Oil and Gas Startups Podcast

Chevron on Oil and Gas Startups


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The world is facing challenges regarding the energy addition, balancing increasing energy demands, and the necessity for innovative diversification. Traditional hydrocarbons continue to play a vital role, while newer, sustainable technologies need to be more integrated into our energy landscape. This episode highlights how Chevron is bridging the gap between traditional energy and new energies. By forming Chevron New Energies and investing in groundbreaking technologies like Carbon Capture Utilization and Storage (CCUS) and blue hydrogen production, they are addressing the evolving energy landscape's complexities and necessities.

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00:00 - Intro
05:09 - Early Life and Career
11:36 - Energy Industry Journey
14:07 - Job Duration Insights
15:44 - Oil and Gas Industry Future
16:57 - AI Impact on Productivity
20:00 - Chevron’s Energy Evolution
22:05 - Energy's Role in Society
26:51 - EnergyX’s xCloud Overview
27:50 - Understanding CCUS
30:48 - CO2 Utilization Explained
33:36 - CO2 Injection and Storage
41:08 - CCUS Profitability
42:50 - 45Q Tax Credit Explained
44:44 - Commercial Structure of CCUS
49:31 - Carbon Credits Overview
51:25 - New Energy Innovations
54:20 - Hydrogen Energy Insights
58:35 - Nuclear Energy Discussion
1:00:10 - Renewable Fuels Overview

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