Chevron Restarts Operations at Leviathan Gas Field After Ceasefire

Key Takeaways CVX has restarted gas output at Leviathan after a security-driven shutdown on June 13. Leviathan supplies 15-20% of Egypt's energy demand, restoring flows after a huge loss. Leviathan aims to boost gas output from 12 bcm to 14 bcm annually by 2026 to meet regional needs.Chevron Corporation (CVX) has resumed operations at the Leviathan natural gas field off Israel’s Mediterranean coast following a temporary suspension triggered by the Iran-Israel conflict. The restart comes after a ceasefire ...