Chevron’s Business-Driven Actions
on Greenhouse Gas Emissions
Management: Gorgon Project andOther Examples

International Workshop on CO2 Capture and Storage
Tokyo, Japan

Arthur Lee
20 February 2006
© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Business-Driven Actions on Greenhouse Gas
Emissions Management• Strong Centralized Greenhouse Gas Management© Chevron 2005•

Management Processes and Tools Integrated toBusiness•

Carbon Markets Team•

Partnerships

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Importance of Climate Change Issue to Chevron
CO2 and methane emission sources
Production
Production

Sources
Sources

Emission
Emission© Chevron 2005

Transportation
Transportation

Refining
Refining andandPetrochemical
Petrochemical
Production
Production

Combustion androtating equipment,
flaring, ventingPipelines

Heaters

VesselsBoilers

Gas associatedwith oil production

Vehicles

CO2
MethaneCO2MethaneCorp HESPrimarily CO2

End
End UseUseCustomer use
of gasoline,
diesel,and coalCO2International Workshop on CO２ Geological Storage , Japan ‘06

Chevron’s Climate Change Position and Action
Plan
Position: We at Chevron Corporation are responding to increasing climate change concerns by
integrating an action-based approach into our business strategy
Plan: 4-Fold Plan predicated on ACTION
Reduce greenhouse gas
emissions (GHG) and increaseenergy efficiency

Support flexible &economically soundpolicies and mechanismsthat protect theenvironment

4-FoldAction Plan

Invest inresearch,development,
and improved
technology

Pursue business opportunities inpromising innovative energy
technologies© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Organization of the Climate Change Steering
Council and Supporting Teams

ClimateClimate Change
ChangeSteering
Steering Council
CouncilEmissions
Emissions
Inventory
Inventory andandManagement
Management
Team
Team

GHG
GHG Planning
Planning ininCapitalCapital Projects
Projects
Team
Team

GHG
GHG Emissions
Emissions
Trading
Trading

Technology
Technology

ClimateClimate Change
ChangeAssociations
Associations
SupportSupport

Advocacy
Advocacy

ClimateClimate Change
ChangeKnowledge
Knowledge
Management
Management
Network
Network•• Additional
Additional teams
teams will
will bebe added
added asas neededneeded© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Actions and Results

Greenhouse Gas Emissions
Accounting To BecomeStandardized --CVX SANGEA™
software has role

ChevronTexaco Energy Index
100
90
80
70

CVX Energy Efficiency Improved
24% from 1992. US Refinery
Plans an Additional 10% by
2012 via API Commitment to the
US.

60
50
40
30
20
10
0
92

93

94

95

96

97

98

99

00

01

02

03

04

CVX OpCos Set Emission Goals
for 2005 and Forecast 2005-07
CVX To Reduce Upstream
Flaring/Venting in Nigeria andAngola. F/V is 24% CVX GHG

Millions ofMetric Tons 60
CO2
Equivalent

0
2002
Other

2003
Dow nstream

2004
Upstream

Gorgon Project – State-of-art CO2
Reinjection Program Planned inAustralia (2-3 million metric tons
per yr)2002, 2003, and 2004 Equity share emissions do notinclude Chevron Phillips Chemical and Dynegy. Other
includes shipping, global power, coal & corp. services© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Emissions Inventory Framework:
API Compendium and SANGEA™ and IPIECAGHG Emissions
Inventory
Accounting andReporting Guidance
SoftwareOutputGuidelines..

Available Emission
Estimation
Approaches

Definition ofReporting Tiers

Compendium

SANGEATMor Other Software *Emission
Estimation Methods*Emission calculations made following Guidelines

accounting and reporting procedures and Compendium emission estimation
methods.
International Workshop on CO Geological Storage , Japan ‘06２

Capital Projects GHG
Evaluation Flowchart
GHG Evaluation Tools
Phase 1
-GHG Management Primer-GHG Screening Tool
Phase 2
- GHG Screening Tool
- GHG Emissions Projector- GHG Mitigation Planning Tool
- Example Project GHG
Evaluations- Contact GHG Management
Expert Resource- Mergers & Acquisitions Tool

