Chevron Corporation

International Oil Company
United States CVX
Website
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Active Blocks
1
Discoveries
1
Reserves (Est.)
2.9-3.7
tcf
Type
International Oil Company

About

American multinational energy corporation. Operator (35%) of Block 12 containing the Aphrodite gas field, Cyprus' first major discovery. Cyprus approved Aphrodite's development plan in February 2025 and Egypt initialed a 15-year term sheet for the field's full output in April 2026, with FID targeted for late 2026-2027 and first gas around 2030-31.

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Chevron Corporation in the News

Rigzone • Jul 24

Aphrodite Group Secures MOU for Sale of Cypriot Gas to Egypt

The Chevron-led Aphrodite consortium, Cyprus Hydrocarbons and Egyptian Natural Gas signed a memorandum of understanding to enable the piped export of 100 percent of production from the Aphrodite field to Egypt.

Offshore Energy • Jul 22

Chevron’s Cypriot gas project edges closer toward binding supply deal with Egypt

Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have made inroads in securing a binding agreement for the sale of gas to Egypt from an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Med...

Rigzone • Jul 17

Chevron, Cheniere Reps Join DOE SEAB Board

The U.S. Department of Energy announced newly appointed members of the Secretary of Energy Advisory Board.

OilPrice • Jul 17

Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports

Politics, Geopolitics & Conflict Baghdad is assembling a westward export system capable of carrying southern Iraqi crude to the Mediterranean through Syria or Turkey. Iraq has brought Chevron, U.S. investment firm Capital TI, and Qatar’s UCC into technical and financial studies for two oil export pi

OilPrice • Jul 16

Chevron Moves Closer to Iraq's Biggest Oil Prize—and a Hormuz Exit Strategy

Chevron is taking another step toward expanding its footprint in Iraq, and is set to sign two memoranda of understanding on Friday that will move the U.S. supermajor closer to developing the giant West Qurna 2 oilfield and the Nassiriya project. The agreements aren't binding, but they push negotiati

Rigzone • Jul 10

Chevron to Continue Supplying Gas to Australian Utility Alinta

Chevron signed a new agreement to supply 46 petajoules of Western Australian natural gas to Alinta over five years.

Offshore Technology • Jul 10

Chevron signs new five-year WA gas supply deal with Alinta Energy

Chevron Australia has entered into a new long-term sale and purchase agreement with Alinta Energy for the supply of natural gas from Chevron’s Western Australian gas portfolio.

OilPrice • Jul 7

Big Oil's Windfall Earnings Threaten to Reignite Trump's Price-Gouging Push

Chevron and Exxon are expected to report their best quarter since 2022 this month, as the war that the United States and Israel started against Iran on February 28 drove much tighter oil and gas supply. This could be a problem for President Trump who has already slammed Big Oil for keeping prices at

Rigzone • Jul 7

Bangchak Completes Acquisition of Chevron Hong Kong

The Thai group said it had completed the purchase of Chevron's fueling business in Hong Kong, though acquired stations continue to offer the Caltex brand for two years.

OilPrice • Jul 6

Big Oil Heads for Record Profits as Trump Turns Up the Heat on Gas Prices

The oil majors are set for windfall earnings for the second quarter, which saw crude oil prices jump to a four-year high due to the closure of the Strait of Hormuz. The earnings at both ExxonMobil and Chevron are expected to have tripled in the April to June quarter compared to the first quarter, as

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Company Details

Full Name
Chevron Corporation
Ticker
CVX
Country
United States
Type
International Oil Company
Blocks
1
Discoveries
1
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Key Events

Apr 14, 2026
Egypt to Buy All Aphrodite Gas

Egypt (EGAS) agrees to purchase 100% of Aphrodite's output over a 15-year term, delivered via a new subsea pipeline to P...

infrastructure
Dec 22, 2025
Aphrodite FEED Begins

Front-end engineering and design (FEED) work begins on the Aphrodite development, a key step toward a final investment d...

infrastructure
Feb 4, 2025
Cyprus Approves Aphrodite Development Plan

Cyprus approves the updated Aphrodite (Block 12) development and production plan submitted by Chevron, Shell and NewMed...

infrastructure
View all events →