Production

Chevron eyes $5 billion investment to reach Permian production target

Company expects to increase production in the area to 1 million boepd in 2025

Milestone: Chevron chief executive Mike Wirth.
Milestone: Chevron chief executive Mike Wirth.Photo: REUTERS/SCANPIX
South America CorrespondentRio de Janeiro
Published 2 February 2024, 18:00Updated 5 February 2024, 06:12
USAChevronMike WirthPermian Basin