Post Tagged with: "Tim Wirth"

Source: CNBC

Chevron CEO explains why the oil giant’s lower-carbon investments look past wind and solar energy

CNBC


Chevron Chairman and CEO Mike Wirth told CNBC on Wednesday the oil company’s lower-carbon investments focus on areas such as renewable natural gas and hydrogen because it sees significant potential to create shareholder value.

“One of the things we’ve …

Source: CNBC

Chevron CEO says the dividend is the company’s No. 1 priority and is ‘very secure’

CNBC


Chevron shares surged Tuesday after the company announced cost-cutting measures, but promised not to slash its dividend despite mounting pressure from falling crude prices.

“Our dividend is our number one priority and it’s very secure,” Chevron CEO Michael Wirth …

Source: CNBC

We may not see $100 oil ‘for a long time,’ says Chevron CEO

CNBC


Chevron CEO Michael Wirth told CNBC on Thursday that oil prices may not reach $100 for a “long time” thanks to the boom in U.S. shale production.

“Oil markets have really changed over the last decade or so,” Wirth …