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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