Phase 3
- SANGEA™ Inventory System- GHG Emissions Projector- Mitigation Planning Tool
- Example Project GHG
Evaluations- GHG Forecasting

No GHG
analysisrequired

Begin Phase 1
Planning for
Capital Projects“Minimal”“Small”

Screening
Tool“Large”“Medium”

GHG analysis integral
to early examination ofalternatives Early Phase 2

GHG analysis of
key project
alternatives Late Phase 2

Document analysis in
Appropriate Request

Capture GHG learnings
and improved
processes

Detailed GHG
analysis of chosenalternative Phase 3

Look backLessons
learnedSANGEA™ is a trademark of the American Petroleum InstituteInternational Workshop on CO２ Geological Storage , Japan ‘06

Carbon Markets Team (CMT) Organizational
Functions

CMT Organizational Structure

CMT Management

A
Policy &Business
Planning

B

C

Credits
Management

Consulting& Project
Advocacy

Network of Experts in Credit
Management, Law, Tax, Public & Govt
Affairs, as needed© Chevron 2005

Corp HES

Source: Evolution Markets

International Workshop on CO２ Geological Storage , Japan ‘06

SETTING THE SCENE … INCREASING LEVELS OF POLICY DEVELOPMENT
1992 – U.N. Framework Convention on Climate Change
1997 – The Kyoto Protocol (156 nations ratified; US and Australia have not ratified)2001 – Marrakech Accords (Clean Development Mechanism)
CANADA 2005
(1) Voluntary Agreement with Autos(2) Regulatory Proposal for Large Sources

EUROPE 2005
EU Emissions Trading
Scheme (impact on CVX
operations in the UK and
Netherlands)© Chevron 2005

UNITED STATES 2005

Int’l Flaring Standard 2004

(1) California Executive Order(2) Gulf Coast climate damage suit(3) NE States regional GHG initiative(CVX’s operations in Angola,
Nigeria, Kazakhstan, Indonesia)

Corp HESAUSTRALIA 1995 and2003
Voluntary Greenhouse
Challenge Agreement 2003
(Gorgon)International Workshop on CO２ Geological Storage , Japan ‘06

Climate Change Policy Drivers
G8 Gleneagles Plan of Action on Climate Change, Clean Energy and Sustainable
Development recognizes that advances in a portfolio of technologies are critical for thestabilization of greenhouse gas concentrations.

Technology common groundG8 nations disagree over the Kyoto Protocol



G8 Plan of Action is the common ground.

In the transport area, G8 Gleneagles Plan of Action commits the nations to:© Chevron 2005



Launch a Global Bioenergy Partnership to support wider, cost-effective, biomass andbiofuels deployment, particularly in developing countries where biomass use is prevalent

Encourage the development of cleaner, more efficient and lower-emitting vehicles

Promote their deployment by adopting ambitious policies to encourage sales of suchvehicles, including public procurement to accelerate market development

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Climate Change Policy Drivers
G8 Gleneagles Plan of Action on Climate Change, Clean Energy and Sustainable
Development recognizes that advances in a portfolio of technologies are critical for thestabilization of greenhouse gas concentrations.

Technology common groundG8 nations disagree over the Kyoto Protocol



G8 Plan of Action is the common ground.

In the CO2 capture and storage technology area, G8 Gleneagles Plan of Action
commits the nations to:© Chevron 2005

Acceleration of the development and commercialization of carbon capture and storage(CCS) technology by endorsing the objectives and activities of the Carbon Sequestration
Leadership Forum (CSLF)

Working with the IEA and the CSLF to hold a workshop on short-term opportunities for
CCS in the fossil fuel sector, including from enhanced oil recovery and CO2 removal fromnatural gas productionCollaboration with key developing countries to research options for geological CO2 storage

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Business-Driven Actions
 Gorgon Project Climate Change Related Joint Industry Projects
 Operating Companies’ and Business Units’ Activities in
Support of 4-Fold Action Plan “Practical Hydrogen” – Hydrogen Infrastructure
Development© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Australia: Vast Resources Offer Clean Fuels Promiseand GHG Advances• CVX is 1/6 Equity Owner Io/Jansz Dionysus
in NWS LNG Venture
Chrysaor• CVX is also Operator
and Lead Developer of
Gorgon LNG with morethan 40 TCF in Greater
Gorgon area.

