Posts Tagged: "fracking"

Chevron develops energy system innovations from hydrofracking to biomass

Chevron pioneers many innovations in energy systems and related fields and in recent years has focused on ocean bottom sensing tech for deepwater fields, waterflood surveillance data tools for oilfields as well as heavy-duty engine oils. The company also supports technology developments pursued by open innovation initiatives like the Cleantech Open, a clean technology innovation and small-business development organization of which Chevron is a global member. In 2013, the corporation posted expenditures of $685 million on other exploration expenses, which includes R&D spending.