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Mar 12, 2014
Mar 11, 2014
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Mar 11, 2014

Chevron cuts production outlook on delays, rising costs

NEW YORK, March 11 (Reuters) – Chevron Corp, the
second-largest U.S. oil company, cut expectations for its 2017
production on Tuesday by 6 percent, citing lower natural gas
prices, rising costs and project delays.

The company, like many of its peers, has seen mixed results
from spending heavily to lift oil and natural gas production,
and shareholders in the sector are pushing for more cost
discipline.

Mar 11, 2014
Mar 11, 2014
Mar 11, 2014