CHEVRON will shave around US$6 billion from its total capital and exploratory guidance through to 2025 as it attempts to preserve its dividend during the oil price maelstrom of 2020.
Chevron chairman and CEO Michael Wirth.
The company announced its budget overnight, saying it expects total capex and exploration spending will be between $14-16 billion, well short of its previous forecast of $22 billion.
Engineering and project services across upstream, midstream and downstream
Chevron makes FID on Jansz-Io Compression
Tamboran ramping up Top End work
The future of frontline operations
Tamboran ramping up Top End work
The future of frontline operations
