Glencore announces decease in investments in oil production in Chad
Edited by Rhod Mackenzie / 2015-08-13 02:36:50
On August 13, 2015, trader Glencore announced its intention to write off $790 million because of the devaluation of oil assets in Chad against the background of falling oil prices.
In general, the company reviewed its capex forecast for 2015 from $6.5-6.8 billion to $6 billion.
