Chevron is the largest company in California and a key player in the state's economy.
We're a global energy leader and the only integrated oil and gas company headquartered in California. We produce oil and natural gas and refine, market and distribute transportation fuels and lubricants.
Chevron is the state's top oil producer, and most of the oil we produce here stays in California. Our refineries in Richmond and El Segundo have been in continuous operation for more than 100 years. They produce some of the cleanest-burning gasoline in the United States and fuel approximately one in every five vehicles in California.
In 2007, the company's total economic output in the state was an estimated $9.2 billion. Chevron's business activity generates about $4.5 billion of that, the remaining $4.7 billion results from our support for suppliers and other businesses. Since 2010, we've spent $1.198 billion with California small businesses—28 percent of which has been with women- and minority-owned enterprises.
Chevron's economic contributions go far beyond our core business. Chevron indirectly supports nearly 60,000 jobs in addition to those held by our 10,000 employees. That's approximately one in every 200 California jobs.
Technology plays an important role in helping Chevron deliver energy around the world. Our company Chevron Technology Ventures (CTV), identifies, acquires and tests emerging technologies and helps integrate them into our business. Our investments range from providing early-stage seed money to offering capital for full-scale commercialization. Since 2000, CTV has invested more than $200 million in emerging technology companies, many of them based in California.