Loading...
Loading...
Chevron to grow hydrogen production to 150,000 tonnes per year by 2030

Chevron to grow hydrogen production to 150,000 tonnes per year by 2030

Chevron today (Sep 14) announced plans to grow its hydrogen production to 150,000 tonnes per year by 2030 as part of a tripled $10bn low-carbon investment.

America’s second largest oil company said the hydrogen produced would be supplied to industrial, power and heavy-duty transport customers.

The move is part of Chevron’s plans to grow its lower carbon energy businesses, which also includes increasing its renewable natural gas and renewable fuels production capacity, as well as raising carbon capture and offsets.

The company said it expects to invest more than $10bn between now and 2028, including $2bn to lower the carbon intensity of Chevron’s operations – triple the company’s previous stated $3bn.

... to continue reading you must be subscribed

Subscribe Today

To gain access to this article and all our other content, you will need to subscribe to H2 View.

From the latest print editions, to 24/7 online access to exclusive interviews, authoritative columnists and the H2 View news archive, a subscription is the best way for you to stay up to date with developments in the hydrogen community.

Please wait...