CTMS

GorgonNWS

NWS
LNG Plant
LNG Plant

BarrowIslandKarratha

50

Australia 6P Gas Resource

Domgas
Pipeline

4030

Dampier

TCF

Indonesia

20

50 Mi.
10

Map
Area

Australia

50 Km.
0© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Gorgon Development Plan
Jansz Field
AUSTRALIA

North West
Shelf
LNG
Exports

Gorgon Field

2 x 5mtpa LNG trains& CO2 Injection on
Barrow Island

Subsea tie-backto Barrow Island

Domestic Gas Connection
to the mainland

Karratha

Existing Domestic
PipelineN
0© Chevron 2005

Corp HES

Onslow

kilometres

50

International Workshop on CO２ Geological Storage , Japan ‘06

Greenhouse Gas – the Gorgon commitment

Gorgon CO2 sequestration will be thelargest such project in the world.
It will be managed through: Greenhouse Gas Management Strategy
 Environment, Social and Economic

Review commitments
 Greenhouse Gas Management Plan Environmental Impact Assessment

process (EIS/ERMP)“Greenhouse gas management is partof our business”

Gorgon Gas Development Greenhouse Gas Management Strategy
The Gorgon Development Greenhouse Gas Management Strategy for a Barrow Island
development is to:• Demonstrate via lifecycle analysis that a Gorgon gas development and LNG export results ina net reduction in global greenhouse gas emissions relative to other fossil fuel alternatives.
• Design the production facilities to incorporate current best practices in thermal efficiency andgreenhouse emission control where practicable.
• Develop a project to re-inject the removed reservoir CO 2 into the Barrow Island Dupuy saline
reservoir, unless it is technically infeasible or cost-prohibitive. This will involve:
o Pursuing a stepwise process to: develop a reservoir CO 2 re-injection project,demonstrate technical feasibility, and ensure costs to the project are not excessive.
o Selling treated gas to meet domestic gas customer requirements and re-inject theremoved reservoir CO 2.
o Commencing re-injection as soon as practicable after the processing facilities
commissioning and start-up process.
o Implementing re-injection of reservoir CO 2 by installing a single train of injection
equipment, sized for the full volume of reservoir CO 2.
• Investigate potential synergies with existing Barrow Island operations and implement
measures that minimise greenhouse emissions and enable full use of associated gas
production where practicable.
• Pursue projects and opportunities which provide net conservation benefits and enhancegreenhouse gas removal from the atmosphere.
• Continue existing funding for greenhouse gas related research and development projects
such as CRC’s and technological research.
• Review options for funding additional value-added research and development ordemonstration projects.
• Pursue potential opportunities for external sale or use of separated reservoir CO 2 as achemical feedstock or enhanced oil recovery agent.
• Develop a contingency plan that could provide a partial offset for reservoir CO 2 if asequestration project proves infeasible. Options may include:o Maturing alternative re-injection sites that could be developed in the future such as adepleted gas reservoir.
o Creation of emission reductions or offsets external to the Gorgon gas development.
o Sequestration opportunities such as forestry.
o Additional research funding.
• Meet the commitments within the LNG Action Agenda including the revision of the existing
Gorgon Greenhouse Challenge Cooperative Agreement.
• Continue to advocate increased use of gas based fuels, in preference to more carbon
intensive options, to reduce greenhouse emissions.
• Participate constructively in the development of greenhouse policy at both the State andCommonwealth level.

