CVX Jun 2022 87.500 call
- Reuters
Saudi Aramco, Chevron chiefs see global oil demand recovery
Global demand for oil is likely to recover from the second half of the year and could reach 99 million barrels per day (bpd)in 2022, Amin Nasser said at IHS Markit's online CERAWeek conference. Diesel demand has recovered globally due to door-to-door deliveries, though jet fuel lags as people avoid long flights, said Chevron CEO Michael Wirth, who spoke on a panel with Nasser. Oil demand improving in China, India and East Asia, with vaccine deployment as "cause for optimism" in the West, Nasser said.
- Zacks
Chevron (CVX) Investment Arm Launches $300M Venture Capital Fund
Chevron (CVX) venture capital arm Chevron Technology Ventures initiates a second Future Energy Fund of $300M to focus on low-carbon technologies and uphold innovations in industrial decarbonization.
- Business Wire
Chevron Invests in Geothermal Development Company
Chevron Corporation (NYSE: CVX) today announced an investment in Baseload Capital AB, a Sweden-based private investment company focused on development and operation of low-temperature geothermal and heat power assets.
