In Arkansas, Walmart is reaching a new destination in its goal for a zero-emissions transportation fleet with the debut of the first North American—and the first of five— 15-liter compressed natural gas engine that will be incorporated into Walmart’s private fleet. The X15N™ engine is supplied by Cummins and fueled by Chevron with compressed natural […]
In Pennsylvania, Mitsui & Co., Ltd. together with Chevron Renewable Energy Group, has invested in Optimus Technologies, Inc., a clean energy technology company. Optimus manufactures the Vector System, an advanced fuel system technology that enables diesel engines to operate on 100% biodiesel. Optimus is developing, manufacturing, and selling the advanced bolt-on product that enables the […]
In California, Chevron U.S.A. Inc. kicked off a road trip Monday across the U.S. Gulf Coast to showcase an innovative new gasoline blend with more than 50 percent renewable content. People from Chevron and Toyota will be driving Toyota’s Tundra, RAV4 and Camry on this road trip with the objective of demonstrating the fuel, which […]
With the acquisition of REG and investments in companies such as Raven SR, Chevron has signaled that, as CEO Mike Wirth put it, “we believe the future of energy to be lower carbon. We intend to be a leader today, and in that future.” The Chevron team prepared this company investor update for distribution this […]
In Indiana, Corteva Inc., Bunge and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, announced a commercial collaboration to introduce proprietary winter canola hybrids that produce plant-based oil with a lower carbon profile. The goal is to increase the availability of vegetable oil feedstocks primarily for the growing domestic renewable fuels market. The companies plan […]
In California, Viridos, Inc. has raised a $25M Series A equity investment. The Series A was led by Breakthrough Energy Ventures (BEV) and joined by Chevron U.S.A. Inc. and United Airlines Ventures. The funding will be used for R&D to further increase algae oil productivity to reach commercially deployable levels. Viridos’ bioengineering technology consists of […]
News has arrived from California that Viridos, focused on the production of algae biofuels primarily in the form of SAF and renewable diesel, has raised $25M in a Series A equity investment led by Breakthrough Energy Ventures, joined by Chevron and United Airlines Ventures. The funding will be used for R&D to further increase algae […]
In Wyoming, Raven SR and hydrogen aviation developer H3 Dynamics have inked an MOU to collaborate on waste-to-hydrogen energy systems to support the decarbonization of airport operations and the adoption of hydrogen at airports. H3 Dynamics will provide hydrogen power systems to replace conventional fuel and other energy sources at airports, especially in Asia, Europe and […]
In California, renewable fuels company Raven SR, Chevron New Energies, a division of Chevron U.S.A. Inc., and Hyzon Motors Inc announced they are collaborating to commercialize operations of a green waste-to-hydrogen production facility in Richmond intended to supply hydrogen fuel to transportation markets in Northern California. The facility will be owned by a newly formed […]
In California, Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, closed its previously announced acquisition of full ownership of Beyond6, LLC and its nationwide network of compressed natural gas stations from Mercuria Energy Trading and Beyond6 founder Andrew West. Mercuria and Chevron will enter into a long-term supply relationship to deliver renewable natural gas to […]