Paul Oen
Gorgon Area General Manager
Created on 25/06/2003 11:12 AM© Chevron 2005

Corp HESDOC ID: 030650006 rev 0

International Workshop on CO２ Geological Storage , Japan ‘06

EIS/ERMPEIS/ERMP - Combined federal
state environmental assessment
Public release 12th September
Followed by a ten week publiccomment period
Environmental approval mid
2006© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Qualifiers on Commitment to Inject Reservoir
CO2
13.1.1
To ensure the efficient use of capital resources, CO2 injection is planned to be
implemented using injection equipment sized to handle the expected rate ofreservoir CO2 removed from the incoming gas stream to the gas processing facility.
Venting of reservoir CO2 will be required during commissioning, periods ofmaintenance and equipment downtime associated with the injection equipment or
for reservoir constraints. Full redundancy in the CO2 injection system to eliminate
venting as a contingency, cannot be justified given the impact on project financial
viability.
In the unlikely event that the proposed CO2 injection should prove technicallyinfeasible or cost prohibitive, such as if it is determined that a large number of
additional injection wells are required, the Gorgon Joint Venturers will consult withgovernment with the intent of maximising the injection of CO2 within thecommercial constraints of the Gorgon Development.
At any time the Joint Venturers consider that the injection of reservoir CO2
represents an unacceptable risk to the environmental values of Barrow Island, or asafety risk, then CO2 injection operations would be suspended and the remaining
reservoir CO2 vented to the atmosphere.

© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Greenhouse Gas Emissions - Efficiency
Improvements
13.3.1
1.0
0.9
0.08

Tonnes CO2e / Tonne LNG

0.8
0.20

0.7
0.6

0.06

0.5
0.20

0.89
0.4

0.07

0.3
0.2

0.35

0.1
0.0
1998 Concept Greenhouse Challenge
Agreement© Chevron 2005

Corp HES

Use of Sub-Sea
Production System

LNG Technology
Improvement

Improved Waste Heat
RecoveryReservoir CO2 injection

Reference Case
Emissions Efficiency

Potential for Further
Reductions Based on
Performance Targets

International Workshop on CO２ Geological Storage , Japan ‘06

Predicted Annual Emissions
13.3.4Emissions Source

LNG Processing
TPA CO2e

Domestic Gas
Processing
TPA CO2eIsland Infrastructure
SupportTPA CO2e

Gas Turbine – Gas
Processing Drivers

1 612 000

Nil

Nil

Gas Turbine– Power Generation

1 287 000

200 000

60 000Fired Heaters

71 00028 000

Nil

Flare – Events

60 000Minor

Nil

Flare – Pilots

2 000

Minor

Nil

Fugitive Emissions

Less than 1 000

Less than 1 000

Nil

Transport

Nil

Nil

10 000

Diesel Engines

Less than 300

Minor

Minor

Reservoir CO2 Vented

500 000

180 000

Minor

Total

3 534 000

409 000

70 000EIS/ERMP also contains estimates of emissions during construction and decommissioning© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Greenhouse Gas Emissions – Comparative
Benchmarking (LNG)
13.3.60.7

0.075

Australian
LNG

0.6

0.35

0.35

0.3

0.075

GorgonDevelopment

0.39

0.39

0.075

0.075

0.4

0.075

0.46
0.44

0.36

0.075

0.075

0.49

0.075

0.075

Tonnes CO2e / Tonne LNG

0.5

0.075

International LNG
Developments

0.59

0.34

0.28

0.22

0.2

0.1

Q
at
ar
ga
s

Ra
sG
as

LN
G
ic
At
la
nt

LN
G
N
ig
er
ia

LN
G
O
m
an

Sn
oh
vi
t

N
or
th

W
es
tS
he
lf
(1
N
99
or
th
8)
W
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lf
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(2
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00
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es
tS
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lf
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ai
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ar
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LN
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10
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TP
A
D
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or
go
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D
ev
el
op
m
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t

0

© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Reservoir CO2
Setting the scene 13.4
Expected gas composition of reservoir CO2 (99% CO2)
Experience with CO2 injection
Assessment of CO2 injection sites (Central East Coat)
Geology of Barrow Island
Stratigraphy
Structure
CO2 behavior in the subsurface
Phase behavior of CO2
Trapping mechanisms
Solution trapping
Residual gas trapping
Mineralogical trapping
Large-scale geometric trapping

Injectivity/tortuosity compromise
Baffles and Barriers
Operational Phase
Post Operational Phase© Chevron 2005

