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

Eoin O'Cinneide
Kathrine Schmidt

Houston/London

Published 5 March 2020, 09:49Updated 5 March 2020, 09:49

Chevron Michael Wirth Shell BP USA