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StockWatch: Chevron Ramps up Low-Carbon Push!

Name: StockWatch: Chevron Ramps up Low-Carbon Push!
Uploaded: 2021-09-16
Channel: David Kindley
Description: Chevron is taking steps to diversify its business away from fossil fuels as concerns about the climate crisis grow.In fact, the company announced that it will spend $10 billion until 2028 on low-carbon energy sources like renewable diesel fuel and hy

By David Kindley Last updated Feb 4, 2026 297 0

Chevron is taking steps to diversify its business away from fossil fuels as concerns about the climate crisis grow.

In fact, the company announced that it will spend $10 billion until 2028 on low-carbon energy sources like renewable diesel fuel and hydrogen.

ExxonMobil announced the discovery of oil near Venezuela.

The company will begin production in early 2022, with a capacity to produce approximately 220,000 barrels of oil per day.

Timestamps:

CVX 01:50
XOM 03:15

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David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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