Chevron is targeting a 25% increase in its oil and gas production by 2017 from about 2.6mn boe/d in 2013 with the Middle East expected to play a pivotal role in the expansion.
The company intends to invest around $3.2bn in exploration and appraisal in 2014 with the focus on Iraqi Kurdistan, Morocco and Australia. (CONTINUED - 656 WORDS)
