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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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Another 11% is associated with the company’s downstream businesses that manufacture, transport and sell gasoline, diesel fuel and other refined products, fuel and lubricant additives, and petrochemicals. First production is expected in 2016. Kazakhstan/Russia: Caspian Pipeline expansion. Spending of $28.5 Capital spending of $3.6

Chevron 170