Chevron Corporation

Cummins and Chevron Advance Strategic Collaboration

Retrieved on: 
Thursday, August 10, 2023

Cummins Inc. (NYSE: CMI) and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains.

Key Points: 
  • Cummins Inc. (NYSE: CMI) and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains.
  • The announcement expands the two companies’ previous strategic collaboration on hydrogen and renewable natural gas and is expected to encompass other liquid renewable fuels, such as renewable gasoline blends, biodiesel and renewable diesel.
  • This collaboration is intended to encourage commercial and industrial adoption in North America.
  • “Collaborations like this one with Cummins are intended to make energy and global supply chains more affordable and reliable while helping commercial fleets who use our products and Cummins’ equipment to advance a lower carbon world.

Sundyne Appoints Adolfo Gomez Vice President of Global Aftermarket Services

Retrieved on: 
Monday, August 7, 2023

ARVADA, Colo., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Sundyne, a global leader in the design and manufacture of mission-critical pumps and compressors, today announced that Adolfo Gomez has joined the company as Vice President of Global Aftermarket Services.

Key Points: 
  • ARVADA, Colo., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Sundyne, a global leader in the design and manufacture of mission-critical pumps and compressors, today announced that Adolfo Gomez has joined the company as Vice President of Global Aftermarket Services.
  • Adolfo will lead Sundyne's commercial aftermarket business and team, working closely with Channel Partners and Authorized Service Centers to proactively support Sundyne's customers and grow the aftermarket business.
  • Adolfo has more than 20 years of industrial experience working at companies including General Motors, Chevron Texaco and Cummins, Inc.
  • "I'm excited to join the Sundyne team, where I can leverage my skills and expertise to empower our customers and channel partners," said Adolfo Gomez.

Chevron Completes Acquisition of PDC Energy

Retrieved on: 
Monday, August 7, 2023

Chevron Corporation (NYSE: CVX) announced today that its acquisition of PDC Energy, Inc. (NASDAQ: PDCE) has been completed following approval by PDC Energy shareholders.

Key Points: 
  • Chevron Corporation (NYSE: CVX) announced today that its acquisition of PDC Energy, Inc. (NASDAQ: PDCE) has been completed following approval by PDC Energy shareholders.
  • “We’re pleased to welcome PDC Energy into Chevron,” said Bruce Niemeyer, Chevron’s president for Americas Exploration & Production.
  • “Our companies have similar cultures, with a focus on safe and reliable operations, teaming to deliver results, and benefiting the communities where we operate.
  • PDC’s high-quality assets open up even greater opportunities in important U.S. basins where Chevron already has a strong presence.”
    The assets acquired include 275,000 net acres in the Denver-Julesburg (DJ) Basin adjacent to Chevron’s existing operations, which add more than 1 billion barrels of oil equivalent proved reserves, and 25,000 net acres in the Permian Basin that are held by production.

Jericho Energy Ventures Inc.: Who are the Most Incredible Energy Innovators?

Retrieved on: 
Thursday, July 27, 2023

Jericho Energy Ventures Inc.: Who are the Most Incredible Energy Innovators?

Key Points: 
  • Jericho Energy Ventures Inc.: Who are the Most Incredible Energy Innovators?
  • Some key innovators in the broader energy space are Shell PLC ( NYSE: SHEL ), Chevron Corporation ( NYSE: CVX ), Nextera Energy Inc ( NYSE: NEE ) and Jericho Energy Ventures Inc ( TSXV: JEV ) ( OTC: JROOF ).
  • A business with a huge focus on hydrogen is Jericho Energy Ventures Inc ( TSXV: JEV ) ( OTC: JROOF ).
  • Furthermore, the business has invested in Web 3 energy start-up LO3, which aims to help consumers and businesses to find locally produced energy.

ZEDEDA Launches Industry-First Application Services Suite, Revolutionizing Edge Computing

Retrieved on: 
Tuesday, July 25, 2023

ZEDEDA , the leader in edge infrastructure orchestration, today introduced ZEDEDA Edge Application Services, making it easier for customers to instantly gain granular control across all of their edge applications, including their modern AI-based applications.

