Curtailment (electricity)

HF Sinclair Corporation Announces Appointment of Rhoman Hardy to Its Board of Directors

Retrieved on: 
Tuesday, July 5, 2022
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HF Sinclair Corporation (NYSE:DINO) (HF Sinclair) today announced that its Board of Directors (the Board) appointed Rhoman J. Hardy to the Board, effective July 2, 2022.

Key Points: 
  • HF Sinclair Corporation (NYSE:DINO) (HF Sinclair) today announced that its Board of Directors (the Board) appointed Rhoman J. Hardy to the Board, effective July 2, 2022.
  • This appointment increases the size of the Board to twelve directors and increases the number of independent directors on the Board from nine to ten.
  • He brings strong industry experience and expertise to the HF Sinclair Board.
  • We look forward to his contributions to our Board and HF Sinclair, said Franklin Myers, Chairman of the Board.

Chevron Achieves Top Certification Scores for Environmental Performance

Retrieved on: 
Wednesday, June 29, 2022
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Chevron Corporation (NYSE: CVX) announced that the companys participating North American upstream assets earned Project Canarys highest ratings on operational and environmental performance.

Key Points: 
  • Chevron Corporation (NYSE: CVX) announced that the companys participating North American upstream assets earned Project Canarys highest ratings on operational and environmental performance.
  • Project Canarys independent analysis was conducted on Chevron assets in Texas and Colorado by the Denver-based climate tech and environmental assessment company.
  • This certification is an important milestone in our journey to deliver affordable, reliable, ever-cleaner energy to a growing world.
  • Project Canary scores responsible operations, delivering independent emission profiles via high-fidelity continuous monitoring technology to provide actionable environmental performance data.

Chevron Completes Acquisition of Renewable Energy Group

Retrieved on: 
Monday, June 13, 2022
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Chevron Corporation (NYSE: CVX) today completed its previously announced acquisition of Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) following approval by REG stockholders.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today completed its previously announced acquisition of Renewable Energy Group, Inc. (NASDAQ: REGI) (REG) following approval by REG stockholders.
  • We have brought together companies with complementary capabilities, assets, and customer relationships to make Chevron one of the leading renewable fuels companies in the United States, said Mark Nelson, executive vice president of Downstream & Chemicals for Chevron.
  • CJ Warner has deep experience across both the traditional and renewable energy sectors, said Chevron Chairman and CEO Mike Wirth.
  • Her perspective and guidance will be invaluable as Chevron leverages its strengths to deliver lower carbon energy to a growing world.

Chevron, Cummins Team on Renewable Natural Gas Engine Demonstration with Walmart

Retrieved on: 
Wednesday, June 8, 2022
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As part of the agreements, Walmart will provide heavy-duty trucks for Cummins to integrate with the new 15-liter natural gas engine, the X15N, which runs on compressed natural gas (CNG).

Key Points: 
  • As part of the agreements, Walmart will provide heavy-duty trucks for Cummins to integrate with the new 15-liter natural gas engine, the X15N, which runs on compressed natural gas (CNG).
  • Renewable natural gas is produced when biomethane from decomposing organic matter such as cow manure or landfill waste is captured, treated and placed into the natural gas network.
  • Chevron will be responsible for linking the renewable natural gas to the CNG dispensed by Walmart into its natural gas trucks.
  • Cummins is excited to work with Walmart and Chevron on heavy-duty natural gas trucks and fuel availability, said Puneet Jhawar, general manager, Natural Gas at Cummins.

Chevron and KazMunayGas Announce Collaboration on Lower Carbon Opportunities

Retrieved on: 
Wednesday, June 8, 2022
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Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Munaigas Inc. (Chevron), and JSC NC KazMunayGas (KMG) have announced a memorandum of understanding (MoU) to explore potential lower carbon business opportunities in Kazakhstan.

Key Points: 
  • Chevron Corporation (NYSE: CVX), through its subsidiary Chevron Munaigas Inc. (Chevron), and JSC NC KazMunayGas (KMG) have announced a memorandum of understanding (MoU) to explore potential lower carbon business opportunities in Kazakhstan.
  • Chevron and KMG plan to evaluate the potential for lower carbon projects in areas such as carbon capture, utilization, and storage (CCUS); hydrogen; energy efficiency and methane management; and carbon financial disclosure methodology.
  • However, lower carbon is a new area for us, and we believe that Chevrons wide experience in implementing lower carbon technologies and practices in the oil and gas industry will contribute to our capabilities and lead to joint lower carbon projects.
  • We are excited about the opportunity to pursue these lower carbon opportunities with KazMunayGas and help advance the energy transition in Kazakhstan.

