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Chevron / Toyota road trip demonstrates renewable gasoline blend

Green Car Congress

Chevron USA kicked off a road trip across the US Gulf Coast to showcase an innovative new gasoline blend with more than 50% renewable content. During the tour, Chevron representatives will talk with members of the public about the benefits of lower carbon fuels such as biofuels and renewable gasoline blend.

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

Green Car Congress

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 invests in nuclear fusion start-up Zap Energy

Green Car Congress

Chevron Corporation made a Series A investment in Zap Energy Inc. , Nuclear fusion occurs when nuclei of lightweight elements (typically hydrogen) collide with enough force to fuse and form a heavier element—a process that releases substantial amounts of energy with no greenhouse gas emissions and limited long-lived radioactive waste.

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Aurora Hydrogen raises $10M Series A; microwave pyrolysis of natural gas for efficient low-carbon hydrogen production

Green Car Congress

Participating investors include Williams, Shell Ventures, Chevron Technology Ventures and the George Kaiser Family Foundation. Aurora Hydrogen is scaling its proprietary and highly efficient microwave pyrolysis technology to produce hydrogen and solid carbon from natural gas without generating CO 2 emissions or consuming water.

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Chevron to acquire Anadarko in $33B deal; shale and tight, deepwater, LNG

Green Car Congress

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. in cash for each Anadarko share.

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Chevron and Partners to Proceed with Gorgon Natural Gas Project; Resources Estimated at 6.7B Barrels Oil Equivalent

Green Car Congress

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. The Greater Gorgon Area—comprising the Jansz and Gorgon fields—has projected natural gas resources equivalent to 6.7

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Chevron approves next major Tengiz expansion project in Kazakhstan

Green Car Congress

Chevron Corporation announced that its 50% owned affiliate, Tengizchevroil (TCO), will proceed with the development of its Future Growth and Wellhead Pressure Management Project (FGP-WPMP), which will increase crude oil production at the Tengiz oil field in Kazakhstan by about 260,000 barrels per day. billion, which includes $27.1