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Chevron to invest about $989 million in India, state minister says

Channel News Asia LogoChannel News Asia3h ago

Chevron to invest about $989 million in India, state minister says - Channel News Asia

Quick Summary:

Chevron plans to invest 83 billion rupees ($989.20 million) in India's Bengaluru, in what will be the oil and gas firm's largest tech center outside the United States, a minister with the state government of Karnataka said late Wednesday.

The Chevron logo is pictured after the U.S.government granted a six-month license allowing Chevron to boost oil output in U.S.-sanctioned Venezuela, in Caracas, Venezuela, December 2, 2022.

Chevron's proposed new research and development hub will create 600 engineering jobs, Karnataka Commerce & Industries, and Infrastructure Minister MB Patil said in a post on social media platform X.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-22 @ 10:22:08 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 199 words

Reading Time: 2 minutes read

Sentences: 7 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 22201541

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 47 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 47 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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  • News ID: #22201541
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