Items Tagged with 'wirth'

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Chevron Plans to ‘Win in Any Environment,’ CEO Promises, as 4Q Writedowns Total $10.4B

Record production from the Permian Basin and a bevy of oil and natural gas projects worldwide was not enough to stanch the decline in commodity prices during the final quarter, as Chevron Corp. recorded a $10.4 billion impairment for assets that included the Appalachia portfolio, a natural gas export facility planned for British Columbia and a deepwater Gulf of Mexico project. Read More