CHEVRON RAISES SPENDING BUDGET AND SHARE BUYBACKS

© Reuters/Mike Blake FILE PHOTO: FILE PHOTO: A Chevron gas station sign is seen in Del Mar, California By Sabrina Valle Load Error HOUSTON (Reuters) - U.S. oil producer Chevron Corp on Wednesday said it plans to boost spending on new oil and gas projects in 2022 by 20% to $15 billion, while also raising shareholder returns. Major oil companies are responding to a jum...

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