Chevron hits record quarterly production in third quarter

Chevron Corp. reported third-quarter earnings of $4 billion compared with $2 billion earned in third-quarter 2017. Included in the current quarter were a write-off, an asset impairment, and a nonrecurring contractual settlement totaling $930 million in the upstream business, and a gain of $350 million on the sale of southern Africa refining, marketing, and lubricant assets.


Source: News