Chevron Corp. has regiggered its global natural gas and oil portfolio over the past year, with the priority today going to the “highest value investments,” CFO Pierre Breber said Friday.
Breber shared some insight into first quarter performance and the outlook ahead during a conference call. He explained how the San Ramon, CA-based energy major has reshuffled the portfolio during the pandemic while integrating Noble Energy Inc. operations. 

Chevron Permian

With Noble, Chevron captured a cupboard of global natural gas prospects across the Eastern Mediterranean which blend with its solid basket of liquefied natural gas (LNG) projects in Australia and beyond. 

“As we focused our activities on the highest value Investments, we also worked hard to preserve the value of the projects we were...