新闻稿雪佛龙和Gevo宣布有意寻求可持续航空燃料投资

加州圣拉蒙/科罗拉多州恩格尔伍德， 九月9日, 2021 —— 雪佛龙 美国Inc .)的子公司雪佛龙公司(纽约证券交易betwayapp下载所代码:CVX)和Gevo, Inc .(纳斯达克:Gevo公司)今天宣布一份意向书  共同投资建造和运营一个或多个新设施将 过程不可食用的玉米生产可持续的航空燃料,它可以降低燃料的生命周期碳排放强度在航空工业中使用。这些新设施还将生产蛋白质和玉米油。

通过拟议中的合作，Gevo将运营 其专利技术，生产可持续航空燃料和汽车汽油的可再生混合组件，以降低其生命周期的碳强度。必威体育APP官网除了与Gevo共同投资一个或多个项目外，雪佛龙还有权每年向 市场向客户供应约1.5亿加仑原油。  

雪佛龙下游化学品执行副总裁Mark Nelson表示:“雪佛龙正在为我们的客户提供下一代可再生燃料，帮助他们降低总体碳足迹。”“这一潜在投资利用了Gevo生产可持续航空燃料的创新方法，补充了我们正在进行的其他可再生燃料投资，这是我们高回报、低碳战略的一部分。”

“我们很高兴与雪佛龙合作，雪佛龙愿意共同投资建设Gevo的产能，以生产可用于现有设备和发动机的可再生、高性能碳氢化合物。雪佛龙得天独厚的市场地位将使其能够从该合资企业获得产量，帮助航空公司客户获得可持续航空燃料。”Gevo首席执行官Patrick Gruber博士评论道。

拟议中的投资将取决于与常规成交条件(包括监管部门的批准)达成的最终协议的谈判。 关于Gevo与雪佛龙美国公司之间意向书的进一步信息，请参阅Gevo于2021年9月9日向美国证券交易委员会提交的当前报告8-K表。

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联系人

泰勒Kruzich,雪佛龙公司
电话:925-549-8686
电子邮件: tkruzich@chevron.com

Gevo公司投资者和媒体联系
电话:(720)647 - 9605
电子邮件：IR@gevo.com

对雪佛龙

雪佛龙是世界领先的综合能源公司之一。我们相信，负担得起的、可靠的和越来越清洁的能源对实现一个更加繁荣和可持续的世界至关重要。雪佛龙生产原油和天然气;生产运输燃料、润滑油、石化产品和添加剂;并开发技术来增强我们的业务和 这个行业。为了推进一个低碳的未来，我们专注于低成本有效地降低我们的碳强度，增加可再生能源和补偿，以支持我们的业务，并投资低碳技术，使商业解决方案成为可能。有关雪佛龙的更多信息，请访问 m.hnhanxing.com。

关于Gevo公司，公司

Gevo的使命是将可再生能源和碳转化为能量密集的液态碳氢化合物。这些液态碳氢化合物可用于替代运输燃料，如汽油、航空燃料和柴油，当燃烧时，在产品的整个生命周期内都有可能产生净零温室气体排放。公司以低碳可再生资源型碳水化合物为原料，在生产过程中开发可再生电力和可再生天然气方面处于先进水平，由此产生的低碳燃料大大降低了碳强度(即与标准的石油化石燃料相比，其整个生命周期的温室气体排放水平)。Gevo的产品在基础设施和发动机方面的表现与传统化石燃料一样好，甚至更好，但温室气体排放大幅减少。除了解决燃料问题，Gevo的技术还使某些塑料，如聚酯，可以用更可持续的成分制成。必威体育APP官网Gevo能否渗透到不断增长的低碳燃料市场，取决于石油价格和减少碳排放的价值，否则会增加温室气体排放。Gevo公司相信其证明,专利技术使各种低碳可持续的使用原料生产价格竞争力的低碳产必威体育APP官网品,如汽油组分,喷气燃料和柴油产量可能产生的建设项目和企业收益,证明一个数十亿美元的业务。

Gevo公司认为，美国阿贡国家实验室GREET模型是基于科学的测量的生命周期清单或LCI的最好的标准。了解更多信息，Gevo公司的网站： www.gevo.com

警戒报表的相关TO前瞻性信息FOR私人证券诉讼改革的“安全港”条文的目的，1995年法案

本新闻稿基于管理层对石油、化工和其他能源相关行业的当前预期、估计和预测，包含了与雪佛龙业务有关的前瞻性陈述。单词或短语如“预期”、“期望”、“打算”、“计划”、“目标”、“进展”、“承诺”、“驱动”、“目标”、“相信”、“方法”、“寻求”、“时间表”、“估计”、“职位”、“追求”、“可能”、“可以”、“可能”、“应该”、“将”、“预算”、“展望”、“趋势”、“指导”、“焦点”、“在轨道上”、“目标”、“目标”、“战略”、“机会”、“泰然自若”、“潜力”以及类似的表述旨在识别这些前瞻性陈述。这些报表并不是未来业绩的保证，而且受到某些风险、不确定性和其他因素的影响，其中许多是公司无法控制的，难以预测。因此，实际的结果和结果可能与这些前瞻性陈述中所表达或预测的内容有很大的不同。读者不应过分依赖这些前瞻性陈述，它们仅在本新闻稿发布之日发表。除非法律要求，雪佛龙没有义务公开更新任何前瞻性陈述，无论是由于新信息、未来事件或其他原因。

可能导致实际结果与前瞻性陈述存在重大差异的重要因素包括:原油和天然气价格和对我们产品的需求的变化，以及由于市场条件而减产;原油生产配额或石油输出国组织和其他产油国可能实施的其他行动;公共卫生危机，如大流行(包括冠状病毒(COVID-19))和流行病，以及任何相关的政府政策和行动;公司经营所在国不断变化的经济、监管和政治环境;国内外经济政治概况;炼油、营销和化学品利润的变化;公司实现与企业转型计划相关的预期成本节约、支出减少和效率的能力;竞争对手或监管机构的行为;勘探费用的时间安排;原油举升的时机; the competitiveness of alternate-energy sources or product substitutes; technological developments; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during extended periods of low prices for crude oil and natural gas during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company's ability to achieve the anticipated benefits from the acquisition of Noble Energy, Inc.; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to pay future dividends; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 18 through 23 of the company's 2020 Annual Report on Form 10-K and in other subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.

前瞻性陈述关于Gevo公司，公司

本新闻稿中的某些陈述可能构成“前瞻性声明” 1995年私人证券诉讼改革法案所界定这些前瞻性陈述涉及各种事项有关之内Gevo公司，Inc.（简称“Gevo公司”），包括, without limitation, statements related to expectations of the agreements between Gevo and Chevron, the potential investment in Gevo’s projects, and the volume of sustainable aviation fuel to be produced under the agreement, Gevo’s technology, Gevo’s products, and other statements that are not purely statements of historical fact. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2020, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.