Chevron Lowers Net Production Forecast; Singles out Permian Basin and Australia LNG Projects as Future Growth Drivers
Chevron (ticker: CVX) explores for and produces crude oil and natural gas around the world. In 2013, the company’s worldwide net oil production averaged 2.60 million barrels equivalent per day, with about 25% of the production coming from the United States and the rest from more than 20 other countries. The company is engaged in every aspect of the industry,