- Sees production rising to 34K/bbl per day by 2012

Other headlines for [CVX]

• CVX Yesterday 05:00pm
  Chevron Corp Issues Interim Q4 update: Says earnings for Q4 are expected "significantly lower" than Q3; Guidance for quarterly net after-tax charges is $250-300M and for the full Q4 charges are expected to be well above the high end of range- The company more...
  
• XOM Yesterday 11:46am
  Exxon Mobil Corp CEO: Calls for a tax on carbon emissions to be revenue neutral instead of a cap and trade law, expects the economic downturn to be temporary- Energy demand will rebound strongly following the more...
  
• Yesterday 01:53am
  Citigroup analysts cut energy sector to neutral
  
• XOM 1/7/2009 01:29am
  Exxon Mobil Corp "Heard on the Street" is overall Positive on large oil companies - WSJ- The oil boom left the six largest integrated oil companies with aggregate net debt of just $34B at the end of Q3 and that more...
  
• 1/6/2009 02:15pm
  Rep Markey introduces bill to "permenently" put ANWAR off limits for drilling
  

Energy sector headlines

• OII Today 04:13pm
  Oceaneering International Guides ROV fleet utilization in mid- to high 80% range, 2008 earnings +10% y/y - filing- Expects ROV fleet utilization rate during the 4th quarter of 2008 will be in the mid to high 80% range, and more...
  
• PCX Today 04:05pm
  Patriot Coal, Inc. To cut jobs, implements prior plans to close Jupiter mine, citing market conditions- The Company announced on September 29, 2008, its intention to idle the Jupiter thermal coal facility. - In more...
  
• TMR Today 02:02pm
  Meridian Resource Corp. Names Chairman Paul Ching interim CEO
  
• EDF.FR Today 12:45pm
  Electricite de France S&P cuts EDF S.A. to A+ from AA-- British Energy rating raised to BBB- - these actions follow the merger
  
• Today 11:56am
  Deutsche Bank lowers Q1 oil price forecast to $45 from $55, expects bottom of market at year's end (timing uncertain)