Tag: Chevron

Mitsui O.S.K. Lines (MOL) and Chevron Shipping have announced a partnership to install MOL's Wind Challenger, a wind-assisted propulsion system, on a new LNG carrier.

Chevron is chartering its first hybrid electric bunker tanker. The vessel is expected to consume approximately 20% less fuel compared to a conventional tanker as it goes about its operations. 

In response to the growing threats in the Red Sea, Carnival Cruises has decided to reroute 12 ships originally scheduled to transit the Red Sea until May 2024. Meanwhile, Chevron has also announced that they will be using the Cape of Good Hope as the alternative route to transport CPC Blend oil cargoes. 

The Global Maritime Forum (GMF) has identified five key action areas to improve the operational efficiency of vessels.

In response to a request from Israel, the U.S. energy company has decided to temporarily halt operations at its Tamar natural gas field, located approximately 12 miles away from the Gaza Strip.

Mitsui O.S.K. Lines, and Chevron Singapore PTE. announced that they have signed a memorandum of understanding (MoU) for a strategic alliance aimed at lowering the carbon intensity of the marine energy industry.

This week, Chevron presented it's take on carbon capture and storage (CCS) through the practice of storing it permanently underground to keep it from reaching the atmosphere.

Chevron Shipping Company LLC and the Angelicoussis Group, announced last week a Joint Study Agreement (JSA) to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel.

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.