Chevron Spotlights its Energy Transition Plans, Sees Renewable Gas and Fuels To Bring in Most Cashflow
US supermajor Chevron has tripled its planned investments into the energy transition through 2028, with new growth targets announced at its Energy Transition Spotlight held on Tuesday.
The company has committed to investing $10 billion into renewable natural gas, renewable fuels, hydrogen, carbon capture, and carbon offsets, with an expected $1 billion of annual cash flow coming in from the businesses.