Chevron announces $26.6 billion 2016 capital, exploratory budget

$11 billion for current major capital projects, $3 billion for exploratory projects awaiting approval SAN RAMON, Calif. – Chevron Corporation today announced a $26.6 billion capital and exploratory investment program for 2016. Included in the 2016 program are $4.5 billion of planned expenditures by affiliates. The 2016 budget is 24% lower than total expected investments for 2015. […]

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