Tag: Chevron

Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Shipping Company LLC, has announced entrance into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, a wholly owned subsidiary of Sembcorp Marine Ltd. (Sembcorp Marine), intending to reduce the carbon intensity of their LNG fleet operations.

Chevron Australia will contribute a combined A$38 million to carbon capture and storage (CCS) research projects in Western Australia and Victoria, advancing knowledge of the critical emissions technology for a lower carbon future.

Chevron Corporation, through its Chevron New Energies International subsidiary, and MOL, announced the signing of a Joint Study Agreement (JSA) on the feasibility of transporting liquified carbon dioxide (CO2) from Singapore to permanent storage locations offshore Australia.

OOCL announced the successful completion of the trial use of marine biofuel supplied by Chevron Singapore on M.V. “OOCL YOKOHAMA”.

Ship operators will need thermally resilient, low-ash formulations and high cleaning performance from cylinder oils as they begin to use more advanced engines and new fuels, according to a new white paper published by Chevron Marine Lubricants.

Chevron, Talos Energy and Carbonvert signed a memorandum of understanding (MoU) for an expanded joint venture to develop the Bayou Bend CCS offshore carbon capture and sequestration hub currently held by Talos and Carbonvert.

Dry bulk ship operator Asia Maritime Pacific identified new opportunities to help optimise operations across its fleet, using Chevron’s annual oil analysis reports to spot long-term trends in lubricant performance and equipment condition, informs Mr. Barry Wei, Technical Field Specialist, Chevron Marine Lubricants.

Following the environmental trend on tackling fossil fuels, American energy giants Exxon Mobil Corp. and Chevron Corp. are following a totally different path as they try to weather the storm, as Bloomberg reports.

Oil and gas giants are looking to sell assets that could fetch a total of $27.5 billion, as they are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, according to energy research firm Rystad Energy.

Chevron Corporation has established new goals to reduce net greenhouse gas (GHG) emission intensity from upstream oil and natural gas. The company aims to cut upstream oil net GHG emission intensity by 5-10% and upstream natural gas net GHG emission intensity by 2-5% from 2016 to 2023.