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As an @OGCInews member company, we’re proud to endorse the new OGCI strategy to help accelerate the energy transition through deep reductions in greenhouse gases. OGCI member companies aim to develop a pathway to net zero operations that meet the ambitions of the Paris Agreement.…
Last week CEO Mike Wirth talked to Jim Cramer on CNBC about how Chevron is meeting the dual challenge of accelerating lower carbon energy solutions while continuing to deliver shareholder value.
Ever wondered what carbon intensity is and why it matters? Let us break it down for you.
In a Bloomberg interview this week, CEO Mike Wirth discussed our $10 billion plan to invest in lower carbon energy solutions and businesses such as renewable fuels, carbon capture and hydrogen, to meet the world’s energy demands. Watch here:
Chevron is joining 10 other companies to advance the deployment of a carbon capture and storage (CCS) hub in the Houston region. We're proud to contribute our unique capabilities and build partnerships to enable this effort. Learn more here:
ICYMI: You can find the Energy Transition Spotlight presentation and materials here: $CVX
To help advance a lower carbon future, we’re focusing on lowering the carbon intensity of our operations and growing lower carbon businesses. $CVX
Carbon capture utilization and storage (CCUS) is an enabler of global net zero. Our 2030 target is to increase carbon capture and offsets to 25 million tonnes per year. $CVX
Hydrogen is an important part of meeting the growing demand for affordable, reliable energy and addressing climate change. We see the potential to grow hydrogen production to 150,000 tonnes per year by 2030. $CVX
We’re building a renewable fuels business based on capital-efficient production, strong marketing and feedstock partnerships. We’re targeting to increase production of renewable diesel and sustainable aviation fuel to 100,000 barrels per day by 2030. $CVX
Earlier this year, we established 2028 upstream production carbon intensity targets that are expected to deliver a 35% reduction from 2016 levels, and we’re reaffirming these targets today. $CVX
Starting soon – the live webcast of Chevron’s Energy Transition Spotlight. Please join us at and follow our Twitter feed for event highlights and materials. $CVX
Chevron’s Energy Transition spotlight tweets within this thread may contain forward-looking statements. Please review the cautionary statement:
We've announced plans to invest more capital to grow lower carbon energy businesses. We're tripling total capital invested to $10 billion through 2028, and setting growth targets for renewable fuels, hydrogen and carbon capture through 2030. Details: $CVX
Chevron is investing in Gr3n, whose technology has the potential to help lower the carbon footprint of plastics manufacturing. This is the latest investment from our Future Energy Fund II and we welcome Gr3n to this portfolio.…
Hydrogenious' technology has the potential to unlock the economic value of hydrogen through lower transportation, storage and distribution costs. We're excited for this latest investment from our Future Energy Fund II, and welcome @hydrogenLOHC to this portfolio.…
Join us tomorrow, September 14th, for Chevron’s Energy Transition Spotlight event. Click here for details:
We're forming a joint venture with @Mercuria to own and operate American Natural Gas LLC and its network of 60 compressed natural gas (CNG) stations across the U.S. This will allow us to rapidly grow our renewable natural gas value chain. Learn more:
Today we announced intent to jointly invest with @Gevo_Inc in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel. For details:
We've agreed on a framework to acquire an equity interest in ACES Delta, a joint venture of Mitsubishi Power Americas and Magnum Development, LLC. The Advanced Clean Energy Storage project will produce, store and transport green hydrogen at utility scale.
Chevron and @CaterpillarInc have announced a hydrogen collaboration agreement with a focus on rail, marine vessels and prime power. Work to demonstrate a hydrogen-fueled locomotive will begin immediately. For details:
Today Chevron, @Delta and @Google announced a project to track sustainable aviation fuel emissions data using cloud-based technology. This collaboration will help increase industry transparency as we work towards a lower carbon future. Learn more:
From farmer to fueling station, we're creating value chains that can help us meet our goal of doubling renewable diesel and biodiesel offerings to consumers by 2025 over 2020 levels. Learn more about our proposed joint venture with Bunge, announced today:
Chevron and Bunge have announced a memorandum of understanding of a proposed joint venture to establish a reliable supply chain from farmer to fueling station to help meet demand for renewable fuels. For details:
To advance a lower carbon future, we’re focused on three action areas. Listen to Bruce Niemeyer, VP of Strategy and Sustainability, explain what they are.
