Chevron to increase capital spending 35% in 2006

Article Abstract:

Chevron Corp. of the United States is planning to increase spending on developing new energy reserves as well as paying increased costs for production. The estimated amount of expenditure is to be an increase of 35 percent in 2006. The petroleum giant is the second largest United States oil company.

Author: Gold, Russell
United States, Financial management, Management dynamics, Petroleum refining, Management, Company Profile, Company business management, Company financing, Chevron Corp., Industry forecasts, CVX

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BP expects strong profit gain on high prices

Article Abstract:

BP PLC is forecasting strong profits for the 2003 second quarter. The company attributed the forecast to high oil and gas prices.

Author: Long, Mark
United Kingdom, Sales, profits & dividends, Forecasts and trends, British Petroleum Company PLC, Natural gas, Petroleum, Market trend/market analysis, Company sales and earnings, Gas industry, Company earnings/profit

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Subjects list: Finance, Petroleum industry
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