Saturday, September 6, 2025
Chevron charge points to billions more in gas writedowns: analysts- oil and gas 360

Chevron charge points to billions more in gas writedowns: analysts

Reuters Oil and gas producers could wipe billions of dollars more off the value of U.S. natural gas assets in the months ahead, analysts said on Wednesday, after Chevron Corp became the fourth oil major to slash its estimates for sector values. A long, steady increase in U.S. gas production – much of it a byproduct of the shale oil