Chevron Eyes Argentina, Mediterranean for Global LNG Growth, Deal with India
Chevron is targeting new supply deals and projects as buyers seek more secure LNG sources after market disruptions.
8 Articles
8 Articles
Chevron Targets Four Continents in New LNG Expansion Drive
Chevron is looking at expanding its natural gas business and opportunities in Argentina, the Mediterranean, Africa, and Australia, as it aims to offer diversified LNG supply to its customers, Freeman Shaheen, President of Global Gas at Chevron, told Reuters on Monday. The energy crisis in the wake of the Middle East conflict that trapped LNG supply from Qatar and the United Arab Emirates (UAE) has prompted buyers to seek diversification and dive…
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Kathimerini English EditionChevron eyes Argentina, Mediterranean for global LNG growth, deal with India
Chevron plans to expand its LNG portfolio to about 20 Mtpa, pursuing projects in Argentina, the East Mediterranean, Australia and Africa as buyers seek diversified supply after disruptions in the Middle East and Ukraine.
Chevron Expands LNG Ambitions as Global Energy Security Returns to Center Stage
This article first appeared on GuruFocus. Chevron's global gas ambitions moved further into focus Monday as supply shocks put energy security back on investors' radar. Chevron (NYSE:CVX), the global integrated oil and gas producer, traded at $214.275 while management mapped out potential LNG…
The company also stated that, together with its partners, it will invest more than $7 billion to double oil production in Venezuela in 2031.
Chevron is looking to expand its international natural gas portfolio from Argentina to the Eastern Mediterranean as rising demand from buyers seeking greater energy security creates new opportunities, especially amid the Middle East crisis. Chevron’s president of Global Gas, Freeman Shaheen, said international natural gas markets have faced two major shocks in four years. The war in Ukraine in 2022 and this year’s conflict with Iran have affecte…
The Eastern Mediterranean is high on Chevron's investment radar as the US energy giant seeks new opportunities to expand its global natural gas and LNG portfolio, in a development with particular interest in Cyprus as well. In an interview with Reuters on the sidelines of the Gastech conference in Bangkok, Chevron Global Gas Chairman Freeman Shaheen said the company was looking at opportunities from Argentina to the Eastern Mediterranean, Austra…
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