Chevron expects $10 billion-$11 billion charge in fourth quarter - CNBC

Chevron expects $10 billion-$11 billion charge in fourth quarter - CNBC

The second-largest U.S. oil company also said it will reduce funding to the various gas-related opportunities.

U.S. oil major Chevron Corp said on Tuesday it is evaluating strategic alternatives, including divestment of gas-related assets in Appalachia shale, Kitimat LNG, and other international projects. Chevron, which set a 2020 spending program of $20 billion, sai… [+847 chars]

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