Chevron frees up $3.6bn for fracking in the Permian

Wednesday, 02 January 2019

Boosting upstream investment, Chevron has set aside $3.6 billion for fracking in the Permian Basin out of a total $20 billion of capital spending in 2019. The decision comes as U.S. recoverable shale oil and gas reserves have been assessed at a record high. 


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