Chevron New Energies的动态

Chevron has made it no secret that it believes lower-carbon energy is the future. That's driving increased investments in building a lower-carbon growth engine. While fossil fuels make up the bulk of its current investment spending, the oil giant believes that lower carbon energy is the future. That's driving it to invest $2 billion this year on projects to reduce the carbon intensity of its traditional operations and grow its new business lines. It aims to build out several lower #carbon businesses, including #renewable fuels, #hydrogen, and carbon capture, utilization, and storage (#CCUS).

Welcome to the third edition of Drilling down, KPMG International's annual magazine that seeks to delve into the critical issues shaping the oil and gas industry. In this edition, we focus on the challenges and opportunities clients face as they navigate the complex landscape of the energy transition. As the world moves towards sustainable practices, the oil and gas?sector is at the forefront of discussions around reducing emissions, making this edition particularly timely and relevant.? Throughout this edition, we present real-world examples and case studies from KPMG member firms around the world. These stories showcase how industry leaders are proactively addressing the challenges posed by reducing carbon emissions, and the energy transition. From innovative technologies to sustainable business models, these cases offer tangible evidence of effective strategies in action.? In a world where sustainability is no longer an option but a necessity, Drilling down serves as a guide for industry professionals, policy-makers, and stakeholders invested in the future of the oil and gas sector. Join us as we explore the move to net zero and the energy transition, providing invaluable insights into the path towards a more sustainable and resilient energy future.

Shell’s decision to cut hundreds of jobs in its oil and gas exploration operations is part of a broader strategy to save $3 billion by 2025. This move comes as the company faces criticism for reducing its investments in renewable energy, raising questions about its commitment to addressing climate change. What are your thoughts on Shell’s approach? #Shell #OilandGas #JobCuts #ClimateChange #EnergySector

?? Exciting news for our LinkedIn community! BP has announced a decision to put its plans for wind farms on hold as the company redirects its focus to doubling down on fossil fuels. According to a report by This is Money, this shift in strategy reflects BP's commitment to leveraging its expertise and resources in the traditional energy sector. This bold move has sparked discussions around the future of renewable energy and the role of major players in the global energy landscape. As the industry evolves, it's crucial to stay informed and engaged in these pivotal developments that shape our energy future. Join the conversation by sharing your thoughts on the evolving energy industry, and let's explore the implications of this strategic shift. Together, we can gain valuable insights and perspectives on the path forward for sustainable and reliable energy solutions. #BP #EnergyTransition #FossilFuels https://ift.tt/AGoEpyP

Oil and Gas Titans Pledge ￡600,000 to Power Aberdeen's New Centre for Energy Transition Some of the world's largest oil and gas companies, including bp, Chevron, ExxonMobil, Equinor, Shell and TotalEnergies have collectively pledged ￡600,000 to a research initiative at University of Aberdeen. This ambitious project aims to fast-track the decarbonisation of the oil and gas sector while also paving the way for a broader transition to clean energy solutions. https://lnkd.in/ePVxFnhV #Investment #Energy #BP #Equinor #Shell #Skills #ExxonMobil #UniversityofAberdeen #OffshoreEnergiesUK #CentreforEnergyTransition #AberdeenEnergyTransition #UniversityOfAberdeenEnergyResearch #DecarbonisingOilAndGas #CleanEnergySolutions #FastTrackingDecarbonisation #BPCommitmentToTransition #ChevronTransitionPledge #ExxonMobilFundingResearch #EquinorSupportingUniversity #ShellBackingCleanProjects #TotalEnergiesInvestmentInFuture #PledgesPoweringChange #MillionsFundingFindings #ResearchDrivingDevelopment #InnovationAcceleratingAction #TransitionNeedsTransformation #CollaborationCreatingChange #PartnershipsPushingProgress #CommitmentsCountForClimate #FundingFuellingFindings #InvestmentsInspiringIdeas #SupportSparkingSolutions #DonationsDrivingDiscovery #GrantsGreasingGears #MoneyMovesMinds #CashCatalyzingCreativity #FinancingFosteringFuture #BackingBreedingBrilliance #ResourcesRealizingResults #CapitalCreatingCures

Reducing the carbon intensity of fuels used in the transportation industry has gained a lot of attention in recent years due to changing environmental regulations and pressure from supply chain partners. Download this free white paper in partnership with Chevron Renewable Energy Group now! https://bit.ly/3y3mYjM

Reducing the carbon intensity of fuels used in the transportation industry has gained a lot of attention in recent years due to changing environmental regulations and pressure from supply chain partners. Download this free white paper in partnership with Chevron Renewable Energy Group now! https://bit.ly/3y3mYjM

???? ?????????????? ????????????????, ?????????? 2030 ???????????????????? ?????? ?????????? In a strategic pivot, bp has abandoned its ambitious target to cut oil and gas output by 25% by 2030, a plan set initially to balance energy production with rapid renewable growth. Under CEO Murray Auchincloss, who assumed leadership this January, BP aims to regain investor confidence by focusing on profitability and robust investments in oil and gas, particularly in the Middle East and the Gulf of Mexico. BP is committed to achieving net-zero emissions by 2050 despite distancing from earlier transition goals. The company plans to unveil further details of its revised strategy at an upcoming investor day in February. This shift reflects a broader industry trend, with competitors like Shell reevaluating their transition strategies amidst growing concerns over European energy security. #EnergySector #OilAndGas #CorporateStrategy #Sustainability #InvestorRelations https://lnkd.in/gwnDRk-f

BP’s recent decision to abandon its plan to cut oil and gas output by 2030 marks a significant shift in its energy transition strategy. CEO Murray Auchincloss aims to boost investor confidence and shore up BP’s share price by focusing more on traditional oil and gas investments. This move includes pausing investments in wind and biofuel and reducing low-carbon hydrogen projects by two-thirds. Initially, BP had set an ambitious target to cut oil and gas output by 40% by 2030, which was later revised to a 25% reduction. Despite these changes, BP maintains its commitment to achieving net zero emissions by 2050. This strategic pivot aligns BP more closely with its rival Shell, which has also scaled back its energy transition efforts under new leadership. Both companies are now focusing on more immediate returns from oil and gas investments, particularly in regions like the Middle East and the Gulf of Mexico. While this decision may bolster investor confidence in the short term, it raises questions about the long-term sustainability and environmental impact of such a strategy. Critics argue that prioritizing profits over sustainability could undermine global efforts to combat climate change. What are your thoughts on BP’s shift in strategy? Do you think this approach will pay off for the company in the long run, or could it face backlash from environmental advocates and investors focused on sustainability?

Reducing carbon intensity of fuels used in the transportation industry has gained a lot of attention in recent years due to changing environmental regulations and pressure from supply chain partners. Download this free white paper in partnership with Chevron Renewable Energy Group now! https://bit.ly/3y3mYjM