oil & gas assets
You have accessed this news story:

A&D - Chevron weighs Appalachian Basin shale divestment - December 2019



Feed Icon
Pressured by a lower gas price outlook, Chevron announced it is evaluating strategic alternatives including divestment for its Appalachian Basin shale position, the Kitimat LNG project in British Columbia, and other natural gas assets overseas. It is reducing funding to these assets next year while keeping overall capex flat at $20 billion for the third straight year. The supermajor said it expects its Q4 results to reflect after-tax impairments totaling $10-11 billion, more than......
 
Provide your credentials to access this page

Member Area: Log in if you have a PLS web account or Sign up for internet access now.

PLS Web Client?
Log in to proceed







Sign up for PLS Reports
& Web Access!


Already subscribed to Reports?
Sign up for Web Access!
Search For More News