Post Tagged with: "major restructuring"

Source: Reuters

Chevron tightens belt again with billions in spending cuts

Reuters


U.S. oil major Chevron Corp on Thursday cut billions off its long-term capital and exploratory budget even after a major restructuring of its operations as it tries to ride out a collapse in oil prices and preserve its dividend.…

December 3, 2020 - 3:30 pm Closing Bell Story‎, Crude Oil News, Energy News