Shearman & Sterling advised Chevron Technology Ventures in its investment in Hydrogenious LOHC Technologies. Chevron Technology Ventures joins a consortium of investors; proceeds will support scale up and commercialisation of bulk hydrogen storage and transportation systems, unlocking hydrogen as a globally traded commodity.

Chevron Technology Ventures was launched in 1999 to identify and integrate externally developed technologies and new business solutions with the potential to enhance the way Chevron produces and delivers affordable, reliable and ever-cleaner energy now and into the future.

Hydrogenious’ transformative Liquid Organic Hydrogen Carrier (LOHC) technology provides a safe, low cost means of bulk hydrogen storage and transportation, establishing the critical link between supply and demand on a regional, national, and international level.

The Team