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 REG was a founder of the renewable fuels industry and has been a leading innovator ever since. billion, or $61.50

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Chevron New Energies, Crowley invest in marine hydrogen tech company Zero Emission Industries

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The round is led by Chevron New Energies with additional investment from US-based shipping and logistics company Crowley. The investments from Chevron and Crowley create an integrated value chain from hydrogen production to power systems to vessels. ZEI currently offers the ZEP 250, a modular 250 kW hydrogen fuel cell power unit.

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

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a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic fuel facilities initially in California and then worldwide. Raven SR Inc., Earlier post.).

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Chevron and Cummins announce strategic collaboration on hydrogen

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Chevron USA, through its Chevron Products Company division, and Cummins announced a memorandum of understanding (MOU) to explore a strategic alliance to develop commercially viable business opportunities in hydrogen and other alternative energy sources. —Andy Walz, president of Chevron’s Americas Fuels & Lubricants.

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

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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.

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Chevron, Brightmark form JV for dairy biomethane fuel projects; RNG

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Brightmark LLC and Chevron have formed a joint venture, Brightmark RNG Holdings LLC, to own projects across the United States to produce and market dairy biomethane, a renewable natural gas (RNG). Chevron will purchase RNG produced from these projects and market the volumes for use in vehicles operating on compressed natural gas.

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