Chevron raises Gorgon cost estimate to $52B, warns on production delay, FT says

Chevron (CVX) raised its cost estimate on its Gorgon liquefied natural gas venture by $15B, from $37B to $52B, citing a combination of rising labor costs, poor productivity, logistics, bad weather and …

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Chevron raises Gorgon cost estimate to $52B, warns on production delay, FT says

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