Key Points: 
  • ZEDEDA , the leader in edge infrastructure orchestration, today introduced ZEDEDA Edge Application Services, making it easier for customers to instantly gain granular control across all of their edge applications, including their modern AI-based applications.
  • View the full release here: https://www.businesswire.com/news/home/20230725074554/en/
    ZEDEDA Edge Application Services (Photo: Business Wire)
    The number of edge devices, along with the data they produce, is growing exponentially.
  • “Now, with ZEDEDA Edge Application Services, we are able to offer our customers the ability to manage, configure and control their edge applications simply by leveraging the ZEDEDA ecosystem.”
    ZEDEDA Edge Application Services are delivered using ZEDEDA’s market-leading edge orchestration solution, which reduces cost while increasing visibility, security and control.
  • For more information about the ZEDEDA Edge Application Services, please visit www.ZEDEDA.com .

STOCKHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – AJX, PDCE, CFMS, SGTX

Retrieved on: 
Tuesday, July 25, 2023

Under the terms of the agreement, AJX shareholders are expected to receive 0.5308 shares of Ellington per share they own.

Key Points: 
  • Under the terms of the agreement, AJX shareholders are expected to receive 0.5308 shares of Ellington per share they own.
  • It is free and there is no cost or obligation to you.
  • PDC Energy, Inc. (NASDAQ: PDCE ), relating to its proposed merger with Chevron Corp.
  • Under the terms of the agreement, PDCE shareholders are expected to receive 0.4638 shares of Chevron per share they own.

Chevron Announces Senior Leadership Changes

Retrieved on: 
Sunday, July 23, 2023

Chevron Corporation (NYSE:CVX) today announced several senior leadership changes as well as a waiver of the mandatory retirement age for the chairman and chief executive officer, Mike Wirth.

Key Points: 
  • Chevron Corporation (NYSE:CVX) today announced several senior leadership changes as well as a waiver of the mandatory retirement age for the chairman and chief executive officer, Mike Wirth.
  • “Under his leadership, Chevron has delivered on its financial priorities, executed several acquisitions and driven significant value for our shareholders.
  • Over her 24-year career with Chevron, she has held numerous leadership and operating positions.
  • The company announced several other senior leadership appointments related to this transition.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates UBA, UBP, PDCE, WTT, GHL

Retrieved on: 
Sunday, July 23, 2023

If you are an Urstadt Biddle shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Urstadt Biddle shareholder, click here to learn more about your rights and options .
  • If you are a PDC shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

PDC ENERGY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PDC Energy, Inc. - PDCE

Retrieved on: 
Friday, July 21, 2023

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PDC Energy, Inc. (NasdaqGS: PDCE) to Chevron Corporation (NYSE: CVX).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PDC Energy, Inc. (NasdaqGS: PDCE) to Chevron Corporation (NYSE: CVX).
  • Under the terms of the proposed transaction, shareholders of PDC will receive 0.4638 shares of Chevron for each share of PDC that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Arolytics Selected by Chevron Technology Ventures for Catalyst Program

Retrieved on: 
Tuesday, July 18, 2023

CALGARY, AB, July 18, 2023 /PRNewswire/ -- Arolytics Inc., an innovative provider of emissions software and data analytics solutions for the oil and gas sector, is thrilled to announce its acceptance into the Chevron Technology Ventures (CTV) Catalyst Program.

Key Points: 
  • CALGARY, AB, July 18, 2023 /PRNewswire/ -- Arolytics Inc., an innovative provider of emissions software and data analytics solutions for the oil and gas sector, is thrilled to announce its acceptance into the Chevron Technology Ventures (CTV) Catalyst Program.
  • The CTV Catalyst Program was launched in 2017 to accelerate the maturation of early-stage companies developing technology beneficial to the energy industry.
  • In the program, Arolytics will have exposure to key use cases and market needs, with a focus on Arolytics expanding into the U.S. Market.
  • "Being selected for the Catalyst Program is an amazing opportunity for Arolytics," said Liz O'Connell, CEO of Arolytics.