Oil May Not Be Chevron’s Largest Business In 20 Years ...Middle East

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Oil May Not Be Chevron’s Largest Business In 20 Years
source : OILPRICE ( Middle East ) () 17
While oil and gas will certainly be needed for decades to come, the oil and gas division may not be Chevron’s top business in 20 years, although it will still be a very big part of the U.S. supermajor’s operations, chief executive Michael Wirth told CNN Business in an interview published on Monday. Big Oil, especially the European majors, have rushed to announce increased investments in renewable energy, and some even plan to reduce their overall oil and gas production. BP, for example, said last year that it would boost its investment…

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