Chevron

Chevron Corporation is an integrated energy and technology company that focuses on providing affordable, reliable, and cleaner energy solutions to support human progress. The company engages in various sectors, including oil and gas, emerging energy technologies, advanced materials, and information technology. Chevron Technology Ventures, its venture capital arm, plays a crucial role in identifying and investing in innovative technologies that can enhance the company's operations and reduce costs. This division targets investments across various stages of development, from early-stage start-ups to established ventures, concentrating on areas such as hydrogen infrastructure, renewable energy, advanced battery systems, and nanomaterials. By fostering innovation and integrating new technologies, Chevron aims to create commercial opportunities and improve performance within its core business operations. The company is headquartered in San Ramon, California, with additional offices in Houston, Texas.

Kemal Anbarci

Vice President and Managing Executive

Paul Bennett

Vice President and Treasurer

Chevron Equipment Finance

Finance Broker

Jim Gable

President

Bob Grazer

Venture Executive - Chevron Technology Ventures

Bruce L. Niemeyer

Vice President, Strategic Planning

Rich Pardoe

Venture Principal

Michael K. Wirth

Chairman of the Board of Directors and CEO

Past deals in Fossil fuels

Malta

Venture Round in 2023
Malta is a provider of industrial-grade, grid-scale energy storage solutions. The Malta system collects and stores inexpensive and abundant renewable and fossil energy, and dispatches it as needed to the grid to enable the affordable and reliable delivery of electricity on demand. Incubated at X, the Moonshot Factory (formerly Google [x]), and funded by leading venture capital and commercial power industry companies

PDC Energy

Acquisition in 2023
The Company places a strong emphasis on organic growth through active horizontal drilling programs. PDC's operations include exploration, development, production and marketing of oil and natural gas. Total 2012 net production for the Company consisted of 65% natural gas, most of which was derived from the Colorado region, and 35% crude oil and NGLs. The Company, however, expects 2013 production to consist of 54% crude oil and NGLs, and 46% natural gas.

Malta

Series B in 2021
Malta is a provider of industrial-grade, grid-scale energy storage solutions. The Malta system collects and stores inexpensive and abundant renewable and fossil energy, and dispatches it as needed to the grid to enable the affordable and reliable delivery of electricity on demand. Incubated at X, the Moonshot Factory (formerly Google [x]), and funded by leading venture capital and commercial power industry companies

Texaco

Acquisition in 2000
Texaco, founded in 1901 in Spindletop, Texas, has evolved into a globally recognized brand in the petroleum industry. Initially marked by the discovery of oil by "Buckskin Joe" Cullinan, Texaco has since established itself as a significant distributor of petroleum products, including gasoline, through its extensive network of gas stations. The brand is noted for its innovative offerings, such as Texaco Fire Chief Gasoline, and has become a staple of American culture, with memorable marketing campaigns and endorsements that resonate with consumers. Committed to quality and performance, Texaco's products, bolstered by technologies like Techron, emphasize cleaning power and efficiency. The Texaco Star, its iconic symbol, remains a familiar sight for motorists across the country, reinforcing the brand's legacy while looking toward the future.
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