Technology plays an important role in helping Chevron to deliver the energy the world needs.
Chevron has three technology companies that support our businesses: Energy Technology Company, Chevron Technology Ventures and Information Technology Company.
The work that these companies do is integrated across Chevron, ensuring a strong bond between our technology and our business strategy.
Our 2009 Achievements
- Chevron implemented a next-generation earth-modeling and interpretation platform called Intersect that is expected to significantly improve exploration and production efficiencies over the next 10 to 15 years.
- Chevron deployed a new reservoir simulator at several of the company's producing fields that cuts assessment time, processes many scenarios and improves recovery efficiency.
- We installed a secure wireless mesh network at our Richmond, Calif., refinery, which enables more process data, such as temperature and pressure, to be collected at half the cost of wired devices.
- We completed equity investments and research agreements with biotechnology companies for evaluation of potential biofuels feedstocks and conversion technologies to advance our goal to develop nonfood renewable transportation fuels.
- Chevron began construction on a solar-to-steam demonstration project in San Joaquin Valley, Calif., and a 1-megawatt solar photovoltaic installation on the site of a former refinery in Bakersfield, Calif. The Bakersfield project is expected to be completed in the second quarter 2010, the solar-to-steam project in 2011.
Learn More About Chevron's Technology Efforts
Updated: March 2010