Home Chevron Tightens Belt as $40 Billion Makeover Sweeps Oil Sector
 

Keywords :   


Chevron Tightens Belt as $40 Billion Makeover Sweeps Oil Sector

2015-02-01 00:10:55| Energy - Topix.net

Chevron Corp. halted share buybacks, slowed work on new projects and announced the biggest spending cut in more than a decade as oil explorers around the world curtail ambitions to cope with free-falling oil prices. Chevron lowered its 2015 capital-spending target by 13 percent to $35 billion and halted stock repurchases that absorbed $5 billion in cash last year.

Tags: oil sector billion belt

Category:Energy and Environment

Latest from this category

All news

14.11AKB48 1st
14.11kindle 10
14.11
14.11YAMAHA PORTATONE PSR-340
14.112003 112
14.11 14533.5
14.11caligari 17
14.11 amnjx 27circus
Energy and Environment »
14.11AKB48 1st
14.11kindle 10
14.11
14.11YAMAHA PORTATONE PSR-340
14.112003 112
14.11 14533.5
14.11caligari 17
14.11 amnjx 27circus
More »