article thumbnail

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

Green Car Congress

(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. —Steve Oldham, CEO of CE. Fort Capital acted as advisors to CE on this transaction.

Chevron 351
article thumbnail

Mascoma Announces Feedstock Processing and Lignin Supply Agreement with Chevron Technology Ventures; Chevron Working on Converting Lignin to Hydrocarbon Fuel Components

Green Car Congress

Mascoma Corporation has entered into a feedstock processing and lignin supply agreement with Chevron Technology Ventures (CTV), a division of Chevron USA, Inc. CTV is developing proprietary technology and catalysts for the conversion of lignin into hydrocarbon components for transportation fuels. Chevron and lignin for fuels.

Chevron 249
article thumbnail

Aemetis expands license agreement with Chevron Lummus Global for renewable jet and diesel fuel technology

Green Car Congress

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.,

Chevron 218
article thumbnail

Chevron Lummus Global joins ARA ReadiJet Alternative Fuel Initiative to develop 100% drop-in diesel, and jet kero biofuels

Green Car Congress

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 scientists developed the CH PROCESS using high temperature water to create biocrude. Earlier post.). Overview of the ReadiJet process.

Chevron 186
article thumbnail

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

Green Car Congress

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. Aemetis, Inc., a CBI Company.

Chevron 225
article thumbnail

Petrobras is world’s largest operator of floating production platforms

Green Car Congress

These volumes do not include Petrobras’ share of the output of the FPSOs Frade and Fluminense, installed in the Frade and Bijupirá-Salema fields, in Campos Basin, whose respective operators are Chevron and Shell, and in which Petrobras holds minority stakes. First offshore systems. Pioneering FPSOs.

article thumbnail

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

Green Car Congress

Chevron Natural Gas Carbon Capture Technology Testing Project. Chevron USA. Engineering-Scale Test of a Water-Lean Solvent for Post-Combustion Capture. aims to demonstrate the performance of a novel water-lean solvent for post-combustion removal of CO 2 from coal- and natural gas-derived flue gas.

Carbon 236