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Chevron Unveils Lower Capex Plans for 2025

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Published:
Thu, Dec 5, 2024
Author
Marc Roussot, Houston
Editor
Chris Raine
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LesPalenik/Shutterstock

Chevron on Thursday said it plans to spend some $14.5 billion-$15.5 billion in 2025, down about $1 billion from this year, and will take about $1.5 billion in impairments in the fourth quarter.

Topics:
Corporate Strategy, Capital Spending, Majors, Shale, Offshore Oil and Gas, LNG Supply, LNG Projects
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