Chevron

Chevron Corporation is a leading integrated energy company involved in various aspects of the oil and gas industry, including exploration, production, refining, marketing, and chemicals manufacturing. Headquartered in San Ramon, California, the company operates globally, with significant production activities across North America, South America, Europe, Africa, Asia, and Australia. Chevron produces approximately 3.1 million barrels of oil equivalent per day, alongside refining capacity of 1.8 million barrels per day. The company markets fuels, lubricants, and petrochemical products under well-known brands such as Chevron, Texaco, and Caltex. Additionally, Chevron Technology Ventures serves as the company's venture capital arm, investing in early-stage companies and emerging technologies to enhance operational efficiency and foster future energy solutions, including renewable energy and advanced materials. Chevron is committed to developing technology for hydrogen-powered fuel cells and other sustainable energy resources while maintaining a strong focus on traditional oil and gas operations.

Karl Allen

Principal

Kemal Anbarci

Vice President and Managing Executive

Paul Bennett

Vice President and Treasurer

Nicholas Brumvele

Investor

Thomas Bunting

Principal

Barbara Burger

President

JB Clavaud

Investor

Stuart Coleman

Principal

Edem Dzakpasu

Principal

Chevron Equipment Finance

Finance Broker

Niaz Faruqui

Principal

Nabeel Hasnain

Principal

James Johnson

Executive Vice President and Executive

Pawel Konzal

Investor

Bruce L. Niemeyer

Vice President, Strategic Planning

Ryan Owen

Investor

Rich Pardoe

Venture Executive

Luca Rigo de Righi

Investor

Michael K. Wirth

Chairman of the Board and CEO

Past deals in Biofuel

CoverCress

Series C in 2022
CoverCress is a biotechnology company that focuses on research and development of renewable fuel and livestock feed. It specializes in producing an oilseed crop for food, bioenergy, and cattle feed. It specializes in the fields of agriculture, biotechnology, plants, genetics, cover crop, and precision agriculture. CoverCress was founded in 2013 by Jerry Steiner and Dr. Tim Ulmasov and is headquartered in St. Louis Missouri.

Raven

Seed Round in 2021
Raven is a producer of green hydrogen and synthetic fuels using organic waste. They transform waste destined for landfills into environmentally friendly, efficient, and profitable clean hydrogen and Fischer-Tropsch synthetic fuels with our patented Steam/CO2 Reformer technology. Raven was in 2018 and is based in Pinedale, Wyoming.

Starfire Energy

Venture Round in 2021
Starfire Energy, founded in 2007 and based in Aurora, Colorado, focuses on the development and deployment of sustainable energy technologies. The company has created a process for synthesizing clean liquid fuel, specifically ammonia, from renewable energy sources such as wind and solar power. This carbon-free ammonia serves multiple purposes, including use as fertilizer, refrigerant, and energy-dense fuel. Starfire Energy's modular systems, designed for easy on-site installation, utilize only renewable energy, air, and water as inputs, thereby supporting clients' needs for energy storage, transportation, heating, and industrial applications while promoting sustainability and reducing carbon emissions.

Baseload Capital

Venture Round in 2021
Baseload Capital Sweden AB, founded in 2018 and headquartered in Stockholm, Sweden, specializes in financing and managing energy production facilities that utilize geothermal energy. As a subsidiary of Baseload Capital Holding AB, the company focuses on providing financial services and advisory support to heat power operators globally. Its mission is to equip these operators with the necessary financial tools to develop and manage renewable heat power plants, contributing to the transition towards sustainable energy solutions. By investing in heat and geothermal power projects, Baseload Capital aims to support the electrification of the planet with green electricity.

Puma Energy Australia

Acquisition in 2019
Puma Energy Australia Holdings Pty Ltd specializes in the storage, distribution, and retail sale of fuel products across various sectors. The company provides a wide range of offerings, including bulk fuels such as diesel, biodiesel, and aviation fuels, as well as oils, lubricants, and bitumen. Puma Energy operates a network of fuel service stations, unmanned sites, and bulk seaboard terminals, serving industries like mining, agriculture, transport, marine, and aviation. Additionally, the company offers fuel storage solutions and equipment for lease or sale, alongside customized fleet fuel card solutions and expert fuel management advice. Founded in 2010 and based in Hamilton, Australia, Puma Energy operates as a subsidiary of Chevron Australia Downstream Pty Ltd.

