Chevron records US$8.3 billion loss

CHEVRON Corporation recorded a US$8.3 billion (A$11.6 billion) loss in its quarterly results on Friday including $1.8 billion in impairments and $870 million in redundancy payments, lower than some of its peers including fellow Australian LNG exporter Woodside, which impaired most of its Western Australia LNG assets in early July.

Chevron records US$8.3 billion loss Chevron records US$8.3 billion loss Chevron records US$8.3 billion loss Chevron records US$8.3 billion loss Chevron records US$8.3 billion loss