Chevron invested **** billion U.S. dollars in its upstream business segment in 2022. Capital expenditure in the downstream segment was only about a fifth of upstream investments, with the overall total also significantly higher compared to the previous years. Chevron is a California-based multinational oil and gas company and considered one of the Big Oil supermajors.
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Chevron. (February 23, 2023). Capital and exploratory expenditures of Chevron from 2016 to 2022, by business segment (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 24, 2026, from /statistics/977954/chevron-capital-exploratory-expenditures-globally-by-business-segment/
Chevron. "Capital and exploratory expenditures of Chevron from 2016 to 2022, by business segment (in million U.S. dollars)." Chart. February 23, 2023. ÌÇÐÄÆƽâ°æ. Accessed July 24, 2026. /statistics/977954/chevron-capital-exploratory-expenditures-globally-by-business-segment/
Chevron. (2023). Capital and exploratory expenditures of Chevron from 2016 to 2022, by business segment (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 24, 2026. /statistics/977954/chevron-capital-exploratory-expenditures-globally-by-business-segment/
Chevron. "Capital and Exploratory Expenditures of Chevron from 2016 to 2022, by Business Segment (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 23 Feb 2023, /statistics/977954/chevron-capital-exploratory-expenditures-globally-by-business-segment/
Chevron, Capital and exploratory expenditures of Chevron from 2016 to 2022, by business segment (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/977954/chevron-capital-exploratory-expenditures-globally-by-business-segment/ (last visited July 24, 2026)
Capital and exploratory expenditures of Chevron from 2016 to 2022, by business segment (in million U.S. dollars) [Graph], Chevron, February 23, 2023. [Online]. Available: /statistics/977954/chevron-capital-exploratory-expenditures-globally-by-business-segment/