Corp HES

Fine-grained sandstone

1mm

International Workshop on CO２ Geological Storage , Japan ‘06

CO2 Injection Development Concept
13.4.2CO2 compressors and pumps integrated
into gas processing facility
7 injection wells drilled from 2 or 3 drill
pads
CO2 pipelines
Fit for purpose monitoring program
Commitment to make data from theongoing monitoring available to the public© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Barrow Island Stratigraphy
13.4.32300m
Target reservoir
for CO2 injection

SHALE / SILTSONE (Seals)© Chevron 2005

Corp HESCARBONATE

GREENSANDSANDSTONEInternational Workshop on CO２ Geological Storage , Japan ‘06

Reservoir Simulation
13.4.5Reservoir Simulation
Single injection well simulation
Full reservoir simulation
Pressure field
Displaced formation water
Deviations from simulation
predictions
High permeability layers
Down dip migration
Existing wells

Barrow Group
Basal Barrow

Shale

Upper Dupuy
Upper Massive Sand

Lower Dupuy Shale

Perforans
Lower Dupuy

Reference Injection Interval

WE

DM E-W : 5yrs

© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

CO2 Injection – Long Term Responsibilities
13.4.11The JVs believe that existing statutory regulation & Common Law provide
appropriate mechanisms for managing liabilities associated with CO2
injection
The Gorgon JV proposes that its day-to-day involvement with the site
continue after the cessation of injection operations
The Post-Injection Phase would end once agreement was reached withgovernment that the closure criteria for the site had been met

Reference to the Draft Regulatory Principles
Prior to site closure, government would need to be satisfied to a high degreeof certainty that:
Future land use objectives defined at the time of project approval have been met
The residual risks of leakage & resulting liabilities are acceptably low
The ongoing costs associated with the site are acceptably low or are otherwise
appropriately managed© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Comparison of Global CO2 Re-Injection
Projects
GorgonDupuy Formation

In Salah
Rangely
SnovitSleipner (Utisra Reservoir) is the only active CO2
sequestration project in the world today

Sleipner
Lost Hills
Weyburn
Frio

Active storage project into saline aquifer
VacuumPlanned storage project into saline aquifer
Active CO2 EOR Projects

West Pearl
Queen
0

10

20

30

40

50

60

70

Mass of CO© Chevron 2005

Corp HES

80

2

90

100

110

120

130

( MMt )

International Workshop on CO２ Geological Storage , Japan ‘06

Linking the Gas Value Chain
Forging strong links all along the gas value chain is critical tothe commercialization of the significant volumes of remotenatural gas resources throughout the world.
Upstream
Liquefaction
Shipping
Regasification
Marketing& Pipelines
Power© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

West African Gas Pipeline
Nigeria to Ghana
West
WestAfrican
AfricanGas
GasPipeline
Pipeline(WAGP)(WAGP)
Gas
Gastransmission
transmissionsystemsystemowned
ownedandandoperated
operatedby
by
WAPCo,
extending
from
the
ELPS
to
landfallsin
WAPCo, extending from the ELPS to landfalls in
Benin,
Benin,Togo
TogoandandGhana
Ghana© Chevron 2005

Corp HESNIGERIA

Existing
ExistingEscravos-to-Lagos
Escravos-to-Lagos
Pipeline
PipelineSystem
System(ELPS)(ELPS)
Owned
Ownedandandoperated
operatedby
by
NNPC
NNPC

Es
c

ra v
os

B
E
N
I
N

Lo
mé
Co
ton
ou
La
go
s

ma
Te

Ta
ko
ra
di

GHANA

T
O
G
O

International Workshop on CO２ Geological Storage , Japan ‘06

Climate Related JIP Involvement
Partial List …
 CO2 Capture Project CO2CRC
 IEA Weyburn MIT Carbon Sequestration Initiative WestCarb (DOE Regional Partnership) Global Gas Flaring Reduction Partnership Industry Consortia: API, IEA, IPIECA (chairs Climate
Change Working Group), CO2NET© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Chevron Energy Solutions –Energy Efficiency, Solar Power, and Fuel Cell
Project (Northern California)© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Chevron Energy Solutions Solar Photovoltaic Installation(Public Library, City of Richmond, CA)© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Darajat Geothermal Expansion•110 MW Expansion of Darajat
geothermal power project•Will help meet electricity demandsof Java, Madura and Bali, where
supply shortages are anticipatedApproved Photo•Will help Indonesia avoid more than
400,000 tons per year of CO2
emissions•Darajat’s geothermal resources areabundant, clean, renewable.
•Resource operated by Chevron
Energy Indonesia Ltd (CTEI)© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Chevron Technology Ventures
Find, Launch, and Grow New Energy Technology Businesses
Add new intellectual capitaland organizational capability
Create options in disruptive
technologies

