Mark Nelson

Chevron Corporation

Executive Vice President, Downstream & Chemicals

Mark A. Nelson, 58, is executive vice president of Downstream & Chemicals, a position he has held since 2019. He is responsible for directing the company’s worldwide manufacturing, marketing, lubricants, chemicals and Oronite additives businesses. He also oversees Chevron’s joint-venture Chevron Phillips Chemical Company. Previously Nelson was vice president, Midstream, Strategy & Policy, where he was responsible for the company’s shipping, pipeline, power and energy management and supply and trading operating units. He was also overseeing corporate strategic planning and policy, government and public affairs. Prior to this position, Nelson served as vice president of Strategic Planning for Chevron. Other positions include president of International Products, where he was responsible for the refining and marketing businesses in Europe, Africa, the Middle East and Asia; president of Chevron Canada Limited, where he managed oil and gas exploration, production and marketing of crude oil, natural gas and natural gas liquids in Canada. With more than 35 years of experience, Nelson has served in a number of leadership positions with increasing responsibilities within the company in retail, marketing, operations and business planning. Nelson has previously served on several advisory boards and councils, including Singapore’s Economic Development Board and the Canadian Council of Chief Executives. Nelson joined Chevron U.S.A. Inc. in 1985 as an engineer based in San Ramon, California. A native of Ventura, California, Nelson graduated from California Polytechnic State University, where he earned a bachelor’s degree in civil engineering.

Sessions With Mark Nelson

Tuesday, 8 March

  • 02:05pm - 02:45pm (CST) / 08/mar/2022 08:05 pm - 08/mar/2022 08:45 pm

    Downstream Strategies Beyond Crude & Oil Products

    Panel Downstream/Midstream/Chemicals

    Downstream oil companies are venturing into new fuels, partnerships, and business models to reduce carbon emissions and to address inevitable declining demand for traditional fossil oil product. Companies are setting different emissions targets to address climate policies, investor requirements, and societal pressures. However, regulatory frameworks are still evolving, and the scale of low-carbon fuels production is small relative to oil markets. As companies address carbon emissions from transportation fuels and the oil supply chain, they also seek to ensure affordability and reliability of transport fuels and feedstocks. How will the new climate-focused landscape shape refining profitability and investments? What are the roles of biofuels, petrochemicals, retail, and other integration options in downstream strategies? Is there a scalable role for refining businesses and assets in carbon capture and the production of renewable hydrogen and related fuels? How will national and regional regulations influence refining and international trade competitiveness?