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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 billion.

Other companies featured: Hess Corporation and Shell plc



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