Chevron ceases Leviathan Gas operations due to security issues [Yahoo! Finance]
Chevron Corporation (CVX)
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Source: Yahoo! Finance
Chevron has announced force majeure at the Leviathan natural gas field in Israel following a government directive to halt operations due to security concerns. This decision aligns with the Israeli Energy Ministry's instructions after joint US-Israeli military activities targeting Iran led to regional retaliatory actions. Authorities have confirmed the suspension of gas production at Leviathan, citing security requirements as the basis for this action. The Commissioner of Petroleum Affairs has been granted authority to provide additional operational guidance in response to changing security assessments. Chevron has also received notification from the Commissioner to prepare for adaptable operations at Leviathan, which may include periodic production halts based on continuous evaluations of the security situation. This marks the second disruption in less than a year linked to hostilities with Iran affecting gas flow in the Eastern Mediterranean. The Leviathan gas field is s
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CVX
News
- Analysts expect Bay Area gas prices to rise due to U.S.-Israeli intervention in Iran [CBS News]CBS News
- 3 Top Oil Stocks to Buy in March [Yahoo! Finance]Yahoo! Finance
- Chevron Corporation (CVX) Upgraded to Buy as Hess Acquisition Strengthens Guyana Exposure [Yahoo! Finance]Yahoo! Finance
- Chevron Leviathan Shutdown Tests Resilience Of CVX Valuation And Momentum [Yahoo! Finance]Yahoo! Finance
- Chevron Declares Force Majeure as Israel Shuts Leviathan Gas Field [Yahoo! Finance]Yahoo! Finance
CVX
Earnings
- 1/30/26 - Beat
CVX
Sec Filings
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- 3/3/26 - Form 4
- CVX's page on the SEC website