Chevron Singapore growing its green exposure through partnerships

Singapore

SHARES of oil majors have been on the rebound this year as oil prices climb, but companies are still signalling a continued shift towards greener energy sources as investor pressure grows.

Law Tat Win, Singapore country chairman, Chevron, says it is growing its green exposure through partnerships. "The reality is that our energy mix is going to change. Oil and gas will still be an important part of our energy mix, but our belief is that the energy industry is going to be one of lower carbon," he said.