Chevron says downtime could hit Q2 output by 150,000 boepd

ReutersMay 1, 2026 10:24 AM

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May 1 (Reuters) - U.S. oil and gas major Chevron CVX.N said on Friday that planned turnarounds and downtime would reduce its upstream production by 100,000 to 150,000 barrels of oil equivalent per day in the second quarter.

The company added that the disruptions were expected to weigh on downstream earnings, lowering results by $275 million to $325 million.

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