Chevron CEO Michael K. Wirth celebrated a corporate milestone for 2019—worldwide production exceeded 3 MMboe/d for the first time in the supermajor’s history. At 3.06 MMboe/d, volumes were up 4% YOY, led by a 17% jump in US liquids to 724,000 bbl/d and 18% more US gas production at 1.22 Bcf/d. On the flipside of Chevron's US upstream achievements, however, was a more than $5 billion net loss stemming from $8.2 billion in impairments......
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