Forbes -
2 Nov 2015 22:49
The company has been hit hard by the current downtrend of low crude oil prices and its average price realizations in both upstream and downstream segments have suffered as a result. However, Chevron remains confident of its short to medium term upstream production growth outlook. The company believes that it can increase average daily hydrocarbon production rate to 2.9-3.0 million barrels of oil equivalent per day by 2017 and expects key projects such as Gorgon, Wheatstone and Angola LNG to prov...
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