Chevron believes in the value of delivering large-scale hydrogen solutions that support a lower carbon world. We aim to deliver lower carbon energy to a growing world by creating a profitable, large-scale, lower carbon hydrogen business that builds on our existing assets, capabilities, and customers. We’re well positioned to participate across the value chain to supply industrial, power and heavy-duty transportation customers.

Chevron currently produces approximately 1 million tonnes per year of hydrogen through our traditional business and has experience in retail hydrogen going back to 2005. Chevron holds more than 75 patents from early commercial ventures that are applicable to our future development plans. We produce approximately 1 million tonnes of hydrogen per year for use in our refining operations. Further, we have the potential to supply and sell hydrogen to customers from our existing refineries by leveraging our distribution capabilities, sales channels and brands. We are currently building hydrogen fueling stations at select locations.

We’re exploring profitable opportunities for growth across the value chain, from upstream production through distribution into transportation, power generation and other industrial sectors. We are also evaluating using hydrogen as an alternative for industries dependent on combustible fuels and assessing development of hydrogen production hubs. And, we are leveraging our capabilities in carbon capture, utilization, and storage to unlock market opportunities for hydrogen solutions.