Chevron pursues opportunities in emerging biofuels sector

By | August 01, 2006
Following an announcement in May of the formation of a biofuels division, Chevron announced that was indeed exploring investment opportunities in the ethanol industry. "We are looking at several opportunities in the biofuels sector, and that may include ethanol production and distribution," Leif Sollid of Chevron told EPM. "But we have not invested in any ethanol plants, and no specific plans have been announced."