LNG Shutdowns to keep Chevron’s Australian LNG production down through 2021 Technical problems at Gorgon and Wheatstone will give Chevron Australia another year of reduced LNG production while US headquarters remains hesitant about the energy transition.
Chevron Chevron slashes global spend and ignores energy transition Chevron slashes more than $US20 billion off its five-year spend due to lower demand and prices for fossil fuels but allocates just 2% of its 2022 budget to the energy transition.