US oil heavyweight reports poor performance in 2020

The US' second-largest oil company closed the year with roughly USD 6 billion in losses, but the group did manage to minimize the damage in the year's last three months, shows Chevron's new interim report, which despite everything still boosts the shareholder dividend.

Photo: Lucy Nicholson/Reuters/Ritzau Scanpix

by MATHIAS JULIUS FALKENGAARD

"2020 was a year like no other."

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Loss-making Chevron has lost control
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