Wärtsilä, Chevron Shipping partner to lower methane emissions on LNG

Technology group Wärtsilä, in partnership with Chevron Shipping Company LLC plans to convert one engine on six of Chevron Transport Corporation Ltd.’s LNG Carriers from dual-fuel to spark gas  operation. The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping’s broader efforts to reduce the carbon intensity of

Chevron charters its first hybrid electric bunker tanker

U.S. energy major Chevron is chartering its first hybrid electric bunker tanker, a vessel that fuels other ships, from V-Bunkers, the Singaporean bunker arm of energy and commodities company Vitol. According to Chevron, the tanker, owned and operated by V-bunkers, arrived at Singapore facilities last summer and will provide maritime customers in the region with

Chevron tests hybrid electric fueling barge

Chevron is testing operations with a hybrid electric bunker tanker as it explores expanding the use of the technology. The fueling giant looks at the vessel, the Marine Dynamo, which is on charter from V-Bunkers, as a demonstration and proof of concept. The vessel which is being operated by V-Bunker used to supply Chevron customers

Chevron to acquire US oil company Hess

US oil major Chevron announced has entered into a definitive agreement with compatriot Hess Corporation to acquire all outstanding shares of the company in an all-stock transaction valued at $53bn. Under the terms of the agreement, Hess shareholders will receive 1.0250 shares of Chevron for each Hess share. The acquisition consideration is structured with 100%

Fossil fuel players asserting natural gas as the fuel of the future

The confidence in natural gas stems from a series of geopolitical events and market dynamics. Russia's invasion of Ukraine and subsequent energy crisis have prompted Europe to expedite efforts to reduce reliance on Russian fuel.

MOL to work together with Chevron to reduce carbon intensity

The partnership will see joint studies carried out on next-generation fuels in various regions around the world including safety measures and legislation for lower-carbon efforts in the marine fuels sector.

Chevron, Angelicoussis to jointly explore ammonia transportation

Chevron, through its subsidiary Chevron Shipping Co. LLC, and the Angelicoussis Group’s Green Ships division, have formed a joint study agreement to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel. The initial study will evaluate the ammonia transportation market, existing infrastructure, the safety aspects of ammonia, potential next-generation

Chevron chooses BOSS Voyage optimisation Suite for fleet decarbonization

Chevron Corp., and Indian maritime technology company Blue Water Trade Winds Pvt. Ltd, announced the official signing of their contract to implement Blue Water’s “BOSS Voyage Optimisation Suite” on the Chevron’s TC fleet. Through intelligent voyage optimisation, weather routing, vessel performance analysis, and effective fleet management, the BOSS Suite will support Chevron’s ongoing efforts to

Chevron to work with Sembcorp Marine to reduce carbon intensity of its LNG fleet

Chevron Corporation announced entrance into an agreement with Sembcorp Marine Repairs & Upgrades Pte. Ltd, intending to reduce the carbon intensity of their LNG fleet operations. Under the agreement, with Sembcorp Marine’s support, Chevron will install new technologies aboard Chevron vessels to support their energy transition goals. The changes are also in alignment with decarbonization

Alcoa cuts WA alumina production amid gas crisis

Alcoa has been forced to reduce production at its Kwinana alumina refinery in Western Australia and Wesfarmers has resorted to emergency gas in storage as the impact of an ongoing outage at a major production plant owned by Chevron worsens across the state. WA’s biggest gas retailer, Alinta Energy, has turned to gas stored in