In this 3D rendering, a hydrogen pipeline illustrates the transformation of the energy sector towards ecology, carbon neutral, secure and independent energy. Cummins Inc. and Chevron have announced a memorandum of understanding (MOU) to leverage complimentary positioning in hydrogen, natural gas and other lower carbon fuel value chains. (Source: Shutterstock.com)
Cummins Inc. and Chevron have announced a memorandum of understanding (MOU) to leverage complimentary positioning in hydrogen, natural gas and other lower carbon fuel value chains.
“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,” said Chevron’s president of Americas Products Andy Walz.
Cummins and Chevron each have contributed to the research, development and deployment of alternative fuel systems and technologies. They will work together to enable the commercial development at scale of alternative fuels production, transportation and delivery systems for industrial and commercial markets, with target consumption by transportation vehicles of the type manufactured by Cummins.
“By collaborating strategically with Chevron, we plan to improve access to fuel and infrastructure for our customers, helping grow the availability of alternative and renewable fuels while reducing emissions,” said Jennifer Rumsey, president and CEO of Cummins.
The new collaboration focuses on hydrogen, natural gas, and other alternative lower carbon intensity fuels such as renewable gasoline blend, biodiesel, renewable diesel, compressed natural gas, and other liquid renewables to expand commercial adoption.
Recommended Reading
The Private Equity Puzzle: Rebuilding Portfolios After M&A Craze
2025-01-28 - In the Haynesville, Delaware and Utica, Post Oak Energy Capital is supporting companies determined to make a profitable footprint.
Utica Liftoff: Infinity Natural Resources’ Shares Jump 10% in IPO
2025-01-31 - Infinity Natural Resources CEO Zack Arnold told Hart Energy the newly IPO’ed company will stick with Ohio oil, Marcellus Shale gas.
Ovintiv Names Terri King as Independent Board Member
2025-01-28 - Ovintiv Inc. has named former ConocoPhillips Chief Commercial Officer Terri King as a new independent member of its board of directors effective Jan. 31.
EOG’s Donald F. Textor to Retire from Board
2025-02-11 - Textor was first elected a director of EOG Resources in 2001, where his counsel played a key role in EOG’s growth, Chairman and CEO Ezra Y. Yacob said in a press release.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.