New York Times | Chevron Approves $37 Billion Expansion of Kazakh Oil Field New York Times LONDON — Bucking the trend of conserving cash at a time of low oil prices, the American oil giant Chevron said on Tuesday that it would go ahead with a $37 billion expansion of a gargantuan oil field on the Caspian Sea in Kazakhstan. Giving the green ... Big Oil Finding Money for Biggest Projects Chevron Approves $37 Billion Expansion of Kazakh Oil Project Oil spending freeze starts to thaw |