Janis is helping influence the health of our global workforce. Read about the difference her work is making in the 2020 Corporate Sustainability Report.
Chevron Technology Ventures is investing in Malta Inc., a start-up that's developing storage systems for grid-scale applications. Our investment supports innovation in energy storage and is made from our Future Energy Fund II . Learn more here:
Chevron Technology Ventures' co-investor @BlueBearCap participates with @OGCInews in the latest funding round for @urbint, a company that deploys AI technology to underground utilities to predict, identify and prevent incidents. Congrats to OGCI and Urbint!…
Since childhood, Farzad has been a passionate gamer. Today, that passion inspires his work as a software engineer. #HumanEnergy
Chevron and @BrightmarkE announce 2nd expansion of joint venture to own projects across the U.S. to produce and market dairy biomethane, a renewable natural gas (RNG). This boosts Chevron's objective to increase RNG volumes 10x by 2025 over 2020 volumes.…
We’re working to advance a lower carbon future. Watch CFO Pierre Breber outline our energy transition strategy and learn more here:
“Scale, flexibility, cost competitiveness and low carbon intensity are attributes that we look at in our portfolio around the world.” CEO Mike Wirth spoke to @IgnatiusPost on @PostLive in this wide-ranging interview:
.@Chevron's Michael Wirth on Biden administration: “We’d like to see some increased engagement with our industry out of the administration…We’d like to engage in discussions about how we can work together...and meet the objectives of the administration.”
Retweeted by Chevron
On Mon. August 16th at 2:30pm ET- @Chevron Chair and CEO Michael Wirth joins @IgnatiusPost to discuss leading the oil giant’s efforts to curb its current carbon output & alternative energy sources. #PostLive Register-
Retweeted by Chevron
Check out our interactive charting tool to build custom charts, select key metrics, and explore the sustainability data most relevant to you. Click the link below to create your custom chart now. #PoweringHumanProgress
We’re honored to have a 97-year legacy in Indonesia
Onyekachi's ability to find harmony with others isn't just something that benefits his singing. It makes him an excellent coworker, too. #humanenergy
"We need to meet the needs of society today, even as we invest for a different energy system in the future." CEO Mike Wirth talked about the energy transition and our commitment to delivering higher returns and lower carbon on @CNBCTheExchange:
ICYMI: CEO Mike Wirth was on @CNBCTheExchange after Friday's Q2 earnings call. He talked about our strong performance, share buyback program, economic recovery and more. Watch these highlights:
During the $CVX earnings call, we discussed our Q2 results and provided updates on our business, including the resumption of our share repurchase program in Q3. Listen to the webcast and find related Q2 materials here:
$CVX started co-processing biofeedstock at our El Segundo refinery, completed the integration of $NBL, and started up the mixed feed cracker at GS Caltex Find all Q2 materials (including cautionary statements) here:
$CVX reported our Q2 results this morning. Join CFO Pierre Breber and EVP Upstream Jay Johnson for today’s earnings call at 8 a.m. PST / 11 a.m. EST:
$CVX reports second quarter 2021 results
We believe the future of energy is lower carbon, and today we announced the creation of a new organization – Chevron New Energies – to accelerate our energy transition strategy. Learn more in this video message from Chairman and CEO Mike Wirth.
By installing 25 mobile solar lighting towers at the Gorgon natural gas facility, @Chevron Australia is continuing to support local WA businesses and will avoid almost 3,100 tonnes of greenhouse gas emissions over five years. Read more here:
Retweeted by Chevron
We have announced our quarterly dividend:
Together with @Chevron we served nearly half a million people through our Walk Wise road safety program in China. Thank you, @Chevron for contributing to sustainable change for future safety in these communities! #HumanEnergy #saferoadsforlife Read more: ➡️
Retweeted by Chevron
We’re committed to advancing racial and social equity in education. Read more about how people like Karen Rawls are working alongside our community partners to make a difference in the 2020 Corporate Sustainability Report #PoweringHumanProgress
Chevron Technology Ventures' latest investment is in @NatelEnergy, a supplier of sustainable hydropower solutions. This investment is part of our $300 million Future Energy Fund II, which focuses on lower carbon technologies. For details:
In a recent interview with Reuters, CFO Pierre Breber explains how we're working toward a lower carbon future. Learn more here:
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