LNG

Chevron Corp., the oil and gas major and leading LNG producer, said the mandatory retirement age for President and Chief Executive Mike Wirth had been waived by the company and he would be staying on as Chevron also provided a preview of likely second-quarter earnings.

ExxonMobil said it was making “great progress” on liquefied natural gas, with the Golden Pass project in Texas on track, and in energy projects around the world that will be critical to achieving its growth plans as it gave an overview of investment and delivery commitments.