Stay Informed. Stay Competitive with FREE Insights on the Stock Market, Dow 30 & Emerging Opportunities. Get Free Email Updates

Stay Competitive With Stock Market Updates!

Get Free Updates

Chevron Targeting to Restart Production In Saudi-Kuwait Oil Field

By John F. Heerdink, Jr.

Reportedly, Chevron Corp is targeting to restart oil production in the partitioned zone between Saudi Arabia and Kuwait, informed Executive Officer Mike Wirth in an interview with the CNBC. The zone capable of producing as much as 500,000 barrels a day has been kept closed for at least four years due to dispute between the two countries. However, as per sources, there have been talks to resolve issues between the countries over restarting oil production which could possibly fill the global void in oil supply created after an attack on the Saudi Arabian facilities.

Dow 30 component Chevron Corporation (CVX), through its subsidiaries, engages in integrated energy, chemicals, and petroleum operations worldwide.  To learn more about Chevron (CVX) and to track their progress please visit the Vista Partners Chevron Page.

Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.

Stay Informed! Stay Competitive! Join us at Vista Partners!    


Post View Count : 472
(Read Original Story: Chevron Can Resume Saudi-Kuwait Oil Field Quickly If Needed: CEO in Bloomberg)


Subscribe for FREE Email Updates & Access To EXCLUSIVE Research!

Connect with us