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If Chevron, Exxon, and Shell can’t get carbon capture right at Gorgon, who can? – EQ Mag Pro

At a cost of more than $3 billion, Gorgon, the largest carbon capture and storage (CCS) project in the world has failed to deliver, underperforming its targets for the first five years of operation by about 50%. Carbon capture technology has historically been used as a method of enhanced oil recovery – selling captured carbon […]

Firm name Matshela Energy set to sell solar energy in Zimbabwe – EQ Mag Pro

Latham & Watkins Advises Renewable Energy Group in US$3.15 Billion Acquisition by Chevron – EQ Mag Pro

Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) have announced a definitive agreement under which Chevron will acquire the outstanding shares of REG in an all-cash transaction valued at US$3.15 billion, or US$61.50 per share. The acquisition combines REG’s growing renewable fuels production and leading feedstock capabilities with Chevron’s large manufacturing, […]

Firm name Matshela Energy set to sell solar energy in Zimbabwe – EQ Mag Pro

Chevron nears USD 3 bln deal to buy Renewable Energy Group – EQ Mag Pro

Chevron Corp (CVX.N) is nearing a $3 billion deal to buy biodiesel maker Renewable Energy Group Inc (REGI.O), Bloomberg News reported on Friday, citing people familiar with the matter. Chevron could pay $61.50 per share in the deal, which could be announced as soon as next week if talks do not fall apart, the report […]

Firm name Matshela Energy set to sell solar energy in Zimbabwe – EQ Mag Pro

Chevron triples low-carbon investment, pledges $10 bln through 2028 – EQ Mag Pro

Shareholders and governments are insisting they plot a path to sharply cut greenhouse gas emissions by 2050. Chevron said half of its spending will go to curb emissions from fossil fuel projects, with $3 billion for carbon capture and offsets, $2 billion for greenhouse gas reductions, $3 billion for renewable fuels and $2 billion for […]

Enabling Low-Cost Clean Energy and Reliable Service Through Better Transmission Benefits Analysis: A Case Study of MISO’s Long Range Transmission Planning – EQ Mag Pro

Toyota joins hands with Chevron to focus on hydrogen fuel cell technology

The alliance is expected to focus on three areas: collaborating on public policy to promote hydrogen infrastructure, assessing the market for fuel cell electric vehicles and hydrogen supply that will be needed. Chevron and Toyota announced Wednesday a first step towards a strategic alliance to commercialize hydrogen, which is seen as an environmentally-friendly transportation fuel […]

Government has announced a National Hydrogen Mission (NHM) in 2021, to develop Hydrogen as a fuel for transportation – EQ Mag Pro

Chevron launches $300 mn fund for low-carbon technology

Chevron announced the launch of a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackle climate change. Major energy firms have set targets to reduce greenhouse gas emissions or are exploring investments in renewable energy and green technology amid rising pressure […]

Firm name Matshela Energy set to sell solar energy in Zimbabwe – EQ Mag Pro

Norwegian Pension fund drops Exxon, Chevron, BASF over climate lobbying

A Norwegian pension fund said Monday that it is divesting over USD 47 million from 27 companies, including Exxon and Chevron, as part of its commitment to combating climate change. The fund warned other major oil and gas companies it might drop them as well. Storebrand, which manages assets worth USD 91 billion, had over […]

When the sun switches off the solar panels – EQ Mag Pro

Chevron to build 500MW wind and solar to power facilities in Australia, elsewhere

US oil giant Chevron has become the latest fossil fuel production giant to plan significant investments in wind and solar capacity, in what seems initially as a token gesture towards lowering emissions but could involve a more significant commitment down the line. It has announced a deal with Canada-based renewable energy developer Algonquin to build […]

Gravity storage start-up says it has “multi gigawatt hour” plans for Australian zinc refiner – EQ Mag Pro

Chevron turns to renewables to power Western Australia facilities

The oil and gas giant has announced it will build 500 MW of renewable energy projects to power some of its global facilities under the four-year agreement with Canada’s Algonquin Power & Utilities. As oil majors continue to write down billions of dollars in assets as a result of Covid-19-crushed fuel demand, Chevron is scaling […]

Gravity storage start-up says it has “multi gigawatt hour” plans for Australian zinc refiner – EQ Mag Pro