Chevron takes action in response to the changing market
Published by Lydia Woellwarth,
Editor
World Pipelines,
Chevron Corporation has announced several steps it is taking in response to market conditions. “With an industry leading balance sheet and a flexible capital programme, we believe Chevron is resilient and positioned to withstand this challenging environment,” said Chevron Chairman and CEO Michael Wirth. “Given the decline in commodity prices, we are taking actions expected to preserve cash, support our balance sheet strength, lower short-term production, and preserve long-term value.”
To read the full article
"Chevron takes action in response to the changing market"
Please sign in or register for FREE
Sign in »
Register for free »
Get started absolutely FREE in 2 minutes, plus receive a free printed magazine.
Read the article online at: https://www.worldpipelines.com/business-news/25032020/chevron-takes-action-in-response-to-the-changing-market/
You might also like
World Pipelines Podcast: Going global with IPLOCA
In this episode, Elizabeth Corner speaks to Georges Hage, Executive Secretary at IPLOCA, about IPLOCA's insights on the culture and characteristics of the pipeline contractor community, and how it works to support sustainable energy infrastructure.
Transforming pipeline operations with advanced analytics and monitoring
Shaista Mallik, Seeq, describes how advanced analytics, AI, and monitoring platforms are facilitating digital transformation in the oil and gas sector, providing dramatic increases in safety, compliance, uptime, and efficiency.
