Chevron Profits Nearly Halved by Low Oil Prices in First-Quarter 2015, Cuts Capex for Year to $35 Billion, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 05/04/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Chevron Corporation (NYSE:CVX) (San Ramon, California) met the same fate in first-quarter 2015 as many other as it took a serious hit from sharply lower oil prices, which depleted revenue and earnings in the Upstream segment, and nearly halved earnings overall. Industrial Info is tracking roughly $144 billion in active projects involving Chevron.
Within this article: Details on Chevron's quarter and projects, including the addition of an ethylene cracker at a olefins and resins facility in Texas.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.
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Datum: 04.05.2015 - 10:00 Uhr
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