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Chevron Announces $20 Billion in Capital Spending in 2019

SUGAR LAND--December 11, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (NYSE:CVX) (San Ramon, California) recently announced that it will spend $20 billion on its capital and exploratory budget in 2019. Chevron expects to spend $19.8 billion this year. The 2019 budget marks the first spending increase for Chevron since 2014, when oil prices took a major downturn. Industrial Info is tracking more than $60 billion in active Chevron projects. Within this article: Details of major Chevron project throughout the world, including a joint venture with Exxon Mobil Corporation (NYSE:XOM) and Royal Dutch Shell (NYSE:RDS-A) Other companies featured: Fluor Corporation (NYSE:FLR)

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