The project is part of an audacious plan to create hydrogen, which produces no carbon dioxide when burned, and store it in caverns until electricity is needed.
Tag: Chevron Corporation
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In a Warming World, Clean Energy Stocks Fall While Oil Prospers
The market is focused on making money now and isn’t heeding urgent warnings about climate change, our columnist says.
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Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International Energy Agency’s predictions of declining oil demand are wrong.
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Clean Energy’s Powerful Momentum
Peak fossil fuel use may be only a few years away.
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Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal
The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels.