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Chevron says downtime could hit first-quarter output by up to 225,000 boepd

ReutersJan 30, 2026 11:22 AM

- U.S. oil and gas major Chevron CVX.N said on Friday turnarounds and downtime are expected to reduce its upstream production by 185,000 to 225,000 barrels of oil equivalent per day in the first quarter.

The company added refinery turnarounds and downtime during the current quarter are expected to hit downstream earnings by $275 million to $325 million.

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