Green Car Congress

APRIL 14, 2023

bp has successfully started oil production at its Argos offshore platform, strengthening bp’s position as a leading producer in the deepwater US Gulf of Mexico. Argos is the centerpiece of bp’s Mad Dog Phase 2 project, which extends the life of the super-giant oil field discovered in 1998. Earlier post.) bp is the operator with 60.5%

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Mexico 2008 Oil Production 259

Green Car Congress

DECEMBER 14, 2016

Chevron Products Company, a division of Chevron USA, and Novvi LLC announced that Chevron has made an equity investment in Novvi LLC (a joint venture of Amyris, Inc.; Chevron is a leading manufacturer of premium base oils and one of the world’s largest suppliers of finished lubricants.

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Chevron Oil Renewable USA 150

Electrek

SEPTEMBER 14, 2021

Oil giant Chevron USA and Gevo, a Douglas County, Colorado-headquartered renewable chemicals and advanced biofuels company, today announced a letter of intent to jointly invest in building and operating one or more new facilities that will process inedible corn to produce sustainable aviation fuel.

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Chevron Fuel Colorado USA 109

Green Car Congress

AUGUST 22, 2012

CH utilizes water to reduce hydrogen and catalyst consumption and quickly and inexpensively converts plant oils into stable intermediate oil products which are very similar to petroleum crude oil. a CBI Company. Aemetis, Inc., In May of this year, CLG joined ARA’s ReadiJet Alternative Fuel Initiative for drop-in biofuels.

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Chevron Oil Renewable Diesel 225

Green Car Congress

APRIL 15, 2019

Chevron Corporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. This transaction builds strength on strength for Chevron. —Chevron’s Chairman and CEO Michael Wirth.

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Chevron Mozambique Mexico Delaware 186

Green Car Congress

SEPTEMBER 16, 2014

Chevron Products Company, a Chevron USA Inc. division, maker of the Delo brand of heavy duty engine oils, lubricants and coolants, unveiled a new category of heavy duty motor oil designed to address the growth of severe duty applications in on- and off-highway markets.

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Chevron Fuel Economy Oil Economy 210

Green Car Congress

JUNE 13, 2022

MOL) announced that its group company, MOL Drybulk Ltd. MOL signed a deal for biofuel supply with Chevron Singapore. The fuel supplied by Chevron Singapore will blend Used Cooking Oil Methyl Ester as a 20% to 24% component in the Very Low Sulfur Fuel Oil (VLSFO) used onboard the ship. Mitsui O.S.K. Lines, Ltd.

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Chevron Singapore Power Powered 259

Green Car Congress

MARCH 15, 2022

Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. The South Korean government recently announced plans to provide 27.9

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Renewable Companies Fuel South Korea 199

Green Car Congress

NOVEMBER 16, 2015

State-owned oil companies are retaining their dominant position in the world petroleum industry according to Energy Intelligence ’s annual ranking of the world’s top 50 oil and gas companies, which was published today in Petroleum Intelligence Weekly (PIW). The Top 50 companies produce 75% of global oil output.

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Oil Saudi Arabia Companies Venezuela 150

Green Car Congress

JUNE 23, 2011

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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Chevron Oil Oil-Sands Production 244

Green Car Congress

SEPTEMBER 7, 2011

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. Other Moccasin owners are BP, with 43.75% , and Samson Offshore Company, with 12.5%. billion Jack/St.

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Chevron Mexico Oil Oil-Sands 199

Green Car Congress

FEBRUARY 6, 2013

Chevron Corporation’s Cabinda Gulf Oil Company Limited subsidiary will proceed with the development of the Mafumeira Sul project located offshore Angola. Once online in 2015, the project will build to a production capacity of 110,000 barrels of crude oil and 10,000 barrels liquefied petroleum gas per day.

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Angola Chevron Oil 2009 225

Green Car Congress

JUNE 26, 2023

Saudi Arabia’s ambitions for an EV supply chain are part of the diversification of the national economy away from oil, a project guided by the government’s Vision 2030 reform plan announced in 2016. Rabigh Refining & Petrochemical Company will supply feedstock in the form of decant oil.

