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Oil Major Chevron Makes Billions in Spending Cuts Despite Restructuring

2020-12-03 19:05:00| OGI

Chevron's 2021 Permian Basin spending of $2 billion is half of what it planned at the start of 2020 and lower than 2019 levels of $3.6 billion, says Biraj Borkhataria from RBC Capital Markets.

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