Create a free Trucks, Parts, Service account to continue reading

Deals with Cummins, other companies, make Chevron major player in renewable fuels

Quimby Mug Bayou Florida Headshot

Chevron has become a major player in renewable fuels through recent fuel deals and a partnership with global engine giant Cummins.

Chevron recently announced an agreement with Cummins to provide renewable natural gas for Walmart trucks that will be powered by Cummins new X15N natural gas engine.

Walmart will field-test the trucks at its distribution center in Fontana, California, with Chevron supplying the trucks with compressed natural gas linked to renewable natural gas.

“Walmart’s collaboration with Chevron and Cummins on the new Cummins 15-liter natural gas engine is one of many technologies we are testing to reach zero emissions in our fleet, part of our broader goal to achieve zero emissions in our operations by 2040,” said Luke McCollum, vice president of Supply Chain Sustainability at Walmart. “Testing CNG linked to renewable natural gas marks a significant stepping stone for Walmart’s path to zero emissions transportation.”

Chevron’s stake in renewable fuels grew overnight through two major acquisitions.

A recent joint venture between Chevron and Mercuria Energy Trading led to the two companies buying American Natural Gas, a Beyond6 company, and its 60 compressed natural gas stations in 17 states across the country. Beyond6 plans to expand its fueling network and supply it with renewable natural gas (RNG).

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover