Chevron expects $10 billion-$11 billion charge in fourth quarter; plans asset sales
(Reuters) – U.S. oil major Chevron Corp (CVX.N) on Tuesday said it expects to write down the value of its assets $10 billion to $11 billion this quarter and is considering selling some natural gas projects to prepare for long term low prices. FILE PHOTO: An entrance sign at the Chevron refinery, located near the Houston Ship Channel, is seen...
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