Chevron Announces a Disciplined $18-$19B Capex Plan for 2026

Key Takeaways Chevron sets a disciplined 2026 capex plan of $18-$19B, prioritizing high-return projects and efficiency.More than half of CVX's 2026 spending targets U.S. operations, with a major focus on shale and offshore.CVX allocates about $1B to lower-carbon efforts, while affiliate capex supports large petrochemical projects.Chevron Corporation (CVX) has outlined its capital expenditure program for 2026, setting an organic budget range of $18-$19 billion. The plan sits at the lower end of the company’s ...