Chevron Announces $20 Billion in Capital Spending in 2019, an Industrial Info News Alert

SUGAR LAND, Texas, Dec. 11, 2018 /PRNewswire/ -- Researched by Industrial Info Resources (Sugar Land, Texas)--Chevron Corporation (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.

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