The Future Is Only 3 Years Away, and It's Located in the Pacific

Liquified natural gas is only set to grow in importance. According to Chevron  (NYSE: CVX  ) , demand will double by 2025. That's why the company, along with Apache Corp. (NYSE: APA  ) , ExxonMobil (NYSE: XOM  ) , and Royal Dutch Shell (NYSE: RDS-A  ) , is completing $80 billion worth of LNG projects off the coast of Australia.

Through these two projects, Chevron anticipates increasing its Asia-Pacific production by 45% once 2018 rolls around. Next year will see the first production from the company's Gorgon project, followed shortly thereafter with the slightly less expensive Wheatstone facility. For more information, tune in to the following short video clip. 

Offshore drilling is vitally important to this industry leader as well
Imagine a company that rents a very specific and valuable piece of machinery for $41,000 per hour. (That's almost as much as the average American makes in a year!) And Warren Buffett is so confident in this company's can't-live-without-it business model, he just loaded up on 8.8 million shares. An exclusive, brand-new Motley Fool report reveals the company we're calling OPEC's Worst Nightmare. Just click here to uncover the name of this industry-leading stock, and join Buffett in his quest for a veritable landslide of profits!

This segment is from Thursday's edition of Digging for Value, in which sector analysts Joel South and Taylor Muckerman discuss energy and materials news with host Alison Southwick. The twice-weekly show can be viewed on Tuesdays and Thursdays. It can also be found on Twitter, along with our extended coverage of the energy and materials sectors: @TMFEnergy.

Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2877366, ~/Articles/ArticleHandler.aspx, 9/3/2015 11:19:21 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Taylor Muckerman

Taylor is an Associate GM in our Fool International operations. Prior to that he covered all things Energy + Materials as an analyst. Over the years, he has built an investing skill set to rely on when evaluating companies inside and out. While at the Fool, he has made appearances on CNBC and Fox Business. In addition, he completed his MBA at the University of Maryland and will sit for the Level II CFA Exam.

Today's Market

updated Moments ago Sponsored by:
DOW 16,527.69 176.31 1.08%
S&P 500 1,972.22 23.36 1.20%
NASD 4,791.32 41.34 0.87%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/3/2015 11:03 AM
APA $44.66 Up +1.44 +3.33%
Apache Corp CAPS Rating: ****
CVX $79.25 Up +1.19 +1.52%
Chevron CAPS Rating: ****
LNG $60.23 Up +0.29 +0.48%
Cheniere Energy, I… CAPS Rating: ***
RDS-A $51.40 Up +0.42 +0.82%
Royal Dutch Shell… CAPS Rating: ****
XOM $74.75 Up +1.52 +2.08%
ExxonMobil Corp CAPS Rating: ****