chevron CEO discusses the future of energy

Chevron Chairman and CEO Mike Wirth recently appeared on CNBC’s Power Lunch with Brian Sullivan. During their conversation, Wirth emphasized how Chevron considers the many big-picture factors that play into current and future energy needs—and what that means for energy production.

Chevron is working to make sure there is a reliable supply of energy to meet global demand, which is constantly rising due to factors like population growth and technological advancements.

In 2025, Chevron expects to reach 1 million barrels of oil equivalent production per day in the Permian basin, bring on additional projects in the U.S. Gulf of Mexico and achieve first oil at the Future Growth Project in Tengiz.

Learn more about how Chevron is supplying the world with reliable and affordable energy, even as the macro energy landscape evolves:

• Reliable power sources: Novel ideas and established companies are key to advancing lower carbon tech.
• Meeting commitments: The Anchor Platform is helping Chevron safely deliver more energy from the U.S. Gulf of Mexico, home to some of the world’s lowest carbon intensity oil and gas.
• Renewable energy: The Advanced Clean Energy Storage (ACES) project in Delta, Utah, will convert renewable energy to hydrogen and store it for later use.
• Technology and innovation: Balaji Krishnamurthy, vice president of Chevron Technical Center, recently spoke with ADIPEC News about technology and the energy transition.
• Permian production: AI is boosting profitability in the Permian Basin.

Watch the full Power Lunch interview.