Chevron guts spending by most since ’03 as profit takes dive

SAN RAMON, California -- Chevron Corp. slashed its drilling budget by the most in 12 years and said it may delay some shale projects as energy producers around the world hoard cash and curtail ambitions in response to free-falling oil prices. More »
Chevron guts spending by most since ’03 as profit takes dive Chevron guts spending by most since ’03 as profit takes dive Reviewed by Crude Oil Facilitators on 16:31 Rating: 5

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