Chevron (NYSE: CVX ) is one of those massive companies with a ton of moving parts, but if you sift through all of its project pipeline, you will find that two projects stand out more than any others: The Gorgon and Wheatstone projects in Western Australia. Combined, the two represent the largest gain in production of any project the company is working on today. With over 400,000 barrels of oil equivalent production at stake, Chevron needs this project to go off without too many hitches if it plans on meeting its 20% production growth target by 2017.
For investors to understand how this project will turn out, there are two things to watch. Tune into the video below, where Fool.com contributors Tyler Crowe and Aimee Duffy take a look at this megaproject, and what makes it tick.
Major oil and gas discoveries across the globe are changing the dynamics of production and politics. This transformation is also giving some of the traditional oil powers some headaches. Much of what we see today is a result from major advancements in technology, and one behind-the-scenes energy giant is responsible for much of it. We have put together a new report called, OPEC's Worst Nightmare, which outlines the name of this game-changing energy company. Simply click here, and we'll give you free access to this valuable report.