Chevron unveils $26B spending budget for 2011

12/9/2010 | Yahoo! · American City Business Journals

Chevron will invest $26 billion next year, mostly in exploration and production focused on the U.S. Gulf of Mexico, Gulf of Thailand and western Australia. "We have an unparalleled set of opportunities. Our previous investments have performed well, giving us the cash and financial strength to fund numerous attractive projects in rapid succession," said John Watson, chairman and CEO of Chevron.

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Yahoo! · American City Business Journals