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flag Chevron plans $18–19B in 2026 spending on U.S. shale and global projects, boosting output to 2M barrels/day.

flag Chevron plans $18–19 billion in 2026 capital spending, focusing on U.S. shale and offshore projects in Guyana, the Eastern Mediterranean, and the Gulf of Mexico. flag About $9 billion will go to U.S. upstream operations, including shale, aiming for over 2 million barrels of oil equivalent per day. flag The company emphasized cost efficiency, high-return projects, and shareholder returns, following its $55 billion acquisition of Hess, which added stakes in Guyana’s Stabroek Block and Bakken shale. flag Downstream spending will be about $1 billion.

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