Chevron Announces Appointment of Dr. Wanda M. Austin as Lead Independent Director

Retrieved on: 
Thursday, May 26, 2022
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Chevron Corporation (NYSE: CVX) announced that the independent directors of the Chevron Board have selected Dr. Wanda M. Austin as lead independent director, effective May 25, 2022.

Key Points: 
  • Chevron Corporation (NYSE: CVX) announced that the independent directors of the Chevron Board have selected Dr. Wanda M. Austin as lead independent director, effective May 25, 2022.
  • Dr. Austin succeeds Dr. Ronald D. Sugar in that role, who will remain on the Chevron Board.
  • View the full release here: https://www.businesswire.com/news/home/20220526005717/en/
    We are pleased to announce Dr. Austins selection as our next lead independent director, said Mike Wirth, chairman and CEO.
  • Id also like to express my appreciation to Dr. Sugar for his strong leadership and sound judgment as lead independent director, continued Wirth.

Chevron Evolves Leadership Structure to Further Enhance Execution

Retrieved on: 
Thursday, May 26, 2022
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Chevron Corporation (NYSE:CVX) today announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the companys objectives of higher returns and lower carbon.

Key Points: 
  • Chevron Corporation (NYSE:CVX) today announced a simplified organizational structure and senior leadership changes intended to strengthen execution and pace to deliver on the companys objectives of higher returns and lower carbon.
  • The new leadership structure is expected to enable a more integrated approach to capital allocation, asset class excellence and value chain optimization, and facilitate more effective external engagement and business development impact.
  • Weve made significant progress over the last two years, and these changes position us to further enhance execution across all aspects of our business as the energy system evolves, said Mike Wirth, Chevrons chairman and chief executive officer.
  • Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry.

Chevron Updates Stockholders at Annual Meeting

Retrieved on: 
Wednesday, May 25, 2022
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Chevron Corporation (NYSE: CVX) today provided an overview of the companys business plans and operations at its annual stockholders meeting.

Key Points: 
  • Chevron Corporation (NYSE: CVX) today provided an overview of the companys business plans and operations at its annual stockholders meeting.
  • In the past year, Chevron completed the transformation of the organization, integrated Noble Energys people and assets, and formed Chevron New Energies.
  • Chevron announced the proposed acquisition of Renewable Energy Group, Inc. (NASDAQ: REGI) in February, which is expected to be completed around the middle of this year.
  • Specific information about the proposals before Chevron stockholders this year may be found in the Investors section of the companys website under Stockholder Services Annual Meeting Materials.

Chevron Launches Carbon Capture and Storage Project in San Joaquin Valley

Retrieved on: 
Wednesday, May 18, 2022
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Chevron U.S.A. Inc., through its Chevron New Energies division, announced it is launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, California.

Key Points: 
  • Chevron U.S.A. Inc., through its Chevron New Energies division, announced it is launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San Joaquin Valley, California.
  • Reducing the carbon intensity of the energy people rely on day-in and day-out is well-aligned with the ambitions of the Paris Agreement, said Chris Powers, vice president of Carbon Capture, Utilization, and Storage (CCUS) for Chevron New Energies.
  • In addition to the Eastridge cogeneration project, Chevron is currently evaluating and deploying multiple carbon capture technology demonstrations to mature more efficient and cost-effective capture solutions, potentially enabling future projects, not only for Chevron, but for other industries.
  • We believe this project has the potential to benefit the region on many levels and that Kern County is an ideal location for carbon capture and storage.

Chevron Sanctions Ballymore Project in Deepwater U.S. Gulf of Mexico

Retrieved on: 
Tuesday, May 17, 2022
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Chevron Corporation (NYSE: CVX) announced today it has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico.

Key Points: 
  • Chevron Corporation (NYSE: CVX) announced today it has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico.
  • Once complete, Ballymore is expected to add a reliable supply of U.S.-produced energy to help meet global demand.
  • Ballymore will be Chevrons first development in the Norphlet trend of the U.S. gulf.
  • Chevron subsidiary Chevron U.S.A. Inc. is the operator of the Ballymore project with a 60 percent working interest.