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RR1:AU
Rights Issue and Shortfall
Reuters reported that Chevron (NYSE:CVX) is putting significant investment into two Australian natural gas projects.
Reuters reported that Chevron (NYSE:CVX) is putting significant investment into two Australian natural gas projects.
The market news is quoted as saying:
The $37 billion Gorgon liquefied natural gas (LNG) project, which the company is building with Exxon Mobil Corp and Royal Dutch Shell Plc, is on target to produce the oil-equivalent of 450,000 bpd starting in 2014.
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