Transcript

Hello and welcome. I'm Jim by Luke Berbeka and Rick Trians from Chevron. Thank you so much for joining me. Pleasure to have you. Thank you, Jay. Thank you for having us. It's a pleasure to be here anytime. So let's jump right in right now. Dual fuel engine technology running on a wide range of fuels is gaining momentum. How is Chevron supporting this transition? Luke, Chevron has anticipated to this shift to dual fuel engines by introducing Ajax 9744 stroke medium speed engines. This is a an engine oil which is formulated for not only the traditional diesel fuel operation or LNG, but a mixture of both in dual fuel. But can as well manage biofuel, have quite a bit of experience there and can also manage the methanol at some extent and ammonia and we do today already have quite a bit of experience there and that looks very promising. On the low speed engine side, we have introduced Tara Advanced 40 which is our high performing. Cylinder oil also there we have quite a bit of experience already not only in the very loss of fuel laws but as well in maternal and and gaseous fuels like LNG and LPG. But also this is now the lubricant approved by the engine builders for ammonia. And we have next year the 1st ammonia 2 stroke engines coming online which will be lubricated by this product. And how is Chevron preparing for the rise of next Gen. fuels like methanol, ammonia or advanced biofuels a bit linked to that so? And he has been very much focused on how can we enable these new fuels and how can we have chemistry on our working sites that make the the engine operation possible and have good performance. As it looks now, the future engine operators will not run on a single fuel. They will run on multiple fuels. We're not always have the choice. Some of most of these fuels will be lower carbon fuel solutions. So we have to make sure that they have reliable and resilient kind of options to cope with these multiple field choices. That's where we're focusing on. So today we're meeting, we're working very closely with our customers and with the engine builders to make sure that we meet the future lubricant requirements for this. And finally looking at another one of your products, what does tarot ultra advanced 40? Sorry, what sets Tara Ultra advanced 40 apart from 2 stroke engine lubrication, right, so terrible to advanced 40 is? Onover Late's the Cilinder Oil Developments and It Meets and de ja de late's MENIS. The requirements it is approved as a category 2 cylinder oil and this is basically all about delivering adequate detergent power, in other words, superior cleaning power. So it allows also bit similar to the Ajax 9700, it is actually meant for different fuel types and and yeah, it can it helps to reduce complexity. In the past, we need to we need it, we were required to switch between a high beyond cylinder oil and a lower beyond oil in order to maintain the cleanliness and the engine. Whereas with this new product here, it's possible just to go with one cylinder oil for the ban. And HDAC 9700 was described as a fuel agnostic lubricant. What does that mean in practice for ship owners, Right. So the agnostic part stands for the flexibility this product product offers this, this Trumpist. And engine oil is fit for both gases and liquid types of fuels. The liquid types of fuels can be of desolate nature or similar. And Luke mentioned already about methanol, for example. It's particularly interesting, this kind of product is particularly interesting for use in the dual fuel engines because of the fact that these engines can operate on both types of fuels and they can do this either in an alternating way or continuous way. And in this way, it reduces the complexity, a lot of the complexity of operation and the operators no longer have to switch between the different lubricants. They can just go with one. Thank you so much for sharing your insights with us and you're welcome back in the studio anytime. So very interesting. Thank you. Alright, thank you very much.