Chevron in’t upstream earnings fall sharply in Q1 2025

TheCyprus


Economy
Materials
4 May 2025 02:09 (UTC +04:00)


Chevron’s international upstream earnings fell sharply in the first quarter of 2025, weighed down by lower liftings, higher depreciation at Tengizchevroil, and weaker commodity prices. While production dipped slightly, the start-up of Kazakhstan’s Future Growth Project offered a positive offset.



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