Chevron to Take $11 Billion Writedown Amid Weak Gas Prices
The Chevron Corp. oil refinery is pictured in Burnaby, British Columbia, Canada. (Photographer: Ben Nelms/Bloomberg)

Chevron to Take $11 Billion Writedown Amid Weak Gas Prices

(Bloomberg) -- Chevron Corp. expects to write down as much as $11 billion in the fourth quarter, more than half of it from its Appalachia natural gas assets after a slump in prices.
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