Report: Chevron Prioritizing Biofuels in Renewables Expansion
Chevron is exploring a broader role in alternative energy, with biofuels emerging as a key area of interest, according to reporting from the Wall Street Journal. Speaking Tuesday at a WSJ-hosted forum, Chevron CEO Mike Wirth described the company’s strategy for selectively expanding into lower-carbon technologies, including hydrogen, carbon capture and storage, geothermal energy, and biofuels.
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