Chevron (CVX) Begins Critical Repairs on Wheatstone Platform
Chevron(CVX) ZACKS·2024-06-17 13:15
Chevron Corporation (CVX) , an integrated oil and gas company, initiated repair activities on the Wheatstone platform in Australia. These repairs are critical and expected to be completed in the coming weeks, per a spokesperson's statement. Once the repairs are safely completed, liquefied natural gas (“LNG”) and domestic gas production will resume, ensuring a stable supply to its customers in East Asia.Significance of the Wheatstone PlatformThe Wheatstone platform is a key asset in CVX's portfolio, playing ...