# The expansion of Chevron's Gorgon project has received environmental approval.

*business · news · 2026-04-19 · ABC (Australian Broadcasting Corporation)*

## Key points

- Chevron's Gorgon expansion was approved before a Senate inquiry into gas taxation began.
- Chevron only started paying PRRT last year after a government change forced a payment floor.
- The PRRT lets companies indefinitely deduct expenses with interest before paying federal resource tax.
- A proposed 25% flat tax could drive effective tax rates above 80% for some gas firms.

**Companies:** Chevron
**Countries:** Australia, United States

[Read the full story on ABC (Australian Broadcasting Corporation)](https://www.abc.net.au/news/2026-04-20/gas-tax-inquiry-chevron-gorgon-approved/106575550)

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