{"id":326170,"date":"2026-01-02T23:34:15","date_gmt":"2026-01-03T03:34:15","guid":{"rendered":"https:\/\/inspenet.com\/noticias\/chevron-projects-investment-of-up-to-us19-billion-by-2026\/"},"modified":"2026-01-05T08:59:04","modified_gmt":"2026-01-05T12:59:04","slug":"chevron-projects-investment-of-up-to-us19-billion-by-2026","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/chevron-projects-investment-of-up-to-us19-billion-by-2026\/","title":{"rendered":"Chevron projects investment of up to US$19 billion by 2026"},"content":{"rendered":"\n<p><strong>Chevron <\/strong>has announced a capital expenditure budget of between US$18 billion and US$19 billion by 2026, consolidating its strategy of concentrating resources on highly profitable assets and operational optimization. The figure is located at the lower end of its long-term projection, and seeks to strengthen its position as a major player in the global energy sector. <\/p>\n\n<h2 class=\"wp-block-heading\">Chevron&#8217;s focus is on the United States and Guyana.<\/h2>\n\n<p>The U.S. oil company has set aside close to $10.5 billion for projects within the United States. Approximately $6 billion is earmarked for unconventional extraction areas such as the Permian Basin. <strong><a href=\"https:\/\/inspenet.com\/en\/news\/chevron-modernizes-pasadena-refinery-to-expand-production-capacity-and-flexibility\/\" data-type=\"post\" data-id=\"214377\">Permian Basin<\/a><\/strong>and <strong>the <\/strong> <strong>Gulf of Mexico<\/strong>. These regions will help maintain domestic production in excess of two million barrels of oil equivalent per day.  <\/p>\n\n<p>Internationally, <em>Chevron<\/em> will commit about $7 billion to offshore operations, focusing on growth in Guyana, the eastern Mediterranean and the Gulf of America. The investment includes approximately $400 million in capitalized interests, mainly related to its assets in Guyana. <\/p>\n\n<p>Expected spending for the <strong>downstream segment<\/strong> amounts to close to US$1 billion, of which 75% will be channeled to projects in the United States. This allocation also includes a $1 billion budget for initiatives aimed at reducing the carbon intensity of its operations and promoting the development of emerging energy businesses. <\/p>\n\n<p>Affiliates will also play a key role in the 2026 budget. <strong>Chevron Phillips Chemical <\/strong>will concentrate almost half of the spending allocated to affiliates to advance the construction of two new industrial facilities, which are expected to come on line in 2027. <strong>Tengizchevroil <\/strong>will receive approximately a quarter of the total spending allocated to affiliates, consolidating its participation in the overall investment strategy. <\/p>\n\n<p>Chevron President and CEO Mike Wirth said capital planning for 2026 responds to a disciplined strategy that prioritizes operating efficiency and shareholder return. With this approach, Chevron seeks to ensure strong cash flows while driving investments that reinforce its long-term value. <\/p>\n\n<p><strong>Source and photo: <a href=\"https:\/\/www.chevron.com\/newsroom\/2025\/q4\/chevron-announces-2026-capex-budget-of-18-to-19-billion\" target=\"_blank\" rel=\"noopener\">Chevron<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The integration of upstream projects, downstream optimization and transition to cleaner energy define the company&#8217;s roadmap for the coming year.<\/p>\n","protected":false},"author":8404,"featured_media":326016,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13036],"etiqueta_noticias":[],"class_list":["post-326170","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-oil-and-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/326170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/8404"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=326170"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/326170\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/326016"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=326170"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=326170"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=326170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}