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Chevron CEO: Why Fossil Fuels Still Matter in the Energy Transition

DeFi Daily News by DeFi Daily News
August 23, 2025
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Chevron CEO: Why Fossil Fuels Still Matter in the Energy Transition
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Chevron CEO Mike Wirth warns that the energy transition can’t move “too fast” away from fossil fuels. He says demand for oil will remain strong for decades, even as Chevron invests in hydrogen, renewable diesel, and natural gas to power the world — and its growing AI data centers.
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Tags: CEOChevronChevron Corp.clean energyDavid WestinenergyFossilFossil FuelsFuelsMatterMike WirthOilTransition
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