Jansz-io compression project to proceed

San ramon, calif.--(business wire)--chevron corporation (nyse: cvx) today announced that its wholly owned subsidiary chevron australia pty ltd. (chevron australia) as operator and the gorgon joint venture participants will proceed with the approximately $4 billion (au$6 billion) jansz-io compression (j-ic) project. nigel hearne, chevron eurasia pacific exploration and production president, said j-ic represents chevron's most significant capital investment in australia since the sanctioning of t
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