ChevronTexaco to spend us8.5 billion for capital programs

摘要

ChevronTexaco to spend us8.5 billion for capital programs in 2004.This totals about us0.5 billion more than 2003 spending."The 2004 program fully supports our strategies to focus on high-return upstream growth projects,commercialize our company's large natural gas resource base and enhance the financial returns from our global downstream business",says ChevronTexaco Chairman and CEO Dave O'Reilly.