U.S.-based Chevron Corp. will soon be the majority owner of what will be the world’s largest hydrogen production and storage facility as it branches out past fossil fuels. Chevron New Energies—a division of Chevron that has a goal of “helping customers meet their lower carbon ambitions and reduce the carbon intensity of our operations”--purchased a 78% stake in a hydrogen production and storage project in Utah from a private equity firm, Chevron said on Tuesday in a press release.
Chevron completed a deal with Haddington…Chevron To Be Majority Owner Of World's Largest Hydrogen Production Facility
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