Sustainability and Environment
Chevron, Gevo Mull Deal to Boost SAF Production
A letter of intent between Chevron and Gevo would see the two companies partner to increase the supply of sustainable aviation fuel.
If a partnership between petroleum giant Chevron and sustainable fuel producer Gevo is approved, one or more new renewable fuel refineries will be built, with a goal of producing SAF by 2025. (Photo: Gevo)
If a partnership between petroleum giant Chevron and sustainable fuel producer Gevo is approved, one or more new renewable fuel refineries will be built, with a goal of producing SAF by 2025. (Photo: Gevo)

Petroleum fuel provider Chevron has signed a letter of intent with renewable fuel producer Gevo that would see the two companies partner to increase the supply of sustainable aviation fuel (SAF). Under the proposed deal, Chevron will invest in the development of one or more production facilities that would be operated by Gevo, using its proprietary technology to produce SAF and renewable blending components for motor gasoline.