AUSTRALIA

Coleman backs Chevron on Wheatstone

WOODSIDE CEO Peter Coleman has backed Chevron's decision to delay the $US29 billion Wheatstone LNG project despite expressing disappointment about the project, which accounted for the bulk of the Perth oiler's charges for 2014-15 after lowering its oil price assumptions.

Anthony Barich

Coleman also remained adamant that the Wheatstone project was a worthwhile investment having splurged $2.817 billion on Apache Corporation's LNG and oil assets in Australia, including a 13% stake in Wheatstone,...

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