Green Car Congress

OCTOBER 4, 2011

Chevron Technology Ventures, a division of Chevron USA Inc. that identifies, evaluates and demonstrates emerging technologies, launched a demonstration project to test the viability of using solar energy to produce oil. The project uses more than 7,600 mirrors to focus the sun’s energy onto a solar boiler.

Chevron 186

Chevron Oil Solar Gas 186

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.,

Chevron 244

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. Chevron is one of the largest leaseholders in the Gulf of Mexico and is currently developing the $7.5

Chevron 199

Chevron Mexico Oil Oil-Sands 199

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.

Saudi Arabia 170

Saudi Arabia Supplies Building Chevron 170

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.

Oil 150

Oil Saudi Arabia Companies Venezuela 150

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.

Chevron 256

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. billion over the next 24 months to begin development in the shale oil deposits in the region.

Chevron 220

Chevron Argentina Oil Corporation 220

Green Car Congress

MARCH 14, 2023

The Series A was led by Breakthrough Energy Ventures (BEV) and joined by Chevron USA. The funding will be used for R&D to further increase algae oil productivity to reach commercially deployable levels. SAF and RD made from Viridos algae oil are expected to have a 70% reduced carbon footprint.

Diesel 243

Diesel Fuel Oil Chevron 243

Green Car Congress

MARCH 28, 2014

Blue Sun Energy, ARA Inc. and Chevron Lummus Global (CLG) achieved a key development milestone with their 100 barrel/per day (4,200 gallon/per day) demonstration-scale Biofuels ISOCONVERSION (BIC) facility in St. Joseph, Missouri. Earlier post.) The technology is proven in mature pilot systems.

Chevron 199

Chevron Renewable Global Panama 199

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.

Oil 356

Oil Chevron Canada Corporation 356

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.

Oil 150

Oil Solar California Chevron 150

Green Car Congress

JULY 15, 2016

In California, the Department of Industrial Relations (DIR), the Governor’s Office of Emergency Services (Cal OES) and the California Environmental Protection Agency (CalEPA) announced a set of regulations to strengthen workplace and environmental safety at oil refineries across the state. Annual public reporting of refinery safety metrics.

Oil 150

Oil California Chevron Sacramento 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. by Nick Cunningham of Oilprice.com.

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Argentina Oil Oil Prices Chevron 150

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. by Nick Cunningham of Oilprice.com.

Oil 150

Oil 2011 Oil Prices Chevron 150

Green Car Congress

FEBRUARY 28, 2011

GS Caltex, South Korea’s second-largest energy company, and Japan-based JX Nippon and Oil Energy (formerly Nippon Oil) will set up a joint venture to produce anode materials for lithium-ion batteries. GS Caltex is a 50:50 joint venture between GS Holdings and Chevron. Dong-A Ilbo.

Li-ion 199

Li-ion Oil South Korea Chevron 199

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. Total and Chevron are the most active corporate investors in the fermentation domain.

Alternative Fuels 225

Alternative Fuels Oil Chevron Fuel 225

Green Car Congress

JUNE 1, 2017

Royal Dutch Shell plc announced the completion of two previously announced agreements by Shell Canada Energy, Shell Canada Limited and Shell Canada Resources (Shell) that will see Shell sell all its in-situ and undeveloped oil sands interests in Canada and reduce its share in the Athabasca Oil Sands Project (AOSP) from 60% to 10%.

Oil-Sands 170

Oil-Sands Canada Oil Chevron 170

Green Car Congress

MARCH 15, 2022

In 2021, Raven SR attracted funds totalling $20 million from global oil and gas major Chevron, Japanese trading house ITOCHU, hydrogen mobility leader and innovator Hyzon Motors, and Ascent Hydrogen Fund. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

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Renewable Companies Fuel South Korea 199

Green Car Congress

SEPTEMBER 14, 2009

Source: Chevron. Chevron Australia Pty Ltd, a subsidiary of Chevron Corporation, will proceed with the development of the large Gorgon natural gas project offshore Western Australia. billion barrels of oil (boe). Chevron Chairman Dave O’Reilly. Source: Chevron. Map showing an overview of the Gorgon Project.

Chevron 186

Chevron Gas Oil Australia 186

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

Chevron 231

Chevron Renewable Fuel Alternative Fuels 231

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. The processes described in the patent applications significantly increase the energy content of the lignin and reduce the oxygen content.

Chevron 249

Chevron Convert Fuel Supplies 249

Green Car Congress

SEPTEMBER 5, 2012

Shell will proceed with the first carbon capture and storage (CCS) project for an oil sands operation in Canada. billion Quest project will be built on behalf of the Athabasca Oil Sands Project joint venture owners (Shell, Chevron and Marathon Oil) and with support from the Governments of Canada and Alberta.

