Oil price decline: Chevron U.S asset sales to generate $15bn

*Huge spending cuts underway 16 March 2015 - Chevron Corporation is planning to increase its asset sales by 50 per cent to $15 billion and curtail new investment for the next two years after plunging oil prices squeezed cash flow for the second-biggest U.S. energy producer. Chevron’s divestment of oil and natural gas fields and […] More »