LNG (LIQUIFIED NATURAL GAS)

Chevron revisiting Gorgon costs

CHEVRON will release a new capital expenditure update for its $A43 billion Gorgon LNG project by the end of the year after admitting rising labour costs, productivity issues and the strong dollar are starting to take their toll.

Marija Stojkovic

A detailed cost and timing review is underway as construction on Barrow Island is set to ramp up. In a second quarter earnings conference call, Chevron upstream vice president George Kirkland said along...

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