Chevron and Partners Approve $2 Billion for Gorgon Gas Project Expansion
ByAinvest
Thursday, Dec 4, 2025 7:58 pm ET1min read
CVX--
Chevron and its joint venture partners have approved a $2 billion investment to further develop the Gorgon natural gas project in Western Australia. The project will involve connecting two offshore gas fields to existing infrastructure and processing facilities on Barrow Island, as well as drilling six wells. Gorgon is the largest resource development in Australia's history, producing 15.6 million tons of liquefied natural gas per year.
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue
Comments
No comments yet