ChevronTexaco has responded to last week’s shock announcement by Royal Dutch Shell that it will reduce its proved crude oil and natural gas reserve quantities by 20%. ChevronTexaco said it has a rigorous review process for determining how and when its proved reserves for crude oil and natural gas reserves are recognised. The Jan 9…
COMPANY: ChevronTexaco responds to reclassification of Shell reserves
Posted on January 16, 2004 by EnergyAsia