Chevron budget priorities

Written by  John McKay
Thursday, 10 December 2015
Free Read

Nov 10 (LNGJ) - Chevron Corp., whose LNG projects under construction include the Gorgon and Wheatstone ventures in Western Australia, announced a $26.6 billion investment programme for 2016, a drop of 24 percent compared with the current year. Included in the 2016 programme are $4.5Bln of planned expenditures by affiliates. "Our capital budget will enable us to complete and ramp-up projects under construction, fund high return, short-cycle investments, preserve options for viable long-cycle projects and ensure safe, reliable operations," said Chairman and Chief Executive John Watson.

Last modified on Thursday, 10 December 2015 08:26
Rate this item
(0 votes)

Related Video

Free Read