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Chevron sees "notably higher" Q4 profit as output grows
January 10, 2013 / 10:10 PM / 5 years ago

Chevron sees "notably higher" Q4 profit as output grows

Jan 10 (Reuters) - Chevron Corp said its fourth-quarter profits would be “notably higher” than the previous quarter as oil and gas output bounced back and the second-largest U.S. oil company booked a $1.4 billion gain on an asset transaction.

Royal Dutch Shell Plc announced in August a swap of interests in two fields off the Australian coast for Chevron’s holdings in the Browse liquefied natural gas project.

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