Tuesday, January 7, 2025
Chevron

Chevron Aims $3.6 Billion at the Permian in 2019

Chevron announces a $20-billion total CapEx budget for 2019 Yesterday, Chevron Corporation (stock ticker: CVX) provided more details on its 2019 organic capital and exploratory spending program. Total capital and exploratory expenditures will increase approximately 9.3% from 2018-2019, including  an increase in shale spending. This is a big change from pre-downturn days of 2014. In 2018 spending was down for the fourth

Phillips 66 Partners Taps New MLP COO

Phillips 66 Partners (stock ticker: PSXP) named Rosy Zuklic its VP and COO, effective January 1, 2019. Tom Liberti, current VP and COO of Phillips 66 Partners, has elected to retire at the end of the year, after 18 years. “Under Tom’s leadership, the partnership has significantly increased its scale and is on track to meet its five-year distribution target,”