News
03 February 2020

Chevron swings to $6.6bn loss after huge shale gas write-off

In:
Oil & gas
Region:
Americas

Chevron posted a fourth-quarter loss of $6.6 billion versus earnings of $3.7 billion for the same period of 2018, on the back of massive write-offs of $10.4 billion, predominantly in its US shale gas assets.Chevron’s quarterly loss, which was the steepest in a decade, did not surprise analysts...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Video
23 October 2025

TXF Asia: Robert Doyle, Sun Africa & UGT Renewables

At TXF Asia 2025, Robert Doyle, CFO of UGT Renewables and Sun Africa, shared insights into the sister companies’ ambitious plans for bold expansion in Asia’s booming...

Video
29 October 2025

10 mins with: PuiYin Tham, Marubeni

TXF spoke with PuiYin Tham, vice president of business development at Marubeni to outline the benefits of taking the ECA funding route and how the Japanese developer’s deal...