Chevron Signs Major LNG Agreement With Energy Transfer's Lake Charles
Chevron(CVX) ZACKS·2024-12-23 14:15
Chevron Corporation (CVX) , one of the largest publicly traded oil and gas companies in the world, recently entered into a landmark 20-year agreement with Energy Transfer (ET) , securing a significant supply of liquefied natural gas (“LNG”) from the latter’s Lake Charles terminal in Louisiana. This deal marks a critical moment in the U.S. energy sector and sets the stage for a deeper integration of U.S. LNG in global markets. As global demand for clean and reliable energy sources grows, this agreement highl ...