LOS ANGELES, Feb. 2, 2024 /PRNewswire/ — Consumer Watchdog said that Chevron has itself to blame for its $1.8 billion in “higher US upstream impairment charges mainly in California” discussed in its earnings release today, saying its own low producing wells were the cause. Chevron’s…
Chevron Self-Inflicts Wound In CA; Failed to Plug Low Producing Wells That Yield Only 3 Barrels Of Oil Per Day, Should Blame Itself Not State For ‘Impairments’, says Consumer Watchdog
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