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Cummins and Chevron advance strategic collaboration; focus on lower carbon-intensity fuels

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Cummins and Chevron USA, a subsidiary of Chevron Corporation announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. This collaboration is intended to encourage commercial and industrial adoption in North America.

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

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Canada-based Carbon Engineering Ltd. (CE) 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.

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Chevron and Angelicoussis Group announce ammonia carrier joint study agreement

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Chevron Corporation, through its subsidiary Chevron Shipping Company LLC, and the Angelicoussis Group , through its Energy Transition division, Green Ships, announced a Joint Study Agreement (JSA) to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel.

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Chevron invests in nuclear fusion start-up Zap Energy

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Chevron Corporation made a Series A investment in Zap Energy Inc. , a Seattle-based start-up company developing a next-generation modular nuclear reactor with an innovative approach to advancing cost-effective, flexible, and commercially scalable fusion. We see fusion technology as a promising low-carbon future energy source.

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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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Shell launches commercial operation of Quest carbon capture and storage in Alberta oil sands

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Shell marked the official opening of the Quest carbon capture and storage (CCS) project in Alberta, Canada, and the start of commercial operations there. Quest is now operating at commercial scale after successful testing earlier this year, during which it captured and stored more than 200,000 tonnes of CO 2.

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

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The US Department of Energy (DOE) announced the award of approximately $72 million in federal funding to support the development and advancement of carbon capture technologies under two funding opportunity announcements (FOAs). Enabling Production of Low Carbon Emissions Steel Through CO 2 Capture from Blast Furnace Gases.

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