Chevron Corporation

FourKites Extends its Leadership Position in the Supply Chain Visibility Market with Strong Growth and Innovation in APAC

Retrieved on: 
Monday, December 19, 2022

Specifically in Asia-Pacific, the company realized 91% growth in new customers in the region, and more than 240% growth in shipments tracked across 46 APAC countries.

Key Points: 
  • Specifically in Asia-Pacific, the company realized 91% growth in new customers in the region, and more than 240% growth in shipments tracked across 46 APAC countries.
  • The real-time supply chain visibility pioneer was also recognized for its industry leadership and ongoing innovation by Gartner , SupplyChainBrain , Blue Yonder , Builtin Chicago , Manhattan Associates and Food Shippers of America .
  • “FourKites and Mitsui share a culture of innovation, integrity and collaboration, and a broader vision for transforming global supply chains.
  • I’m very impressed with their product and the agility in delivery.” — Logistics Strategy Analyst, Manufacturing
    Leading supply chain visibility platform FourKites® extends visibility beyond transportation into yards, warehouses, stores and beyond.

Deep Energy Capital and Eavor Technologies to build 5 geothermal projects as construction gathers pace at their first European site

Retrieved on: 
Thursday, December 8, 2022

Deep Energy will finance at least five projects, requiring up to €1 billion, from Eavor’s growing European and North American project pipeline.

Key Points: 
  • Deep Energy will finance at least five projects, requiring up to €1 billion, from Eavor’s growing European and North American project pipeline.
  • Eavor’s closed-loop geothermal systems extract heat energy from an isolated network of wellbores, akin to a deep underground radiator.
  • As a conduit for sustainable infrastructure investment, Deep Energy Capital aims to deliver sustainable, reliable and secure energy to power grids and local communities globally.
  • Eavor achieves this by mitigating or eliminating many of the issues that have traditionally hindered geothermal energy.

Chevron Invests in Carbon Capture and Removal Technology Company, Svante

Retrieved on: 
Thursday, December 15, 2022

Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.

Key Points: 
  • Since its founding in 2007, Svante has developed carbon capture and removal technology using structured adsorbent beds, known as filters.
  • The size and cost of installing carbon capture technology has been a barrier to industry adoption.
  • In 2020, Chevron launched a project to pilot Svante technology to capture CO2 from post combustion of natural gas.
  • With the ability to capture CO2 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality.

Chevron and Baseload Capital Create Joint Venture to Explore Geothermal Development Opportunities

Retrieved on: 
Wednesday, December 14, 2022

Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States.

Key Points: 
  • Chevron Corporation (NYSE: CVX), through its Chevron New Energies business, and Baseload Capital have announced a joint venture to develop geothermal projects in the United States.
  • Through this agreement, Chevron and Baseload Capital will work together to create awareness around geothermal energy which will be a critical supply option for renewable energy.
  • The first project Chevron and Baseload Capital have identified is in Weepah Hills, Nevada, USA.
  • The two companies will pursue development opportunities in Esmeralda County where previous geothermal research and advanced exploration already exist.

Chevron Announces 2023 Capital Expenditure Budgets

Retrieved on: 
Wednesday, December 7, 2022

Upstream capex includes more than $4 billion for Permian Basin development and roughly $2 billion for other shale & tight assets.

Key Points: 
  • Upstream capex includes more than $4 billion for Permian Basin development and roughly $2 billion for other shale & tight assets.
  • Nearly half of affiliate capex is for Tengizchevroils FGP / WPMP Project in Kazakhstan and about a third is for Chevron Phillips Chemical Company, including the U.S. Gulf Coast II petrochemical project.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.
  • Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

The global grease market size is projected to reach USD 6.9 billion by 2027 from USD 5.8 billion in 2022, at a CAGR OF 3.6%

Retrieved on: 
Thursday, December 8, 2022

Key Points: 
  • The global grease market size is projected to reach USD 6.9 billion by 2027 from USD 5.8 billion in 2022, at a CAGR OF 3.6%.
  • Grease are widely used in automotive, construction, general manufacturing, metal production, mining, power generation, agriculture, and other industries.
  • Widespread applications, oxidative stability, and operational temperature range are the key factors driving the metallic soap thickener segment of the grease market.
  • Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

Bristow Names Elizabeth Matthews as Senior Vice President, General Counsel, Head of Government Affairs, and Corporate Secretary

Retrieved on: 
Tuesday, December 6, 2022

HOUSTON, Dec. 6, 2022 /PRNewswire/ --Bristow Group Inc. (NYSE: VTOL) announced today that Elizabeth Matthews has been named Senior Vice President, General Counsel, Head of Government Affairs, and Corporate Secretary, effective December 21, 2022.

Key Points: 
  • HOUSTON, Dec. 6, 2022 /PRNewswire/ --Bristow Group Inc. (NYSE: VTOL) announced today that Elizabeth Matthews has been named Senior Vice President, General Counsel, Head of Government Affairs, and Corporate Secretary, effective December 21, 2022.
  • In this role, she is responsible for legal, compliance, government affairs, and contract review and management.
  • Her broad legal expertise includes commercial, corporate, M&A, litigation, intellectual property, and compliance.
  • Notably, she's spent the past 21 years working in the energy sector, developing extensive knowledge in all facets of the industry and energy law.

The global lubricants market size is projected to reach USD 187.9 billion by 2027 from USD 164.8 billion in 2022, at a CAGR of 2.7%

Retrieved on: 
Friday, December 2, 2022

Key Points: 
  • The global lubricants market size is projected to reach USD 187.9 billion by 2027 from USD 164.8 billion in 2022, at a CAGR of 2.7%.
  • Lubricants are also used in automotive engines for collecting, cleaning, and cooling the engine of a vehicle.
  • Mineral oil was the largest base oil of the global lubricants market, in terms of value, in 2021
    Mineral oil was the largest base oil in the global lubricants market, in terms of value, in 2021.
  • This ows to the fact that mineral oil lubricants ae generally cheaper than synthetic oil lubricants.Synthetic lubricants cost approximately 40%-50% more than mineral oil.

Global Marine Lubricants Market Report 2022 to 2027: Increasing Demand for Imo-Compliant Marine Fuel Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Monday, November 28, 2022

The "Marine Lubricants Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Marine Lubricants Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The marine lubricants market is expected to grow at a CAGR of 3.19% during 2022-2027.
  • The global marine lubricant market is expected to witness shipments of 2,197 kilotons by 2027.
  • Factors such as the demand for higher-performance marine lubricants and the transition from conventional feedstock to modern feedstock (such as base oil and additives) to produce high-quality base stock have contributed to the global marine lubricants market.

Outlook on the Polyurea Grease Global Market to 2027 - Players Include Castrol, Chevron, ExxonMobil, Shell and TotalEnergies - ResearchAndMarkets.com

Retrieved on: 
Monday, November 28, 2022

The "Polyurea Grease Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Polyurea Grease Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
  • The global polyurea grease market is expected to grow at a CAGR of 7.71% during 2022-2027.
  • Polyurea being organic in nature, is gaining importance due to several advantages over lithium grease.
  • The polyurea grease market has a bright scope for standardization of manufacturing procedures, making it cost-effective.