Energy audit will identify opportunities for reducing energy costs and greenhouse gas emissions

Ogden City, Utah--June 26, 2008 - Chevron Energy Solutions, a unit of Chevron Corporation, today announced it has finalized an agreement with Ogden City officials to perform a comprehensive energy audit of 22 city buildings comprising over 600,000 square feet.

The audit will uncover energy and water saving opportunities by identifying current inefficiencies with equipment and operations processes and prioritize the opportunities based on return on investment, operational efficiency and emissions impact. The audit team began its survey on June 3rd and will present its findings to the City this fall.

Ogden City will use the audit to help it achieve its economic and environmental goals. "We are hopeful that this study will reveal new technologies and practices we can employ that will save money, increase the efficiency of our buildings and improve air quality," said Mayor Matthew Godfrey.

Implementation of the audit's findings could make the buildings significantly more energy efficient and potentially create taxpayer savings by reducing the facilities' energy consumption and operating and maintenance costs. By lowering the demand for utility power, efficiency improvements also lead to reductions in utility emissions of carbon dioxide, a greenhouse gas.

"Conservation and efficiency are the most economic sources of 'new' energy, and they play an important role in reducing greenhouse gas emissions," said John Mahoney, chief operating officer of Chevron Energy Solutions. "We applaud Ogden City for taking this first step and setting an example for other communities in the region and around the country."

About Chevron Energy Solutions
Chevron Energy Solutions provides public institutions and businesses with environmentally sound projects that increase energy efficiency, reduce energy costs and ensure reliable, high-quality power for critical operations. The company employs proven technologies to meet customers' specific needs, including infrastructure technologies, energy controls, solar power, fuel cells and other systems. Its parent, Chevron Corporation, is investing across the energy spectrum to develop energy sources for future generations by expanding the capabilities of alternative and renewable energy technologies. Between 2002 and 2006, Chevron spent approximately $2 billion on developing alternative and renewable energy technologies. Chevron expects to spend more than $2.5 billion in this area between 2007 and 2009.

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Contact:
Steven Spurgeon, Chevron Energy Solutions
913-748-8663

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