- Chevron expanded its share buyback program, plans to add 750,000 barrels of oil & gas per day to US production.
- Chevron plans to raise global output at a 3% annual rate through 2027.
- Chevron pumped 738,000 barrels per day from Permian basin last quarter.
- Chevron added 40,000 barrels per day in Venezuela this year, but additional gains could be limited by political risks.
- Chevron doubled the annual range to between $10 billion and $20 billion by 2025.
Chevron boosts share buyback program, hikes U.S. spending
Oil major Chevron Corp on Tuesday expanded its share buyback program and laid out plans to add 750,000 barrels of oil and gas per day to its U.S. production on gains from the country's shale basins and the Gulf of Mexico.
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