Carbon Engineering

Private Equity Round in 2019
Carbon Engineering Ltd. is a Canadian clean energy company established in 2009, headquartered in Squamish, British Columbia. The company specializes in developing and commercializing technology that captures carbon dioxide (CO2) directly from the atmosphere. Its innovative chemical-based CO2 air capture system allows large facilities to address emissions from various sources, facilitating the management of emissions associated with vehicles, airplanes, and buildings. Carbon Engineering's technology includes an air contactor and a regeneration cycle that enables continuous capture of atmospheric CO2 and the production of pure carbon dioxide. Since 2015, the company has been actively removing CO2 from the atmosphere, and as of December 2017, it has also been synthesizing this captured carbon into clean, affordable transportation fuels.

Carbon Engineering

Series A in 2019
Carbon Engineering Ltd. is a Canadian clean energy company established in 2009, headquartered in Squamish, British Columbia. The company specializes in developing and commercializing technology that captures carbon dioxide (CO2) directly from the atmosphere. Its innovative chemical-based CO2 air capture system allows large facilities to address emissions from various sources, facilitating the management of emissions associated with vehicles, airplanes, and buildings. Carbon Engineering's technology includes an air contactor and a regeneration cycle that enables continuous capture of atmospheric CO2 and the production of pure carbon dioxide. Since 2015, the company has been actively removing CO2 from the atmosphere, and as of December 2017, it has also been synthesizing this captured carbon into clean, affordable transportation fuels.

BrightSource

Series F in 2012
BrightSource Energy designs and builds large scale solar plants that deliver low-cost solar energy in the form of steam and/or electricity, at prices competitive with fossil fuels, to industrial and utility customers worldwide. BrightSource Energy enables industrial and utility companies to lessen their dependency on fossil fuels by providing a low cost, reliable source of clean energy during periods of peak usage. BrightSource Energy's corporate headquarters are located in Oakland, California.

BrightSource

Series E in 2011
BrightSource Energy designs and builds large scale solar plants that deliver low-cost solar energy in the form of steam and/or electricity, at prices competitive with fossil fuels, to industrial and utility customers worldwide. BrightSource Energy enables industrial and utility companies to lessen their dependency on fossil fuels by providing a low cost, reliable source of clean energy during periods of peak usage. BrightSource Energy's corporate headquarters are located in Oakland, California.

LS9

Series D in 2010
LS9, the Renewable Petroleum Company, is a privately-held industrial biotechnology company based in South San Francisco, California developing patent-pending UltraClean fuels and sustainable chemicals made with the power of synthetic biology.

Solazyme

Series D in 2010
Solazyme is a synthetic biology company that specializes in converting algal biomass into biofuels. Solazyme not only creates biofuels for the the transportation industry, but is experimenting with ways to tailor its products for the cosmetic and food industries.

LS9

Series C in 2009
LS9, the Renewable Petroleum Company, is a privately-held industrial biotechnology company based in South San Francisco, California developing patent-pending UltraClean fuels and sustainable chemicals made with the power of synthetic biology.

Soane Energy

Venture Round in 2009
Soane Energy is developing and applying innovative chemical solutions based on polymers and surface science to help meet this worldwide "hunger for energy" in a practical, immediate and environmentally responsible way. Through its contributions to the energy industry, Soane Energy believes it will have a profound effect on improving the health of the planet while generating significant returns to company shareholders.

BrightSource

Series C in 2008
BrightSource Energy designs and builds large scale solar plants that deliver low-cost solar energy in the form of steam and/or electricity, at prices competitive with fossil fuels, to industrial and utility customers worldwide. BrightSource Energy enables industrial and utility companies to lessen their dependency on fossil fuels by providing a low cost, reliable source of clean energy during periods of peak usage. BrightSource Energy's corporate headquarters are located in Oakland, California.
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