Sat, December 7, 2024

[ Sat, Dec 07th 2024 ]: Business Line

Two veterans start a health insurance firm: Should you take their cover?

[ Sat, Dec 07th 2024 ]: ThePrint

Minimum Government Maximum Governance is India's reform agenda: FM Sitharaman

[ Sat, Dec 07th 2024 ]: The Express Tribune

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[ Sat, Dec 07th 2024 ]: Fortune

Fortune - Fortune 500 Daily & Breaking Business News | Fortune

[ Sat, Dec 07th 2024 ]: The Globe and Mail

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[ Sat, Dec 07th 2024 ]: MSN

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[ Sat, Dec 07th 2024 ]: CTV News

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[ Sat, Dec 07th 2024 ]: Adirondack Daily Enterprise

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[ Sat, Dec 07th 2024 ]: Investopedia

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[ Sat, Dec 07th 2024 ]: Business Insider

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[ Sat, Dec 07th 2024 ]: Crain's Cleveland Business

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[ Sat, Dec 07th 2024 ]: Parkersburg News and Sentinel

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[ Sat, Dec 07th 2024 ]: Yahoo Finance

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[ Sat, Dec 07th 2024 ]: Morning Journal

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[ Sat, Dec 07th 2024 ]: AOL

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[ Sat, Dec 07th 2024 ]: The New York Times

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[ Sat, Dec 07th 2024 ]: Business Standard

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[ Sat, Dec 07th 2024 ]: NBC News

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Fri, December 6, 2024

[ Fri, Dec 06th 2024 ]: Miami Herald

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[ Fri, Dec 06th 2024 ]: Slate

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[ Fri, Dec 06th 2024 ]: Kiplinger

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[ Fri, Dec 06th 2024 ]: AOL

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[ Fri, Dec 06th 2024 ]: Seeking Alpha

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[ Fri, Dec 06th 2024 ]: bnnbloomberg

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[ Fri, Dec 06th 2024 ]: Tuko

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[ Fri, Dec 06th 2024 ]: Upstream

Chevron's 2025 capex reduction could be a precursor to other supermajor rein-ins next year

[ Fri, Dec 06th 2024 ]: ZDNet

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[ Fri, Dec 06th 2024 ]: Firstpost

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[ Fri, Dec 06th 2024 ]: Crain's Cleveland Business

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[ Fri, Dec 06th 2024 ]: Insider Monkey

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[ Fri, Dec 06th 2024 ]: cnbctv18

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[ Fri, Dec 06th 2024 ]: Business Line

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[ Fri, Dec 06th 2024 ]: businessday

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[ Fri, Dec 06th 2024 ]: Cyprus Mail

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[ Fri, Dec 06th 2024 ]: businesslive.co.za

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[ Fri, Dec 06th 2024 ]: abp LIVE

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[ Fri, Dec 06th 2024 ]: Zawya

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[ Fri, Dec 06th 2024 ]: Business Standard

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[ Fri, Dec 06th 2024 ]: Business Today

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[ Fri, Dec 06th 2024 ]: businesstech.co.za

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[ Fri, Dec 06th 2024 ]: RTE Online

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[ Fri, Dec 06th 2024 ]: MSN

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[ Fri, Dec 06th 2024 ]: Business Times

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[ Fri, Dec 06th 2024 ]: Yahoo Finance

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[ Fri, Dec 06th 2024 ]: Reuters

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[ Fri, Dec 06th 2024 ]: moneycontrol.com

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Chevron's 2025 capex reduction could be a precursor to other supermajor rein-ins next year

US operator Chevron has slashed its planned capital expenditure for next year, with cuts directed towards the company's Permian basin shale business, the company said on Thursday.
The article from Upstream Online discusses Chevron's plan to reduce its capital expenditure (capex) in 2025, which could signal similar financial strategies among other supermajor oil companies in the following year. Chevron has announced a decrease in its capex budget, aiming to optimize its spending after a period of high investment in projects like Tengiz in Kazakhstan and the Permian Basin. This move is seen as a response to the volatile oil market conditions and a strategic shift towards efficiency and shareholder returns. The reduction might encourage other major oil companies to reassess their investment plans, potentially leading to a broader industry trend of cost-cutting and capital discipline. This could impact global oil supply dynamics and investment in new oil and gas projects, reflecting a cautious approach amidst uncertainties in energy demand and prices.

Read the Full Upstream Article at:
[ https://www.upstreamonline.com/finance/chevron-s-2025-capex-reduction-could-be-a-precursor-to-other-supermajor-rein-ins-next-year/2-1-1749660 ]