Chevron news

The merger creates a top-tier energy firm, enhancing growth and shareholder returns, with significant assets in Guyana and Bakken, and $1B in cost synergies expected by 2025.

A new technology converts lignocellulosic biomass into renewable fuels, showing promising pilot results and aiming for commercial scale to meet renewable fuel demand and emission targets.

Chevron is adding a 2,000 m² logistics hall for additive storage at its Ghent site, equipped with solar panels. This marks the first phase of a broader expansion strategy.

The Emden biorefinery expansion adds a pretreatment system to use diverse feedstocks for biodiesel, supporting low-carbon fuel production. Completion is expected by late 2023.

The acquisition enhances Chevron's renewable fuels capabilities. CJ Warner, former REG CEO, joins Chevron's Board, bringing expertise in traditional and renewable energy sectors.