Chevron Corporation announced Kevin McLachlan will become Vice President of Exploration, succeeding Liz Schwarze in February 2026. McLachlan brings over 30 years of experience in exploration, production, and carbon management, aligning with Chevron’s evolving strategy in a changing energy landscape.

Clay Neff, President of Chevron Upstream, praised McLachlan as an experienced energy executive with a strong track record in leading exploration organizations to industry-leading performance and value creation. Neff also commended Schwarze for her thoughtful and collaborative leadership and lasting impact on exploration performance at Chevron.

Chevron’s exploration operations remain a key component of its global upstream business, spanning major basins across the US, Africa, Latin America, and Asia-Pacific. The company emphasizes expanding oil and gas production while reducing carbon intensity and developing new businesses in renewable fuels, hydrogen, and CCS.

The leadership change at Chevron comes as oil majors reevaluate exploration strategies amid capital discipline, geopolitical shifts, and energy transition pressures. McLachlan’s background suggests Chevron will continue to pursue technically driven, high-value exploration opportunities while integrating carbon management into its upstream operations.

Read more at Yahoo Finance.: Chevron Appoints Kevin McLachlan to Lead Global Exploration