Chevron eyes $80bn shareholder payouts

US giant aims for £2 billion in cost cuts as it keeps capex in 'narrow range' of up to $22 billion

Shareholder returns: Chevron chief executive Mike Wirth
Shareholder returns: Chevron chief executive Mike WirthPhoto: ANDREW MANGUM/UPSTREAM
Published 5 March 2020, 09:49Updated 5 March 2020, 09:49