EXPLORATION

Chevron to focus on large projects

CHEVRON has trimmed its 2010 exploration budget by 5% to $US21.6 billion ($A23.5 billion) but wil...

Chevron to focus on large projects

The company said about 80% or $US17.3 billion would be spent on upstream oil and gas exploration projects worldwide. "Much of our 2010 spending continues to be on large, multi-year projects consistent...

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