Chevron Corporation - Enterprise Tech Ecosystem Series
Chevron Corporation (Chevron) is an integrated oil and gas company with global business presence that operates across the value chain from exploration, production, storage, pipeline, transportation, and refining to marketing and distribution of oil and gas products. Its products include crude oil, natural gas, fuels, lubricants, petrochemicals, and additives. Chevron operates through three reportable segments: Upstream, Downstream, and All Other. The Upstream segment involves activities like exploration, development, and production of oil and gas resources, while Downstream involves production of chemical products and lubricants. The All Other segment includes insurance operations, real estate activities, technology companies, corporate administrative functions, and worldwide cash management and debt financing activities.
Chevron partnered with Plug and Play to create an innovation program dedicated to support its Energy and Sustainability strategy.
Chevron Technology Ventures launched the Catalyst Program to support early stage companies that have already received seed funding to further advance their technological development through Chevron’s RandD Labs.
Chevron Technology Ventures partnered with The Cannon to have a permanent working space, have exposure to disruptive startups and emerging technologies by being a part of networking events taking place in the co-working community, and build long term strategic relationships to support its digital transformation strategy.
This report provides insight into Chevron Corporation’s fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
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