Hydrogen
Business Unit
© Chevron 2005

Corp HESAugment core R&D
Add value chain extensions
Adding a new operating sector

Emerging Energy
Business Unit

Molecular
Diamonds LLC

Venture Capital
Equities

International Workshop on CO２ Geological Storage , Japan ‘06

Technology Ventures: Renewable Energy Systems
Solar Mine project in the Midway-Sunset heavy oil field

Renewable energy systems
integrated into oil field operations

Nerefco Project, Rotterdam refinery© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Advanced Batteries The power behind hybrid
vehicles COBASYS has completed
construction of an NiMH
Battery Plant© Chevron 2005

Corp HES COBASYS signed a costsharing contract to continue
the development of NiMH
batteries under thesponsorship of the U.S.
Department of Energy’s
FreedomCar initiative

New Manufacturing Facility
Springboro, Ohio
International Workshop on CO２ Geological Storage , Japan ‘06

Practical Hydrogen - Navigating the Transition
Public - Private partnerships play a central role

Transition Stage

Today
R&D

Demonstration
projects
Specialized
stationary power
applications

Prototype fleet
and energy
infrastructure
systems

FutureDistributed
economichydrogenbasedenergy &transportsystems

Petrochemical• Test bed for newcomponent technologies• Community interaction,outreach, and education© Chevron 2005

Corp HES• Sufficient size andcomplexity• Cost-efficient - leverages
the existing energy gridInternational Workshop on CO２ Geological Storage , Japan ‘06

U.S. DOE Hydrogen Fleet & Infrastructure
Demonstration & Validation Project
5 year project to showcase practical application of H2
technology. Chevron is consortium leader and fuelsupplier; Hyundai-Kia Motors the vehicle supplier; andUTC Fuel Cells will supply the FC stacks
Develop and demonstrate safe, convenient, reliable H2based distributed power generation, FCVs and vehicle
fueling infrastructure
Educate key audiences about H2 as potential fuel fortransportation and power generation
Sites and fleet operators: HATCHI, SoCal Edison, AC Transit
and U.S. DOD
Fueling for up to 32 H2 FCVs
Integrated Codes & Standards, Education & Outreach Plans© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

Opportunities in Early Markets for Hydrogen© Chevron 2005

High-Quality
Distributed Power

Vehicle Fleets••

AC Transit Fuel Cell
Bus Program•

US Department ofEnergy Project

Corp HES

Fuel cell installation in
Bellaire, TX and San
Ramon, CAInternational Workshop on CO２ Geological Storage , Japan ‘06

The Hydrogen Highway:
moving to the next phase© Chevron 2005

Corp HESInternational Workshop on CO２ Geological Storage , Japan ‘06

The Hydrogen Highway:
moving to the next phase (18 February 2005)
Chino, California

Unveiling at Chino, California© Chevron 2005

Corp HES

Hydrogen Fueling Dispenser

Groundbreaking at Orlando, Florida

International Workshop on CO２ Geological Storage , Japan ‘06

Business-Driven Actions on Greenhouse Gas
Emissions Management
Strong Centralized Greenhouse Gas Management


Executing the Four-Fold Action Plan

Climate Change Steering Council

Management Processes and Tools Integrated to Business Carbon management systems integrated into business planning Multiple emissions-reducing project activities
Carbon Markets TeamCentrally coordinates trading and credit activities worldwide

Partnerships
© Chevron 2005

Corp HES

Key opportunity areas to address technology and business development

International Workshop on CO２ Geological Storage , Japan ‘06