Chevron, Caterpillar Announce Collaboration Agreement on Hydrogen

SAN RAMON, Calif. & DEERFIELD, Ill.–(BUSINESS WIRE)–Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), and Caterpillar Inc. (NYSE: CAT) today announced a collaboration agreement to develop hydrogen demonstration projects in transportation and stationary power applications, including prime power. The goal of the collaboration is to confirm the feasibility and performance of hydrogen for use as a commercially viable alternative to traditional fuels for line-haul rail and mari

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