US major ChevronTexaco has announced an $8.5 billion capital and exploratory spending programme for 2004, with US$6.4 billion of that for upstream projects. A key project includes the continued development of the Sour Gas Injection Second Generation Project at Tengiz, Kazakhstan which is targeting production increases in 2006. The other projects are in Nigeria, Angola,…

This article is for Subscriber members only.
Log In Register