Accueil > Actualité
Actualite financiere : Actualite bourse

Chevron: plans 20 billion dollar spending budget for 2019

(CercleFinance.com) - US oil giant Chevron plans to spend 20 billion dollars for capital and exploratory projects next year, the company said in a statement on Thursday.


This exceeds the 18.3 billion dollar envelope the group budgeted for capital and exploratory spending for 2018.

The San Ramon, California-based company said it expects expenditure for its upstream businesses to reach 17.3 billion dollars next year, driven by growing production assets for Texas' Permian Basin.

Its plan also includes 4.3 billion dollars to grow its Tengiz oil field in Kazakhstan.

In its downstream business, only 2.5 billion dollars of investments have been budgeted for 2019 so far.

Copyright (c) 2018 CercleFinance.com. All rights reserved.
 

societes

marches

tendances

 
Qui sommes-nous ? | Nous contacter | FAQ | Mentions légales | RSS | © Copyright 2007 Cercle Finance. Tous droits réservés.
Indices et cours différés d’au moins 15 mn | Cotations boursières fournies par ABC Bourse.