Chevron announces $36.7bn budget for 2013

Chevron Corporation, Thursday, announced a $36.7 billion capital and exploratory investment programme for 2013.Included in the 2013 programme are $3.3 billion of planned expenditures by affiliates, which do not require cash outlays by Chevron.“Consistent with long-stated strategies, we’re investing in a portfolio of very attractive oil and gas projects that will deliver volume growth and real