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Chevron boosts annual share buyback, hikes US spending

Chevron boosts annual share buyback, hikes US spending
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Chevron to invest $4 billion in Permian in 2023 to boost US shale production

The US oil operator said Wednesday it will spend $17 billion in 2023 with the Permian Basin accounting for $4 billion of the total spend. This decision comes after U.S. President Joe Biden called on the US energy industry to reinvest more profits in production. ....

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