Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change
Green Car Congress
DECEMBER 8, 2011
Chevron Corporation announced a $32.7 billion capital and exploratory spending program for 2012. Included in the 2012 program are $3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron. Global exploration funding is expected to be $3 billion in 2012. Spending of $28.5
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