Chevron cuts spending plans as coronavirus hammers oil demand – The Wall Street Journal

Chevron cuts spending plans as coronavirus hammers oil demand – The Wall Street Journal

Chevron Corp. said it would cut its annual capital spending budget by 26% next year and sharply through the middle of the decade, as the coronavirus pandemic forces industry-wide reassessment of investments in fossil fuels. Chevron said it would spend $ 14 billion next year and no more than $ 16 billion per year until […]
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