• CERAWeek
  • March 18 - 22, 2024

Jeff Gustavson

Chevron New Energies


Jeff Gustavson is president of Chevron New Energies, a position he assumed in August 2021. In this role, he is focused on lower carbon business prospects that have the potential to scale, including commercialization opportunities in hydrogen, carbon capture, and offsets and support of ongoing growth in biofuels. Prior to this role, Gustavson served as the vice president of Chevron’s North America Exploration and Production Company overseeing its Mid-Continent Business Unit, which manages a large resource base of oil and liquids-rich assets in the midcontinent United States, including Chevron's significant Permian assets in Texas and New Mexico. Gustavson has also served as president of Chevron Canada Limited, where he was responsible for the company’s upstream interests in Canada. Gustavson joined Chevron in 1999 and has held positions in Finance, Mergers & Acquisitions, Corporate Strategic Planning, Supply and Trading, Investor Relations and Upstream, with numerous assignments in the United States, as well as Venezuela, the United Kingdom and Canada. He sits on the external advisory boards for both the College of Engineering and the Department for Research and Innovation at the University of Colorado and was recently appointed to the board of directors of the Chevron Employee Political Action Committee. Gustavson received bachelor’s degrees in both economics and international affairs from the University of Colorado at Boulder in 1994 and a master’s degree in business administration from the University of Texas at Austin in 1999.

Sessions With Jeff Gustavson

Wednesday, 8 March

  • 02:25pm - 03:05pm (CST) / 08/mar/2023 08:25 pm - 08/mar/2023 09:05 pm

    Spotlight | The Business of Carbon Management

    Carbon Management/Decarbonization
    Transitioning the global economy to a low-carbon energy system will require a range of solutions—carbon capture, hydrogen, renewable power generation. While many of these are on the cusp of wide-scale deployment, uncertainties remain in cost and potential commercial strategies as firms look to create sustainable businesses out of their efforts. How will these new low-carbon value chains evolve? What new commercial models will arise, and who is best positioned to capture them? What policies and incentives can accelerate their advancement, and how can emerging sources of capital catalyze them?