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Home Icon > About Us > News > Chevron Reports Massive Q2 Loss on Writedowns

Chevron Reports Massive Q2 Loss on Writedowns

By Jennifer Hiller HOUSTON, July 31 (Reuters) – Chevron Corp on Friday reported an $8.3 billion loss in the second quarter on asset writedowns from plummeting fuel prices, a forced exit from Venezuela and expenses tied to thousands of jobs cuts. Multibillion-dollar asset writedowns have become a prominent part of second-quarter energy results as the […]

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