Chevron

Chevron and Partners Approve $2 Billion for Gorgon Gas Project Expansion

Chevron Continues to Send Employees to Venezuela Despite US Aviation Safety Warnings

Chevron Flies Employees to Venezuela Amid FAA Warning and Satellite Interference.

Chevron Unveils Disciplined 2026 Capex Plan of $18-$19B, Focusing on High-Return Projects and Operational Discipline

Exxon Mobil

Turkey Seeks Investments in US Oil and Gas Fields Amid LNG Expansion

Catalyst<ul> <li>Most analysts rate CVX Buy or Strong Buy, showing broad institutional optimism.</li></ul>Risk<ul> <li>Technical indicators show that the market is in a volatile state and the direction is not clear enough.</li> <li>Bearish signals are obviously dominant in the recent technical analysis.</li> <li>Fund flow trends show negative overall inflow with large and extra-large orders trending negatively.</li></ul>

Key Factors

Chevron greenlights $3 billion Gorgon expansion to sustain 15.6 million tons of annual LNG output in Western Australia.Chevron announces 2026 capex budget of $18-$19 billion, focusing on high-return U.S. shale and offshore projects.Chevron approves $2 billion Gorgon project expansion to connect new gas fields in Western Australia.Chevron plans to continue Venezuela operations amid U.S. sanctions and aviation safety concerns.TotalEnergies sells 40% stake in Nigerian offshore licenses to Chevron for joint development.

CVX News