Chevron Corp will boost Permian Basin output with $4 billion

• by Reuters
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Oil major Chevron Corp will next year invest around $4 billion to ramp up its crude production in the Permian Basin area of the United States, a company executive said on Monday. Ryan Krogmeier, Chevron’s vice president of crude supply and trading, told the S&P Global Platts APPEC conference in Singapore that the company would […]