More than Half of Chevron's Capex Set for U.S.

December 5, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--U.S.-based supermajor Chevron Corporation (Houston, Texas) said that about $10.5 billion, more than half of its planned budget for next year, would target operations in the domestic market.The company reported Wednesday, after U.S. markets closed, that it planned to spend between $18 billion and $19 billion for 2026. That's at the low end of its long-term guidance range of between $18 billion and $21 b