Chevron plans $19.8bn capital, exploratory budget for 2017

08 December 2016, Houston — For a fourth consecutive year, Chevron Corp. will reduce spending in its capital budget, which is expected to make its 2017 capital investment plan less than that for 2016 by about 15 percent. Chairman and CEO John Watson said the $19.8-billion plan – representing a 42-percent drop from 2015 – […] More »