Angola, Cleaner, Oil and Production

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

Green Car Congress

DECEMBER 8, 2011

We believe these investments will yield significant production growth and reward our shareholders for years to come. By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 billion is planned for exploration and production activities, including major natural gas-related projects.

Chevron

Chevron 2012 Angola Saudi Arabia

INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

Green Car Congress

JANUARY 13, 2012

Ichthys will develop approximately 3 billion barrels oil equivalent of reserves, including around 500 million barrels of condensate. First production is expected at the end of 2016. Ichthys will provide a long-term stable supply of cleaner energy to. The entire annual production of LNG from the Ichthys project (8.4

Australia

Australia United Arab Emirates Yemen Angola

EV Driven

Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

INPEX and Total launch the $34B Ichthys offshore Australia LNG Project; entire 8.5 Mt/y LNG output already sold for 15 years

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