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Chevron Energy Solutions Receives Green Business Award

SAN FRANCISCO, June 17, 2009 — Chevron Energy Solutions, a unit of Chevron Corporation (NYSE: CVX), has received the San Francisco Business Times’ 2009 Green Business Award in the “Best Green Service” category. The company was recognized for developing innovative, sustainable projects that provide energy and cost savings through energy-efficient facility improvements, conservation and renewable power projects for public institutions and businesses.

“It’s clear that Chevron Energy Solutions deserves this award,” said Mary Huss, publisher of the San Francisco Business Times. “We applaud the company’s work to deliver services that provide an exceptional level of sustainability.”

The San Francisco Business Times received nearly 200 nominations for this year’s Green Business Awards. A panel of San Francisco Bay Area experts in clean technology and sustainable business practices reviewed the nominations and selected a winner for each of 14 categories based on their demonstrated commitment to clean technologies and sustainable business practices.

“We appreciate the recognition and it validates everything we’re trying to achieve for our customers,” said Jim Davis, president of Chevron Energy Solutions. “Here in our hometown and across the country, our team is working hard to bring energy efficiency and renewable power projects to education and government customers, so that they can benefit from the cost savings and facility improvements while reducing their carbon footprint.”

Since 2000, Chevron Energy Solutions has developed hundreds of projects across the country and become the largest installer of solar power for education institutions in North America. The company’s projects have saved customers an average of nearly 30 percent in energy costs and a total of more than $1 billion to date. These projects are also reducing greenhouse gas emissions by more than 3 million metric tons.

About Chevron Energy Solutions
Chevron Energy Solutions designs and builds sustainable energy projects that increase energy efficiency and renewable power, reduce energy costs, and ensure reliable, high-quality energy for government, education and business facilities. The company was named by Fast Company magazine as one of “The World’s 50 Most Innovative Companies” and one of the top five “Most Innovative Clean Energy Companies.” Its parent, Chevron Corporation (NYSE: CVX), is investing across the energy spectrum to develop energy sources for future generations by expanding the capabilities of alternative and renewable energy technologies. Chevron spent approximately $3.2 billion on developing these technologies since 2002, and expects to spend more than $3.2 billion in this area between 2009 and 2011.

Contact:
Juliet Don, Chevron Energy Solutions, 415.733.4673

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