Chevron has set a net-zero target for upstream emissions by 2050
Chevron ups investment in UK carbon capture developer
US oil major makes second investment in London-based modular carbon capture developer Carbon Clean
Chevron has increased its investment in Carbon Clean, a UK-based developer of modular carbon capture systems, which it initially backed in 2020. The latest investment, the value of which was not disclosed, includes an agreement to potentially develop a carbon capture pilot using Carbon Clean technology on a gas turbine in the San Joaquin Valley in California. “We look forward to partnering with Carbon Clean to help advance Chevron’s pursuit of lower-carbon solutions,” says Chris Powers, vice-president of carbon capture, utilisation, and storage (CCUS) at Chevron New Energies (CNE). “Chevron has a long history of supporting innovation. We strive to apply our internal capabilities and longstan
Also in this section
27 March 2025
Awards celebrate global innovation, leadership and achievement across the energy sector’s people, projects, technologies and companies.
20 March 2025
While advanced economies debate peak fossil fuel demand, billions of people still lack access to reliable and affordable energy, especially in the Global South
14 March 2025
Ignoring questions of sustainability will not make the problems they focus on go away
12 March 2025
Launch of credit trading scheme likely to slip into 2026 as government grapples with complex market design challenges
