MARKETS

CIMIC takes big $1 billion hit after Chevron wins court dispute

Accounts cause for serious concern if history repeats itself

CIMIC takes big $1 billion hit after Chevron wins court dispute

  CIMIC began court proceedings in the US against Chevron and KBR in 2016, claiming damages of more than $1.15 billion, over delays to do with the jetty at the Gorgon LNG project.  The construction...

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