Chevron Sees Tough Second-Quarter 2013, but Maintains Plans for $3 Billion in Upstream Projects for Year

SUGAR LAND--August 5, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) reported mostly positive results for second-quarter 2013 that slightly paled when compared with the same period last year, as market conditions for crude oil and refined products proved to be weaker. Maintenance and repair activities at U.S. refineries also had major impact on the bottom line. Industrial Info is tracking more than $126 billion in active projects involving Chevron.

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