Chevron Invests $800,000 in UT Austin in 2013
On May 2, Chevron Corporation will make a donation of $800,000 to The University of Texas at Austin. The gift represents the company’s investment in the university for the 2013 year. The majority of the funding will be allocated to support students in the McCombs School of Business, Cockrell School of Engineering and Jackson School of Geosciences, the primary areas from which Chevron recruits future employees. Undergraduate scholarships, graduate fellowships, student organizations and activities and laboratory renovations were supported this year.
As part of Chevron’s University Affairs Group, the University Partnership Program (UPP) develops and fosters relationships with universities around the world to help us deliver tomorrow’s energy. These relationships are intended to help deliver a future world class workforce, enhance community engagement, foster research relationships and support business development.
“Chevron is proud to continue its support of The University of Texas through our University Partnership Program,” said Paul Siegele, Chevron’s Energy Technology Company president. “Our partnership with UT is a strategic part of Chevron’s efforts to hire top-quality students, who are necessary to help us meet energy demands around the world. We believe that initiatives such as the new Chevron Teaching Lab for the Jackson School of Geosciences will help train UT students in geology and other disciplines and be a great tool to help achieve academic excellence for the university.”
Including its latest contribution in 2013, Chevron’s cumulative philanthropic giving to the university stands at more than $42 million. Chevron’s donations have been used to renovate several UT laboratories including:
- Teaching Laboratory for the Jackson School of Geosciences
- Geoimaging and Microscopy Teaching Laboratory
- Petroleum and Geosystems Engineering Physical Chemistry Laboratory
- Geomechanics Laboratory
- Geoscience Laboratory for Analysis of Seismic and Subsurface Data
- Production Lab Renovation
- MIS NetLab Renovation
- Enhanced Oil Recovery Laboratory
- University of Texas Bureau of Economic Geology Core Facility