Chevron New Energies aims to help decarbonise the firm’s portfolio
Chevron eyes energy transition
Chevron New Energies will help the firm decarbonise and develop new lines of business to accelerate the transition, incoming vice-president of hydrogen tells Hydrogen Economist
Chevron New Energies was established last year to help the firm achieve its goals of cutting 30mn t CO₂ from its operations by 2028 using renewable fuels, hydrogen and carbon capture, utilisation and storage (CCUS) technologies. Chevron will aim to grow low-carbon hydrogen production to 150,000t/yr by 2030 to supply industrial, power and heavy-duty transport customers with a mixture of blue and green forms of the fuel. The firm produces 1mn t/yr of grey hydrogen. Hydrogen Economist talks to Austin Knight, incoming vice-president of hydrogen at Chevron New Energies, about his new role. Austin Knight, Chevron New Energies Can you describe
Also in this section
25 July 2025
Oil major cites strategy reset as it walks away from Australian Renewable Energy Hub, leaving partner InterContinental Energy to lead one of world’s largest green hydrogen projects
23 July 2025
Electrolysis seen as most leakage-prone production pathway as study warns of sharp increase through 2030 and beyond
22 July 2025
The gas-hungry sector is set for rapid growth, and oil majors and some of the world’s largest LNG firms are investing in ammonia production and export facilities, though much depends on regulatory support
16 July 2025
Major manufacturer cancels rollout of new hydrogen-powered vans and strengthens focus on battery electric and hybrid markets
