AI is helping us boost profitability in the Permian Basin. AI has revolutionized the oil industry and can reduce costs, increase production, and help lower methane emission intensity. Learn more about the role of AI in the Permian’s long-term production plan here: https://lnkd.in/g9BQitXc #CVX
About us
Our greatest resource is our people. Their ingenuity, creativity and collaboration have met the complex challenges of energy’s past. Together, we’ll take on the future. We support the LinkedIn Terms of Use (User Agreement), and we expect visitors to our page to do the same. We encourage open, lively conversation with a few simple rules: --We reserve the right to correct factual errors. --We will reply to comments when appropriate. --If we disagree with other opinions, we will do so respectfully. --You may not post anything that is spam or that is abusive, profane, or defamatory toward a person, entity, belief, or symbol. --We will delete any posts that contain personal information such as email addresses, phone numbers and physical addresses, and other third party intellectual property material, when that information does not belong to the author of the post. --You may not post job listings for non-Chevron positions. --While we support lively, open discussion, we reserve the right to delete comments.
- Website
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http://www.chevron.com
External link for Chevron
- Industry
- Oil and Gas
- Company size
- 10,001+ employees
- Headquarters
- San Ramon, CA
- Type
- Public Company
- Specialties
- Crude Oil & Natural Gas Production, Liquefied Natural Gas, Refining, Motor & Jet Fuel, Lubricants, Additives and Petrochemicals Marketing, Energy & Supply Trading, Energy Technologies, Energy Efficiency Solutions, Pipelines, Shipping, Renewable Fuels, and New Energies
Locations
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Primary
Get directions
6001 Bollinger Canyon Road
San Ramon, CA 94583, US
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Get directions
707 SW Avenue E
Andrews, TX 79714, US
Employees at Chevron
Updates
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We’re growing our production while spending less. Our CEO, Mike Wirth, recently met with Frederick Kempe, CEO of the Atlantic Council, to discuss our strategy with a focus on capital efficiency. Even higher returns are expected in 2025 as we expand in the Permian Basin and explore the deepwater Gulf of Mexico. ➡ Keep watching here: https://lnkd.in/gXRKewQg
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Collaboration can help us work towards a lower carbon future. OGCI (Oil and Gas Climate Initiative) consists of 12 of the world’s largest oil and gas companies, including Chevron. A recent OGCI report showed that this kind of teamwork can help mitigate methane emissions when paired with the right technology. Learn more: https://lnkd.in/eK5jAQBT
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The energy system is massive, and it takes time for solutions to scale. Molly Laegeler, our Vice President of Strategy and Sustainability, recently spoke about the pace of the global energy transition at the FT Global Boardroom. Get the recap of what she talked about below. ⬇
Last week I had the pleasure of chatting with Anne-Christine Champion, Birgitte Ringstad Vartdal, Connor Teskey, and Malcolm Moore about the pace of the global energy transition at the FT Global Boardroom. Pace is the biggest strategic question facing the industry. The energy system is massive, and it takes time for solutions to scale. It took oil and gas 40 years to go from 1-10% of the energy mix. Renewable power is the fastest growing solution, but wind and solar are still only 2.5% of the energy mix according to the IEA. The transition will happen at different speeds in different regions around the world based on technology, policy, infrastructure and consumer demand. Demand is expected to grow 15% in the coming decades. Many solutions will be needed to meet this growing demand. Whether it is our work with Chevron Studio, a partnership with National Renewable Energy Lab, linking entrepreneurs with early-stage technologies developed in universities and national labs, investments from our future energy fund to support entrepreneurs developing lower carbon technology, or pilots to trial lower carbon technologies in our operations, we are driving innovation to help build the energy system of the future. I joined the energy industry because I like addressing complex challenges. Meeting growing demand while lowering carbon emissions is one of the most important issues of our time. I’m optimistic and excited about the opportunities ahead. Working together, society can achieve change at scale and address climate change while meeting the world’s energy needs.
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We're creating ways to work smarter in collaboration with SLB and Microsoft. As partners, we've created an IT platform that helps connect subsurface professionals with huge amounts of information, when previously, some subsurface employees were found to have spent 75% of their time looking for that information. Learn more: https://lnkd.in/g-Nc3i8D
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The right technology can be a game changer. 🤝 We're using field development optimization tools to help drive faster, more informed decisions. These new technologies can help reduce field cycle time, using data to identify the right fields to develop, at the right time. Learn more about our recent developments here: https://lnkd.in/eHUsuVHt #CVX
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Renewable gasoline blends should deliver performance and lower carbon intensity. Here are some key takeaways about the new type of renewable gasoline we are blending. 👇 1️⃣ Can be used in any gasoline-fueled vehicle on the road today 2️⃣ Functions like traditional gasoline—no engine changes are required 3️⃣ Toyota used it with existing infrastructure to fuel a shipment of new vehicles Learn more about our partnership with Toyota here: https://lnkd.in/gnG4ZyCF #CVX
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More than 440,000 acres of endangered coral reef lie under Colombia's busy shipping lanes and cruise routes. A team of our volunteers are working with local organizations to help restore and protect these reefs. 👉 Learn more: https://lnkd.in/gx6_vf2C
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We are targeting a production capacity of 100,000 barrels per day of renewable fuels by 2030. Drop-in fuels, such as renewable gasoline blends and renewable diesel, can work with existing fuel infrastructure, making them a viable, scalable, and lower carbon option. This helps preserve customer choice and make a difference in lowering carbon intensity. Read on: https://lnkd.in/gMjgAb9i #CVX
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✅ Anchor's 20,000 psi deepwater technology is the first of its kind. In the U.S. Gulf of Mexico, Anchor will enable us to produce a combined 300,000 net barrels of oil equivalent per day by 2026. ➡ Learn how high-pressure technology is opening a new frontier in deepwater development. https://lnkd.in/gcyexCUn #CVX
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