1、powering the future2024 annual reportour strategychevrons strategy is to leverage our strengths to safely deliver lower carbon energy to a growing worldOur objective is to safely deliver higher returns,lower carbon and superior shareholder value in any business environment.We are leveraging our capa
2、bilities,assets and customer relationships as we aim to lead in lower carbon intensity oil,products and natural gas,as well as advance new products and solutions that reduce the carbon emissions of major industries.We aim to grow our oil and gas business,lower the carbon intensity of our operations
3、and grow new businesses in renewable fuels,carbon capture and offsets,hydrogen,power generation for data centers,and emerging technologies.delivering results in the gulfWe believe affordable,reliable and ever-cleaner energy is essential to enabling human progress.Formorethan85 years,Chevron and our
4、legacy companies have been developing the oil and gas resourcesoftheGulf ofAmerica.In fact,Chevron is one of the leading producers in the Gulf of America,where we operate some of the worlds lowest carbon intensity oil and gas assets.Our deepwater platforms Anchor,Big Foot,Blind Faith,Petronius,Jack/
5、St.Malo,and Tahiti are marvels of engineering.Tahiti alone has produced more than 500 million barrels of oil-equivalent since it started production in 2009.In 2024,we achieved another groundbreaking milestone with first oil from Anchor,our newest platform in the gulf.This state-of-the-art facility m
6、arks the first delivery of deepwater high-pressure technology,capable of safely operating at up to 20,000 pounds per square inch,with reservoir depths some 34,000 feet below sea level.Our operated and nonoperated facilities in the Gulf of America are projected to reach a combined net productionof 30