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Saudi Arabia Supplies Building Chevron 170

Green Car Congress

NOVEMBER 24, 2011

Chevron Corporation reported that while its subsidiary, Chevron Brasil Upstream Frade Ltda., Source: Chevron. Chevron says the suspension of the drilling operations has no impact on its current production in the Frade field or on other Frade field operations. Drilling schematic. Click to enlarge.

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Chevron Brazil Future Oil 218

Green Car Congress

FEBRUARY 28, 2013

Chevron Corporation announced that it had conducted a successful production test on the St. Oil flow rates, though limited by testing equipment constraints, exceeded 13,000 barrels of oil per day. Chevron’s Jack/St. Chevron has a working interest of 51% in the St.

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Chevron Mexico Oil-Sands Louisiana 256

Green Car Congress

JULY 17, 2013

A subsidiary of Chevron Corporation signed an agreement with affiliates of the Argentine oil company YPF S.A. that furthers the development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province. Earlier post.) The agreement calls for initial outlays of approximately $1.24

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Chevron Argentina Oil Corporation 220

Green Car Congress

DECEMBER 11, 2013

A group comprising 17 oil and gas companies has established a project for joint seismic acquisition in the southeastern Barents Sea. Thirty companies showed interest in participating in such a collaboration. It is expected that several companies will make use of this offer. Statoil is the operator of the project.

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Oil Companies Gas Chevron 210

Green Car Congress

JANUARY 5, 2013

Exxon Mobil Corporation will develop the Hebron oil field offshore the Canadian province of Newfoundland and Labrador using a gravity-based structure that will recover more than 700 million barrels of oil, an increase from earlier estimates. The platform is being designed for daily production of 150,000 barrels of oil.

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Oil Chevron Canada Corporation 356

Green Car Congress

NOVEMBER 16, 2011

Chevron Brasil Upstream Frade Ltda is responding to oil seeps and a subsequent sheen that has occurred in the vicinity of the Chevron-operated Frade project located 370 kilometers (230 miles) offshore north east of Rio de Janeiro, Brazil in water depths of approximately 1,200 meters (3,800 feet).

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Chevron Plug-in Plug Brazil 186

Green Car Congress

JANUARY 29, 2015

Chevron Corporation’s subsidiary, Chevron USA will now work with BP Exploration and Production Inc. (BP) BP) and ConocoPhillips Company (COP) to explore and to appraise jointly-held offshore leases in the emerging Paleogene trend in the deepwater Gulf of Mexico. Chevron has acquired an interest in Tiber and Gila from BP.

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Chevron Mexico Oil Louisiana 150

Green Car Congress

AUGUST 26, 2010

Bunge Limited, a leading global agribusiness and food company, has joined Solazyme’s Series D round as a strategic investor. Solazyme is an algal biotechnology company that produces renewable oils and biomaterials in standard fermentation facilities.

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Oil Renewable Companies Chevron 210

Green Car Congress

AUGUST 5, 2016

Under California’s Low Carbon Fuel Standard (LCFS), crude oil producers may generate credits for oil that has been produced using innovative methods and delivered to California refineries for processing. Seneca Resource Corporation (Seneca) has applied for LCFS credits for producing crude oil using solar generated electricity.

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Oil Solar California Chevron 150

Green Car Congress

OCTOBER 19, 2012

an advanced fuels and renewable chemical company, signed an expanded, global license agreement with Chevron Lummus Global (CLG) for the production of renewable jet and diesel fuel by the conversion of existing biofuels and petroleum refineries. —Leon de Bruyn, Managing Director of Chevron Lummus Global. Aemetis, Inc.,

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Chevron Renewable Diesel Global 218

Green Car Congress

MARCH 3, 2017

The oil majors reported poor earnings for the fourth quarter of last year, but many oil executives struck an optimistic tone about the road ahead. The collapse of oil prices forced the majors to slash spending on exploration, cut employees, defer projects, and look for efficiencies. However, performances varied by company.

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Oil 2011 Oil Prices Chevron 150

Green Car Congress

MARCH 13, 2016

Argentina offers one of the few places on earth where oil companies are not suffering from the full force of the collapse in prices. Argentina regulates oil prices, a policy originally intended to insulate the public from the whims of the market, protecting people from triple-digit crude prices. per million Btu (MMBtu).

