Chevron Corporation

Electric Era Announces Investment from Chevron Technology Ventures to Scale Adoption of its PowerNode™ Electric Vehicle Charging Stations

Retrieved on: 
Tuesday, October 3, 2023

Electric Era Technologies , a leader in revolutionizing the world’s EV fast charging infrastructure with its proprietary PowerNode™ EV high-speed charging stations, today announced an investment from Chevron Technology Ventures.

Key Points: 
  • Electric Era Technologies , a leader in revolutionizing the world’s EV fast charging infrastructure with its proprietary PowerNode™ EV high-speed charging stations, today announced an investment from Chevron Technology Ventures.
  • This evolutionary leap in EV charging technology has the potential to unlock new revenue streams for store owners and brings reliable EV charging infrastructure into new communities, reducing a key friction point for electric vehicle adoption.
  • “Electric Era’s technology has the potential to enable delivery of an easier-to-deploy, fast charging solution at scale,” said Jim Gable, Vice President, Innovation and President of Technology Ventures at Chevron.
  • The investment from Chevron Technology Ventures’ Future Energy fund is part of Electric Era’s series A financing led by HSBC Asset Management with participation from SQM Lithium Ventures, Blackhorn Ventures, and Proeza Ventures.

EQS-News: ADM Energy PLC: Half-yearly Results

Retrieved on: 
Thursday, September 28, 2023

In May 2023, ADM acquired Blade V from OFX Holdings LLC (Formerly TN Black Gold, LLC ("OFX") for a total maximum consideration of US$1,614,000.

Key Points: 
  • In May 2023, ADM acquired Blade V from OFX Holdings LLC (Formerly TN Black Gold, LLC ("OFX") for a total maximum consideration of US$1,614,000.
  • The Altoona Lease is a unique opportunity for ADM to benefit from substantial investment and de-risking of the target opportunities by a major company.
  • Stefan has extensive experience in the oil and gas sector, including as the co-founder of MX Oil plc, now ADM Energy.
  • These assets offer an exciting opportunity to add value, as well as diversifying the ADM portfolio.

Blackcurrant Joins Chevron Technology Ventures Catalyst Program

Retrieved on: 
Tuesday, September 26, 2023

Blackcurrant Inc., a marketplace to help accelerate low carbon fuel adoption by simplifying transactions and lowering costs, has been selected by Chevron Technology Ventures, LLC (CTV) as part of its Catalyst Program ™.

Key Points: 
  • Blackcurrant Inc., a marketplace to help accelerate low carbon fuel adoption by simplifying transactions and lowering costs, has been selected by Chevron Technology Ventures, LLC (CTV) as part of its Catalyst Program ™.
  • The Catalyst Program™ was launched by Chevron in 2017 to promote and accelerate innovation from early-stage companies that may benefit the energy sector.
  • “Blackcurrant is excited to be selected by Chevron as part of the Catalyst Program,” said Akshaykumar Thakur , CEO and Co-Founder of Blackcurrant.
  • Chevron Technology Ventures pursues technologies and new business solutions that have the potential to enhance the way Chevron produces and delivers affordable, reliable, and ever-cleaner energy.

EQS-News: Photon Energy Joins RayGen to Open World-Leading Solar and Storage Plant in Australia

Retrieved on: 
Saturday, September 16, 2023

Photon Energy plans to deploy the unique RayGen technology for its 200 MW PV solar coupled with 115 MW of thermal storage project in Yadnarie, Australia.

Key Points: 
  • Photon Energy plans to deploy the unique RayGen technology for its 200 MW PV solar coupled with 115 MW of thermal storage project in Yadnarie, Australia.
  • Amsterdam/Sydney – 8 September 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’), an Amsterdam-based renewable energy company delivering clean energy and water solutions in Europe and Australia joined with the Melbourne-based energy technology company RayGen Resources Pty Ltd (‘RayGen’) to celebrate the opening of RayGen’s innovative solar-plus-storage plant in Carwarp, Victoria.
  • ‘We are excited to celebrate the opening of RayGen’s solar-plus-storage plant, an important milestone in the energy transition in Australia and beyond’, said Georg Hotar, CEO of Photon Energy Group.
  • Along with developing RayGen projects, Photon Energy Group has since April 2020 made several equity investments in RayGen maintaining 7.6% stake in the high-tech company.

Industry leaders to speak at Wood Mackenzie’s Energy & Natural Resources Americas Summit 2023

Retrieved on: 
Thursday, September 14, 2023

Join Wood Mackenzie’s expert analysts and industry leaders to hear how companies and investors can best address these challenges and what key markets, sectors and technologies are set to succeed in the coming decades at the Energy & Natural Resources Summit: Americas 2023 in Houston on October 10 .

