Chevron Donates $1 Million to the Smithsonian’s National Museum of African American History and Culture

Chevron Corporation has announced a donation of $1 million to the Smithsonian’s National Museum of African American History and Culture in Washington, D.C. With the donation, Chevron joins with nearly 50 U.S. companies on the Museum’s Corporate Leadership Council. “We’re proud to support the National Museum of African American History and Culture and the stories they share on what it means to be African American,” said Rhonda Morris, chief human resources officer for Chevron. “Chevron has an enduring legacy of valuing diversity and inclusion and we are honored to help…

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Chevron, Gevo Announce Intent to Pursue Sustainable Aviation Fuel Investment

Chevron U.S.A. Inc., a subsidiary of Chevron Corporation, and Gevo, Inc. have announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel, which can lower the lifecycle carbon intensity of fuels used in the aviation industry. The new facilities would also produce proteins and corn oil. Through the proposed collaboration, Gevo would operate its proprietary technology to produce sustainable aviation fuel and renewable blending components for motor gasoline to lower its lifecycle carbon intensity. In addition to co-investing…

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Chevron Reinforces Plan to Deliver Higher Returns, Lower Carbon

At its annual investor meeting, Chevron Corporation announced plans to increase return on capital employed and lower carbon intensity to enable superior distributions to shareholders. “Chevron’s message to investors is summarized in four words – higher returns, lower carbon,” said Michael Wirth, Chevron’s chairman and CEO. “We’re building on our track record of capital and cost discipline to deliver higher returns. And we’re taking action to advance a lower carbon future.” Higher Returns Chevron will continue to drive a disciplined capital and cost program to deliver higher returns for shareholders.…

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