Chevron Corp Q3 2021 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Paul Cheng - Scotiabank Global Banking and Markets, Research Division - Analyst : Two questions, please? First one is for Mark. Mark, you guys did the Pasadena refinery and at the time, you're saying that it's a one-off because it complemented your Pascagoula refinery. There's a lot -- quite a lot of refinery available for sale in here. So I wanted to see with the substantial amount of the refining capacity being shut, does it change the way that how you're looking at that business or that you think you already have sufficient of the capacity and supplementary and you really don't need to add? And also in the retail marketing, some of your peers that have been aggressively building that up and including in the U.S. and you guys have out of that business for more than 10 years. I mean is there any plan to going back so that on the energy transition, including in the EV charger and all that? The second question is for Pierre. You talked about, say, the TCO dividend. How about the Angola LNG? Can you give us some idea that if the current commodity price hold, should we assume every year that both Angola LNG and the TCO is going to pay the dividend? And any kind of sensitivity you can provide that if the change in the oil price, how that impact on that dividend payout going to look like?