Chevron's CEO talks renewables, lithium and COP28

 

  • “We've looked at ... adjacencies to our business, and lithium could be one of those,"  - Chevron CEO Mike Wirth

  •  Wirth shows no interest in wind and solar projects.This marks a strategic split between U.S. oil giants like Chevron and Exxon and European peers such as Shell and BP, who are more aggressively pursuing wind, solar, and power services.

  • Wirth backs efforts by Sultan Ahmed al-Jaber, leading COP28 talks, to involve the oil and gas industry more deeply in the climate process.

  • Chevron is evaluating its participation in al-Jaber's Global Decarbonization Alliance, aiming to expand climate commitments to various players in the industry.

  •  Chevron has been working with OpenAI on technologies for multiple years, leveraging large datasets on geological characteristics.

  • https://www.axios.com/2023/06/07/chevron-ceo-renewables-climate 


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