Like its rival ExxonMobil, the second-largest US oil company Chevron Corporation intends to be a leader in advancing a lower carbon future. To achieve its 2030 growth targets, which include growing natural gas production to 40,000m Btu/d, raising renewable fuels production capacity to 100,000 b/d and increasing hydrogen production to 150,000 t/y, Chevron expects to invest more than $10bn between now and 2028.
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