C1249a

Chevron Technology Ventures identifies new technologies and business opportunities that can create value for Chevron. It invests in those that promise to be technically and commercially viable and offer a competitive advantage and financial returns. The company s venture investments offer Chevron opportunities to develop new products and services and apply new technologies to enhance operations in oil exploration and refining. Chevron Technology Ventures also develop technologies for new energy systems. It develops and commercializes innovative technologies internally and with strategic partnerships. The company seeks investment opportunities in a range of technologies, including information technology, intelligent devices, fuel processing and hydrogen infrastructure, renewable energy, hydrocarbon processing and catalysis.