Chevron Profits Nearly Halved by Low Oil Prices in First-Quarter 2015, Cuts Capex for Year to $35 Billion, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 05/04/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Chevron Corporation (NYSE:CVX) (San Ramon, California) met the same fate in first-quarter 2015 as many other as it took a serious hit from sharply lower oil prices, which depleted revenue and earnings in the Upstream segment, and nearly halved earnings overall. Industrial Info is tracking roughly $144 billion in active projects involving Chevron.
Within this article: Details on Chevron''s quarter and projects, including the addition of an ethylene cracker at a olefins and resins facility in Texas.
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Datum: 04.05.2015 - 04:00 Uhr
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