Chevron Corporation has reportedly chosen not to invest in Woodside Energy Group’s upcoming acquisition of Driftwood LNG in Louisiana, sticking to its ‘buy-rather-than-build’ strategy for US gas. Despite recent interest rate reductions, Chevron’s focus remains on upstream and downstream investments, leaving midstream infrastructure to others. This decision comes after Chevron announced its intention to increase international sales of Permian Basin production, relying on LNG offtake contracts. While Chevron is exploring ways to reduce methane emissions through engine conversion on its LNG carriers, its stance on LNG plant construction remains uncertain.