Deals Counterparts
C

Chevron New Energies

company 1 Deal 2 Partners

Chevron New Energies is a business unit of Chevron Corporation focused on developing and commercializing lower carbon solutions, including hydrogen, carbon capture, utilization and storage (CCUS), geothermal, and renewable fuels. It leverages Chevron's global presence and capital to advance energy transition technologies.

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Founded 2021 Parent: Chevron Corporation
Oil & Gas MajorDeveloperInvestorOperatorOfftaker

Strategic Overview

  • Focuses on commercializing lower carbon solutions by leveraging Chevron's existing assets, capabilities, and customer base.
  • Emphasizes strategic partnerships and investments in technology companies to accelerate the development and deployment of new energy solutions.
  • Key areas of focus include hydrogen, carbon capture, utilization and storage (CCUS), renewable fuels, and advanced geothermal technologies.

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Investment Focus

Technologies
Hydrogen1
Geography
United States1

Key People

Jeff Gustavson
President, Chevron New Energies

Track Record

3
Years Active

Detailed Analysis

Technologies
Carbon Capture, Utilization, and Storage (CCUS)Green HydrogenBlue HydrogenBiofuelsGeothermalEV ChargingSolar PVEnergy Storage
Geographies
USAAustraliaCanadaJapanSingaporeIndonesiaBrazilSouth Korea
Deal Stage
GreenfieldBrownfieldOperating

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