In an exclusive interview with the Society of Petroleum Engineers (SPE), Chevron Technology Ventures (CTV) shared key insights from its remarkable 25-year journey. CTV, Chevron's corporate venture capital arm, has played a pivotal role in advancing energy technology by investing in and collaborating with innovative startups. The organization's mission is to identify and support game-changing technologies that will shape the future of the energy industry. Over the years, CTV has made over 160 investments, with a focus on areas such as carbon capture, utilization, and storage; digital transformation; and renewables. One of its most notable successes includes its investment in LanzaTech, which has developed a gas fermentation technology that converts industrial emissions into ethanol. Through strategic partnerships and investments, CTV continues to drive innovation in energy technology and support the transition towards a more sustainable future.
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