Chevron has reached its long-term production goal in the Permian Basin and is now shifting to a cash-focused strategy, impacting the broader US shale industry.

Chevron is on the verge of reaching a production plateau in the Permian Basin, enabling it to reap $5B in annual cash flow by ...

CPChem was founded in 2000 through a merger between Chevron Corp. and Phillips 66, according to Prusak, and announced they ...