The goal of the joint research being conducted by Air Liquide, Chevron, LyondellBasell, and Uniper SE is to assess and possibly progress the construction of a facility for producing hydrogen and ammonia in the U.S. Gulf Coast.
Browsing: Chevron
The business creates fuel cell power and hydrogen storage system for the marine sector.
Chevron, one of the world’s leading integrated energy companies, has ordered four HyFill hydrogen transport trailers from BayoTech, a leader…
A subsidiary of the U.S. oil giant Chevron Corporation aims to study hydrogen, carbon capture, and other ecologically friendly energy…
The revelation comes after TotalEnergies and BP announced massive green hydrogen investment plans on consecutive days earlier this week, providing a vote of confidence for the embryonic sector.
Chevron’s announcement is part of a larger, long-term plan to build a green hydrogen fuel infrastructure that would, among other things, provide a zero-emission energy source for commercial and passenger vehicles. Hydrogen is seen as an important part of the Bay Area’s energy transformation.
The demonstration’s purpose is to establish the viability and performance of hydrogen fuel as a viable line-haul rail alternative to existing fuels. Hydrogen has the potential to play a big role in transportation as a lower-carbon alternative to diesel, with hydrogen fuel cells providing a way of reducing emissions.
The company would prefer pay dividends to shareholders than invest in wind and solar power projects, which produce minimal financial returns.
The collaboration’s purpose is to prove hydrogen’s viability and performance as an economically viable alternative to existing fuels for long-distance rail and marine vessels.
Raven SR Inc., a renewable fuels company, announced last week that it has received a $20 million investment from Chevron
