Chevron Corp., readying for its first major oil and natural gas production expansion in years, last week announced a 20% hike to its exploration and development spending for the coming year. In contrast, ConocoPhillips slashed its capital budget for 2007, and it warned that if service costs continue to escalate, its medium-term oil and natural gas production likely will be impacted.
Readying
Articles from Readying
Dynegy Begins ‘Bolt-on’ Projects, to Consider ‘Modest’ Acquisitions
Two years after the company suffered from a near-death experience, Dynegy Inc. is now readying “bolt-on” projects to improve its current fleet of generators and natural gas midstream assets, CEO Bruce Williamson said Thursday.
September 13, 2004
Dynegy Begins ‘Bolt-on’ Projects, to Consider ‘Modest’ Acquisitions
Two years after the company suffered from a near-death experience, Dynegy Inc. is now readying “bolt-on” projects to improve its current fleet of generators and natural gas midstream assets, CEO Bruce Williamson said Thursday.
September 10, 2004
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