Chevron Plans Heavy Investment in South Korea’s Refining and Petrochemicals

Chevron, a global energy leader, is significantly increasing its investments in South Korea’s refining and petrochemical industries. At the Asia Pacific Petroleum Conference (APPEC) in September 2025, Chevron’s President of International Downstream, Brant Fish, announced plans to go “investment heavy” in South Korea, focusing on petrochemical expansion and heavy oil upgrading. This strategic move underscores South Korea’s pivotal role in Chevron’s global operations and highlights the country’s importance in the energy sector.