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Chevron greenlights $2B+ Leviathan expansion

Chevron and its Israeli partners, NewMed Energy and Ratio, reached a Final Investment Decision on expanding the Leviathan platform to roughly 21 BCM/year capacity. The project is slated to add three wells, subsea infrastructure and platform upgrades, with expanded facilities expected to begin operating toward the end of the decade.

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Courtroom-sketch editorial illustration of an oil pumpjack; general energy-market context.

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