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01/24/2025

📈 Tengizchevroil (TCO) has started oil production at the Future Growth Project (FGP) at the Tengiz oil field in Kazakhstan.

Did you know that Tengiz is the world’s deepest-producing oil field and the largest single-trap producing reservoir? That covers a surface area more than 4 times the size of Paris, France. The FGP expansion at Tengiz aims to increase oil production by 260,000 barrels per day.

This marks the latest in recent milestones, including the Gulf of Mexico and the Permian, that are expected to boost free cash flow to our company and deliver value for our shareholders.

TCO is expected to generate:
↳ 2025: $4 billion of free cash flow
↳ 2026: $5 billion of free cash flow, at $60 Brent

Read more: https://chevron.co/fb-fgp-first-oil

01/22/2025

Chevron Chairman and CEO Mike Wirth appeared on CNBC Power Lunch with Brian Sullivan.

They discussed current and future energy needs and how Chevron uses a mix of energy solutions to meet global energy demand. Watch: https://chevron.co/fb-MKW-at-CNBC

01/17/2025

Many forms of energy will be needed to meet the world's growing energy demand.

Jeff Gustavson, president of Chevron New Energies joined Reuters NEXT last month to discuss the future of the energy system and how we will shift to lower carbon solutions. Learn more here: https://chevron.co/fb-Reuters-2024-JG

01/16/2025

Innovation offers multiple pathways to lowering carbon intensity.

Last month, Jim Gable, VP of innovation and president of Chevron Technology Ventures was at Reuters NEXT, discussing how we can use our resources, expertise and infrastructure to bring new technologies to market. Learn more here: https://chevron.co/fb-Reuters-2024

01/10/2025

📢 Announcing: Chevron and Shell (operator) have started oil production from the Whale semi-submersible platform in the deepwater U.S. Gulf of Mexico.

Leveraging a simplified, cost-efficient design model, Whale is our latest project to come online in the Gulf as we advance toward our goal of 300,000 net barrels of oil equivalent per day by 2026. Learn more: https://chevron.co/fb-whale-facility

01/08/2025

The Chevron Fab STEM Fellowship is designed to help educators learn and co-create new STEM education practices. Pieter Verduijn is a STEM teacher and EdTech coordinator, who was awarded the fellowship. Learn more here: https://chevron.co/fb-fab-labs

01/06/2025

When it comes to reducing methane emissions, operations advisor Zach Yearous has found a solution.

Having grown up near Colorado's DJ Basin, he considers the state home and feels a personal responsibility to take care of it. Learn more: https://chevron.co/fb-reducing-emissions

01/02/2025

We've seen significant potential across sub-Saharan Africa.

Through reshaping Angola's value chain in pursuit of growth potential, remaining committed to operations in Nigeria, and more we've been able to successfully navigate working in this region. Learn more: https://chevron.co/fb-gas-development

12/30/2024

“There can be no nobler nor more ambitious task…than to help shape a just and peaceful world that is truly humane.” President Carter

12/26/2024

A report found that U.S. holiday lights use about 6.63 billion kilowatt hours of electricity each year—enough to power all of Philadelphia’s homes for a year! 💡

Get more fun facts about the power behind the holiday season here: https://chevron.co/fb-energy-helps-power-season-2

12/23/2024

Energy is all around us during the holidays.

So, how much power would it take to get Santa’s gift-filled sleigh off the ground? 🎅 Students at University of Leicester calculated it—38 million newtons of thrust. Get more fun facts about the power behind the season here: https://chevron.co/fb-energy-helps-power-season-1

12/19/2024

AI is helping us boost profitability in the Permian Basin. By driving productivity, reducing cycle times, and investing in the best opportunities, AI is a valuable tool that helps support our long-term production plan in the Permian. Learn more here: https://chevron.co/fb-ai-boosts-permian-profitability

12/18/2024

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://chevron.co/fb-ceo-talks-growing-production

12/17/2024

Collaboration can help us work towards a lower carbon future.

Oil and Gas Climate Initiative (OGCI) 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://chevron.co/fb-satellite-monitoring-campaign

12/11/2024

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://chevron.co/fb-the-power-of-collaboration

12/10/2024

We're using new technologies to help reduce field cycle time, using data to identify the right fields to develop, at the right time.

➡ Learn more about how tech can be a game changer when it comes to cost, reliability and speed: https://chevron.co/fb-new-tech-speeds-offshore-development

12/09/2024

Renewable gasoline blends can be used in any gasoline-fueled vehicle on the road today. That's why we teamed up with Toyota to help lower the carbon intensity of some new vehicles. Learn more: https://chevron.co/fb-toyota-and-chevron-drive-progress

12/02/2024

The waters off the coast of Colombia are home to hundreds of thousands of acres of endangered coral reefs. A team of our volunteers are working with local organizations to help restore and protect these reefs. 👉 Learn more: https://chevron.co/restoring-colombias-coral-reefs-fb

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