Chevron Reaps Rewards from Gorgon, North American Projects as Wheatstone LNG Nears Production

SUGAR LAND--August 1, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) benefited from two of its highest-profile developments in its most recent quarter: the Gorgon liquefied natural gas (LNG) project in Australia ran above nameplate capacity, and its Permian Basin assets saw record production. The company's highly anticipated Wheatstone LNG Project is expected to see first production next month. But, as with many other exploration and production companies in the past quarter, Chevron is paring spending for the foreseeable future. Within this article: Details on some of the nearly $98 billion in active projects involving Chevron that are being tracked by Industrial Info, including the Gorgon and Wheatstone facilities, and major work throughout North America. Other companies featured: Exxon Mobil Corporation (NYSE:XOM), Suncor Energy (NYSE:SU), Statoil ASA (NYSE:STO)