Chevron’s 2025 Q2 results show record output and progress in renewable diesel, lithium extraction and LNG expansion, advancing its lower-carbon strategy
Chevron Corporation’s Q2 2025 results highlight not only record oil and gas production but also clear steps towards lowering the carbon intensity of its operations and building a more sustainable energy portfolio.
While the company reported earnings of US$2.5bn compared to US$4.4bn in the same quarter last year, the period was defined by strategic investments in cleaner energy and diversification into new markets.
Renewable fuels and low carbon operations
One of the most significant sustainability milestones was the start of production at Chevron’s renewable diesel plant in Geismar, Louisiana.
Following a capacity upgrade, the facility increased output from 7,000 to 22,000 barrels per day, positioning it as a cornerstone of Chevron’s growing renewable fuels business.
Alongside renewable diesel, Chevron continues to pursue carbon capture and offsets, hydrogen and lower-carbon power generation.
These are part of a wider strategy to reduce the carbon intensity of its energy mix while maintaining reliable supply.
“Second quarter results reflect continued strong execution, record production and exceptional cash generation,” says Mike Wirth, Chevron’s Chairman and CEO.
By: Chloe Williment / August 21, 2025
