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US Treasury allows Chevron to resume oil production in Venezuela, delivery to US only

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The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has issued Venezuela General License (GL) 41 , authorizing Chevron Corporation to resume limited natural resource extraction operations in Venezuela. from receiving profits from the oil sales by Chevron. Chevron currently holds a 39.2%

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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, Gevo to pursue sustainable aviation fuel investment; inedible corn feedstock

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USA, a subsidiary of Chevron Corporation, and Gevo have signed a letter of intent (LOI) to invest jointly in building and operating one or more new facilities that would?process The new facilities would also produce proteins and corn oil. The new facilities would also produce proteins and corn oil.

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

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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 Maryland-based industrial biotechnology company developing products for the renewable chemicals and advanced fuels industries.

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KiOR signs renewable diesel blendstock supply agreement with FedEx Corporate Services; 1st end-user agreement

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developer of a catalytic pyrolysis process to produce renewable oil from biomass ( earlier post ), has signed a ground fuel supply agreement with FedEx Corporate Services, Inc. Under the agreement, KiOR may supply renewable diesel blendstocks for purchase by affiliates of FedEx Corporate Services, Inc.

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California oil producer applies for LCFS credits for producing crude oil using solar-generated power

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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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Chevron Lummus and ARA partner with Agrisoma, US AFRL and Canada’s NRC to evaluate and to flight test ReadiJet 100% renewable biojet fuel

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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. Overview of the ReadiJet process. Click to enlarge. Earlier post.). The technology is proven in mature pilot systems. a CB&I Company.

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