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Argentina Oil Oil Prices Chevron 150

Green Car Congress

NOVEMBER 14, 2014

With oil prices low and showing no sign of an immediate rebound, the industry is beginning to pull back on spending. Oil prices have dropped around 30 percent since summer highs, raising fears among producers across the globe. Yet, many oil majors are relatively diversified, with large holdings downstream.

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Oil Prices Oil Price Chevron 268

Green Car Congress

NOVEMBER 10, 2014

Lux Research has investigated the trends of corporate financing of alternative fuels from oil majors, based on a non-exhaustive database of more than 1,000 deals and partnership engagements from 2000 through September, 2014. Repeated investment activities on the same company were counted as multiple. Click to enlarge.

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Alternative Fuels Oil Chevron Fuel 225

Green Car Congress

JUNE 3, 2021

The company will produce its XRD renewable diesel from vegetable oil, fats and waste cooking oils through a proprietary process. UrbanX holds a license for Chevron Lummus Global’s patented ISOCONVERSION process which produces the cleaner fuel from waste feedstock, in a joint development with Applied Research Associates.

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Renewable Diesel Long Beach Hyundai 221

Green Car Congress

SEPTEMBER 13, 2012

Applied Research Associates (ARA) and Chevron Lummus Global (CLG) are partnering with the National Research Council of Canada (NRC), the US Air Force Research Laboratory (AFRL), and Agrisoma Biosciences Inc. a CB&I Company. ARA is an international research and engineering company. Overview of the ReadiJet process.

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Chevron Renewable Fuel Alternative Fuels 231

CleanTechnica EVs

MARCH 31, 2021

Article courtesy of Union of Concerned Scientists. As the weather grows warmer, bears, birds, and corporate America begin to emerge from their respective hibernations. Bears will awaken hungry with thoughts of berries; birds will fly north, reversing their southern migration; corporate America will prepare their proxies and ballots.

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Chevron Companies Corporation America 120

Green Car Congress

MAY 14, 2012

Chevron Lummus Global (CLG), a 50-50 joint venture between Chevron Products Company and Lummus Technology, has joined ARA’s ReadiJet Alternative Fuel Initiative to develop drop-in biofuels. ARA has developed a catalytic hydrothermolysis (CH) process to convert triglycerides (e.g., Earlier post.). Earlier post.).

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Chevron Alternative Fuels Global Diesel 186

Green Car Congress

SEPTEMBER 14, 2009

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.) Resources.

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Chevron Convert Fuel Supplies 249

Green Car Congress

FEBRUARY 3, 2015

Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored. In December, Chevron suspended its drilling plans in Canada’s Arctic indefinitely.

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Oil Alaska Oil Prices 2015 150

Green Car Congress

DECEMBER 29, 2012

Argentina state-owned energy company YPF and Bridas, an Argentina-based oil and gas company 50% owned by China National Offshore Oil Corporation, agreed to invest $1.5 While most of the development is targeting unconventional oil will, a portion will be for wet gas exploitation. million acres, or 40% of the total.

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Argentina Oil Chevron Gas 262

Green Car Congress

DECEMBER 8, 2011

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. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 billion capital and exploratory spending program for 2012.

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Chevron 2012 Angola Saudi Arabia 170

Green Car Congress

AUGUST 9, 2016

France-based Total is the first oil supermajor aggressively to enter new areas of business including solar plus storage and distributed generation, notes Lux Research in a new report : “Superpower Darwinism: What Big Oil Can and Cannot Do About Total’s Billion-Dollar Battery Move.”. Asia challenges loom for battery acquirers.

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Oil Solar Energy Storage Asia 150

Green Car Congress

NOVEMBER 2, 2018

Japan-based biotechnology company euglena ( earlier post ) has completed the construction of its demonstration-scale biorefinery in Yokohama for the production of renewable jet and diesel fuels from algae and waste oil. euglena is partnering with ANA on the aviation side.

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Renewable Diesel Isuzu Chevron 268