Chevron (CVX.N), opens new tab does not want to invest in the construction of U.S. LNG plants, as it is not the best use of the company's capital and it can easily sell its U.S. gas, said a top official on Thursday.
The head of Chevron's midstream, Colin Parfitt, also ruled out taking an equity stake in Woodside Energy's (WDS.AX), opens new tab impending purchase of Louisiana-based Driftwood LNG.
Read Full Article »
