From molecule to market: natural gas a platform for progress
Jul 21, 2025
As the world accelerates toward a lower carbon future, the energy transition is often framed as a binary choice – between the fuels of today and the technologies of tomorrow. The reality is more complex. The world needs energy that is not only lower carbon, but also reliable, affordable, and scalable. That’s where natural gas, and particularly liquefied natural gas (LNG), emerges not just as a bridge, but as a platform for progress.
At Chevron, we see natural gas as a key enabler of the energy system of today and tomorrow. It is a flexible, lower carbon-intensive fuel that complements renewables, powers industry, and enhances energy security. And it’s abundant and adaptable.
Meeting demand responsibly, globally
Global energy demand is expected to rise through 2050, driven by economic growth, industrialisation, the increasing energy needs of artificial intelligence and data infrastructure, and the need to displace higher-emission fuels.
Chevron is responding by expanding our global gas business. This growth is underpinned by a world-class portfolio of assets including the Chevron-operated Gorgon and Wheatstone facilities in Asia Pacific, our Eastern Mediterranean assets, the Permian Basin and our expanding presence along the US Gulf Coast. These strategically positioned assets are built on decades of operational excellence and trusted, long-standing partnerships. Our globally integrated supply network connects them to markets worldwide, enhancing flexibility, reliability and value to meet evolving customer needs across Asia, Europe, and beyond.
Enabling energy security
Recent years have underscored the importance of resilient, diversified energy supply chains. US LNG exports have become a cornerstone of trans-Atlantic energy cooperation. Chevron is contracted to export 7 million tonnes of LNG annually from the US Gulf Coast – enough to power a US city of more than three million people.
This flexibility allows us to respond to global market needs in both Europe and Asia, providing reliable supply while advancing the world’s lower carbon ambitions.
Advancing lower carbon solutions
Natural gas is also central to Chevron’s lower carbon strategy. We are reducing methane intensity across our upstream oil and gas operations - down more than 50% since 2016 and designing our developments with no routine flaring. We’re also investing in carbon capture and storage (CCS), hydrogen, power generation for data centers, and renewable fuels.
For example, our Bayou Bend CCS project in the US holds over 140,000 acres for CO₂ storage potential, and our ACES Delta hydrogen project in Utah is expected to begin operations in 2025. These initiatives are integral to how we deliver lower carbon energy solutions.
We are also embedding digital technologies across our operations – from predictive maintenance and emissions monitoring to AI-driven processes to enhance transparency, efficiency and improve decision-making.
The future of energy is not only about lower carbon – it’s about intelligence, speed and seamless global integration.
Collaboration drives progress
Our path forward must be inclusive, pragmatic, and grounded in real-world needs. No single company or country can solve the energy trilemma – affordability, reliability, and sustainability - alone. We are working across the value chain with governments, customers, industry peers and technology partners to scale solutions that work.
We’re engaging in policy dialogues to help shape practical and robust frameworks that support investment in both today’s infrastructure and tomorrow’s innovations.
Together, we’re building the partnerships and systems needed to meet rising global demand while advancing a lower-carbon, more resilient energy future.
Natural gas is a long-term enabler of progress. Chevron is proud to be a partner of choice - delivering the energy the world needs today, while helping to shape the system that will fuel tomorrow.
At Gastech 2025, we look forward to engaging with partners, customers, policymakers, and innovators to accelerate progress – together.
Energy Connects includes information by a variety of sources, such as contributing experts, external journalists and comments from attendees of our events, which may contain personal opinion of others. All opinions expressed are solely the views of the author(s) and do not necessarily reflect the opinions of Energy Connects, dmg events, its parent company DMGT or any affiliates of the same.
