Chevron New Energies aims to help decarbonise the firm’s portfolio
Chevron eyes energy transition
Chevron New Energies will help the firm decarbonise and develop new lines of business to accelerate the transition, incoming vice-president of hydrogen tells Hydrogen Economist
Chevron New Energies was established last year to help the firm achieve its goals of cutting 30mn t CO₂ from its operations by 2028 using renewable fuels, hydrogen and carbon capture, utilisation and storage (CCUS) technologies. Chevron will aim to grow low-carbon hydrogen production to 150,000t/yr by 2030 to supply industrial, power and heavy-duty transport customers with a mixture of blue and green forms of the fuel. The firm produces 1mn t/yr of grey hydrogen. Hydrogen Economist talks to Austin Knight, incoming vice-president of hydrogen at Chevron New Energies, about his new role. Austin Knight, Chevron New Energies Can you describe
Also in this section
25 March 2026
The Middle East energy shock has highlighted the value of France’s unique potential to deploy nuclear-powered electrolysers
18 March 2026
The second fossil-fuel price shock in four years can be a much-needed catalyst for investment in the sector
9 March 2026
Hydrogen has not stalled in the UK because the technology does not work. The problem is that the system around it does not yet move at the speed required
4 March 2026
Turmoil in Middle East reminds nascent clean hydrogen sector that its future prospects are dependent on global energy markets and geopolitics