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Oil-Sands Oil Carbon Chevron 255

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

NOVEMBER 8, 2015

Using activated amine (ADIP-X), Quest will capture one-third of the CO 2 emissions from Shell’s Scotford Upgrader, which turns oil sands bitumen into synthetic crude that can be refined into fuel and other products. This includes cooperation with the United States Department of Energy, and the British government on research at the Quest site.

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Oil-Sands Oil Commercial Carbon 150

Green Car Congress

MARCH 22, 2020

A coalition of major oil & gas, power, automotive, fuel cell, and hydrogen companies have developed and released the full new report, a “ Road Map to a US Hydrogen Economy. ” In addition, if the right actions are taken now a competitive hydrogen industry can meet 14 percent of US energy demand by 2050. Inc; Audi; Chevron; Cummins Inc.;

Economy 521

Economy Hydrogen Low Cost Chevron 521

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.”. It’s not just the battery anymore.

Oil 150

Oil Solar Energy Storage Asia 150

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.

Chevron 170

Chevron 2012 Angola Saudi Arabia 170

Green Car Congress

SEPTEMBER 13, 2012

Chesapeake Energy Corporation entered into multiple agreements to sell the vast majority of its Permian properties, substantially all of its midstream assets and certain noncore leasehold for total net cash proceeds of approximately $6.9 a subsidiary of Chevron Corporation. billion of term loans during the 2012 fourth quarter.

Chevron 225

Chevron Delaware Oklahoma City Purchase 225

Green Car Congress

JULY 6, 2011

GE Oil & Gas will supply three customized aeroderivative gas turbine-generator modules to provide reliable electric power for a new Chevron floating production unit that will produce oil and gas from the Jack and St. Chevron’s initial development of the Jack and St. The LM2500+G4.

Chevron 186

Chevron Gas Supplies Production 186

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. When the authorities circulate the 23 rd round nominated blocks for public consultation, other oil companies will get a new opportunity to engage in the project. Statoil is the operator of the project.

Oil 210

Oil Companies Gas Chevron 210

Green Car Congress

FEBRUARY 15, 2013

The UK government’s Department of Energy and Climate Change (DECC) approved the field development plan put forward by Statoil and its co-venturers for the Mariner heavy oil field. The average production is estimated at around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. Location of the Mariner field.

Mariner 225

Mariner Oil Climate Change 2007 225

Green Car Congress

MAY 4, 2011

The 100,000 barrels-per-day expansion takes upgrading capacity at Scotford to 255,000 barrels-per-day of heavy oil from the Athabasca oil sands. The Scotford Upgrader processes oil sands bitumen from the Muskeg River Mine and Jackpine Mine. The announcement marks the first commercial production from the upgrader expansion.

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Oil-Sands Oil Production Chevron 186

Green Car Congress

AUGUST 26, 2010

Solazyme is an algal biotechnology company that produces renewable oils and biomaterials in standard fermentation facilities. The strategic investment represents a foundational step for the two companies to collaborate at critical portions of a new value chain enabled by Solazyme’s sugar to oil technology platform.

Oil 210

Oil Renewable Companies Chevron 210

Green Car Congress

JUNE 27, 2018

A GlobalData analysis of recent wells for 26 operators in the Permian basin indicates a break-even oil price range from US$21 to US$48 per barrel with lateral lengths ranging from 4,500 ft to 10,500 ft. —Svetlana Doh, Oil & Gas Analyst at GlobalData. Longer laterals do not necessarily translate into high productivity.

Oil 236

Oil Chevron Texas New Mexico 236

Green Car Congress

DECEMBER 23, 2012

Statoil has made the investment decision to develop the Mariner heavy oil field development in the UK North Sea. The field is estimated to produce for 30 years, with average production of around 55,000 barrels of oil per day over the plateau period from 2017 to 2020. In addition a jack-up rig will be used for the first 4–5 years.

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Mariner Oil Oil-Sands 2007 225

Green Car Congress

MAY 14, 2012

Oil and gas services company Schlumberger defines artificial lift as any system that adds energy to the fluid column in a wellbore with the objective of initiating and improving production from the well. heavylift is intended to produce heavy oil and sand reliably at high temperatures. Source: Schlumberger. Click to enlarge.

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Oil-Sands Companies Chevron Energy 210

Green Car Congress

NOVEMBER 21, 2012

A team from the US National Renewable Energy Laboratory (NREL) and Chevron Corporation has examined the chemical composition and properties of several diesel fuels and blendstocks derived from Fischer?Tropsch hydroisomerized camelina oil. hydroisomerized algal oil. hydroisomerized algal oil. Energy & Fuels.

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Chevron Diesel Renewable Oil 231