ChevronTexaco has announced a US$10-billion capital and exploratory (C&E) spending programme for 2005, which includes US$1.8 billion for the company’s share of affiliate expenditures. While actual 2004 C&E expenditures will not be known until year-end, they are estimated to be in the range of the 2004 budgeted amount of US$8.5 billion, the company said in…