A long-term strategy that is paying dividends for the US oil major's corporate venturing unit.

US-listed oil major Chevron has been rated by Global Corporate Venturing as having the most influential corporate venturing unit for the energy and natural resources sector for the second consecutive year after a series of deals reinforced the benefits of its long-term approach.

Focused on five areas, advanced materials, communications networking, emerging and alternative energy, information technology and oil and gas, and investing both directly and as a limited partner in venture capital funds, Chevron Technology Venture Investments has had…

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