| Bringing Advanced
Technology to Market
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Chevron Technology Ventures identifies new technologies
and business opportunities that could create value for Chevron.
We then invest in those that promise to be technically and
commercially viable, and offer a clear competitive advantage
and superior financial returns. |
Our venture investments offer Chevron the opportunity to
develop new products and services. We also apply new technologies
to enhance operational efficiencies in areas such as oil exploration
and refining. We strive to commercialize those technologies that
continue to show potential for substantial, long-term growth.
We also develop technologies that will help create whole new energy
systems. Many of these new systems offer significant environmental
benefits and will likely play an increasingly important role in
the world’s energy mix.
Chevron Technology Ventures develops and commercializes these
innovative technologies both internally and through strategic partnerships.
Promising New Energy Systems
We are focused on developing technology to foster the use of hydrogen-powered
fuel cells, which represent a promising new energy resource. Chevron
is a leader in developing fuel processing systems for fuel cells
— an enabling technology essential to the commercialization
of fuel cell systems.
We are also developing and commercializing new technologies in:
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