Chevron’s Gorgon project, located in Western Australia, has received approval for a $2 billion investment. The project is operated by Chevron and aims to extract natural gas from the Gorgon and Jansz-Io fields. The investment will help boost production and strengthen Australia’s position in the liquefied natural gas market.

Read more at Investing.com: Chevron-operated Gorgon project secures $2 billion investment nod