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Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position

Green Car Congress

Chevron Corporation and Renewable Energy Group announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at $3.15 —Chevron Chairman and CEO Mike Wirth. In addition, REG president & CEO CJ Warner is expected to join Chevron’s Board of Directors.

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

Green Car Congress

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 In addition to co-investing with Gevo in one or more projects, Chevron would have the right to offtake approximately 150 million gallons per year to?market

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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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EGEB: ExxonMobil, Chevron suffer stunning shareholder backlash

Electrek

In today’s Electrek Green Energy Brief (EGEB): ExxonMobil and Chevron suffer shareholder rebellions over a lack of strategy for emissions reduction. Tesla now offers price matching, so it’s important to shop for the best quotes. Tesla now offers price matching, so it’s important to shop for the best quotes.

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EGEB: ExxonMobil, Chevron suffer stunning shareholder backlash [update]

Electrek

In today’s Electrek Green Energy Brief (EGEB): ExxonMobil and Chevron suffer shareholder rebellions over a lack of strategy for emissions reduction. Tesla now offers price matching, so it’s important to shop for the best quotes. Tesla now offers price matching, so it’s important to shop for the best quotes.

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Chevron sells 30% stake in Canadian Duvernay shale play to Kuwait Foreign Petroleum for $1.5B

Green Car Congress

Chevron Corporation’s indirect, wholly-owned subsidiary, Chevron Canada Limited, has reached an agreement to sell a 30% interest in its Duvernay shale play to Kuwait Foreign Petroleum Exploration Company’s wholly-owned subsidiary, KUFPEC Canada Inc., million cubic feet of natural gas and 1,300 barrels of condensate per day.

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Benchmark: Saudi Arabia is building an EV battery supply chain

Green Car Congress

It will sell the lithium spodumene concentrate to the JV at a “reduced rate” with a floor price of $3,000 a tonne and a ceiling price of $7,000 a tonne over the life of the current resource of the Wolfsberg mine. Spodumene prices are currently around $3,650 a tonne, according to Benchmark’s Lithium Price Assessment.