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Chevron's $91 Billion in Projects Led by Major Offshore, Refining Ventures

oil_gas_production

Industry Segment: Production | Word Count: 691 Words
Attachment: Chevron Projects, April 2018

SUGAR LAND--April 30, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--With oil prices at their highest levels since late 2014, Chevron Corporation's (NYSE:CVX) (San Ramon, California) first-quarter profits for its upstream division were double those from the same period last year, fueling optimism for the oil giant's capital-spending plans for 2018 and beyond. Industrial Info is tracking $91.3 billion in active projects from Chevron, including more than $60 billion worth that are under construction or in their advanced engineering phases.

Within this article: Details on some of the highest-valued projects from Chevron, including the Wheatstone LNG project in Australia, the Big Foot offshore project in the Gulf of Mexico, and a major refinery overhaul in California.

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