Key Points: 
  • Join Wood Mackenzie’s expert analysts and industry leaders to hear how companies and investors can best address these challenges and what key markets, sectors and technologies are set to succeed in the coming decades at the Energy & Natural Resources Summit: Americas 2023 in Houston on October 10 .
  • Key themes on the agenda include:
    The Energy & Natural Resources Summit will hear from leading experts from across the industry.
  • To reserve your place at Wood Mackenzie’s Energy & Natural Resources Summit: Americas 2023 or for further information, please click on this link .
  • For further information about the Energy & Natural Resources Summit, please contact our events team: [email protected]
    For further information please contact Wood Mackenzie’s media relations team:

Sustainable aviation fuel market to grow by USD 1,978 billion from 2022 to 2027 | Favorable government policies to boost market growth - Technavio

Retrieved on: 
Friday, September 1, 2023

Additionally, increased government focus on targets and incentives is likely to drive the growth of the global aviation biofuels market during the forecast period.

Key Points: 
  • Additionally, increased government focus on targets and incentives is likely to drive the growth of the global aviation biofuels market during the forecast period.
  • Sustainable Aviation Fuel Market 2023-2027: Company Analysis
    The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
  • The commercial aircraft aviation fuel market size is estimated to grow at a CAGR of 7.65% between 2022 and 2027, and the size of the market is forecast to increase by USD 49.5 billion.
  • Increasing focus on clean aviation fuel will drive the growth of the market during the forecast period.

Boys & Girls Clubs of America Announces National Partnership with Chevron

Retrieved on: 
Wednesday, August 30, 2023

Boys & Girls Clubs of America and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX) today announced a new national partnership that promotes life and workforce readiness for kids and teenagers in the U.S.

Key Points: 
  • Boys & Girls Clubs of America and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX) today announced a new national partnership that promotes life and workforce readiness for kids and teenagers in the U.S.
  • View the full release here: https://www.businesswire.com/news/home/20230830528619/en/
    Since 1990, Chevron has worked with local Boys & Girls Clubs across the nation to provide key funding and resources to kids and teenagers during out-of-school time.
  • With this new partnership, Boys & Girls Clubs of America will receive $700,000 in funding to advance life and workforce readiness tools, scholarship offerings and STEM-based education opportunities.
  • “Chevron is proud to partner with Boys & Girls Clubs of America to advance their mission of enabling all young people, especially those who need us most, to reach their full potential as productive, caring and responsible citizens,” said Jennifer Michael, social investment manager at Chevron.

APERIO Closes $9M Series A1 Round to Fund Growth

Retrieved on: 
Thursday, August 24, 2023

BOSTON, Aug. 24, 2023 /PRNewswire/ -- APERIO, a category leader in operational data quality, today announced it has closed $9M in Series A1 funding. The round was led by Momenta, the Industrial Impact venture capital + growth firm, and joined by investors including Chevron Technology Ventures, NextEra Energy, National Grid Partners, Delek US, and Bazan Group. The funding will be used to further grow the team, invest in the product, and improve the customer experience.

Key Points: 
  • BOSTON, Aug. 24, 2023 /PRNewswire/ -- APERIO , a category leader in operational data quality, today announced it has closed $9M in Series A1 funding.
  • "In an extremely challenging market, we were able to secure multiple term sheets, partnering with Momenta to lead this funding round," says Jonas Hellgren, CEO, APERIO.
  • APERIO has been on a remarkable growth trajectory since its first round of funding in October 2020.
  • More to come as this funding will add additional features, aimed at helping APERIO scale to meet customer demand.

Brightmark and Chevron Achieve First Gas Milestone with Florida's Largest Family Dairy

Retrieved on: 
Wednesday, August 23, 2023

SAN FRANCISCO, Aug. 23, 2023 /PRNewswire/ -- Brightmark RNG Holdings LLC, a joint venture partnership between Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Brightmark Fund Holdings LLC, a subsidiary of Brightmark LLC, announces the delivery of the first renewable natural gas (RNG) from its Larson Project in Okeechobee County, Florida. The Larson Project is comprised of four lagoon anaerobic digesters located at Larson Family Farms. This marks the joint venture's inaugural RNG project in the state and builds on the joint venture's extensive network of projects across the U.S. to produce dairy RNG for lower carbon intensity transportation fuel. 

Key Points: 
  • The Larson Project captures methane from cow manure through the process of anaerobic digestion and converts it to renewable natural gas.
  • Methane is a potent greenhouse gas (GHG), the second most abundant GHG, and is responsible for roughly 17.3% of global emissions.
  • "We are excited to achieve this milestone in our first joint renewable natural gas project in Florida with Brightmark and a notable farming family," said Nuray Elci, general manager of renewables in Chevron's Americas Products business.
  • Brightmark aims to reduce GHG emissions and achieve significant improvements in water quality by adopting economically viable technologies and practices throughout the industry.

Advisory: Chevron to Present at Barclays CEO Energy-Power Conference

Retrieved on: 
Monday, August 21, 2023

A replay will be available on the website after the event for those unable to watch the live webcast.

Key Points: 
  • A replay will be available on the website after the event for those unable to watch the live webcast.
  • Chevron is one of the world’s leading integrated energy companies.
  • 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.