Chevron unveils 2026 capex plan of USD 18–19 billion

Chevron Corporation has announced an organic capital expenditure (capex) budget of USD 18-19 billion for 2026, placing it at the lower end of the company’s long-term guidance range. Affiliate capital expenditure is forecast at USD 1.3–1.7 billion. Chevron Chairman and Chief Executive Mike Wirth said the programme…

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