28 March 2024
Chevron crashes to historic Q2’20 loss and writedown, warns of ‘depressed’ Q3
Publication date: 31 July 2020
Gas Strategies Group
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ISSN: 0964-8496
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Chevron collapsed to an adjusted loss of USD 3 billion in Q2’20 results released today, continuing the trend of extreme corporate pain for an oil and gas industry ravaged by low prices and demand during the Covid-19 pandemic. On top of posting its worst loss in many decades, the US oil major also took a combined hit of ...