Chevron CEO Wirth Sees Energy Demand Returning in 2021
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Business, Engineering
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University
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Practice Problem
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Hard
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The transcript discusses the impact of COVID-19 on demand and prices, highlighting the imbalance between supply and demand. It covers Chevron's reinvestment strategies, including a deal with Noble Energy, and emphasizes disciplined capital spending. The discussion extends to opportunities in asset management, focusing on the Permian Basin and projects in Kazakhstan and the Gulf of Mexico. The future of oil demand is explored, considering global population growth and energy needs. Finally, Chevron's energy evolution is addressed, noting its involvement in renewables and other technologies while maintaining a focus on fossil fuels.
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3 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
What is your perspective on the concept of peak oil demand?
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the company plan to evolve beyond fossil fuels?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What unique capabilities does the company bring to new energy technologies?
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