Chevron flags second-quarter production impact at TCO, Gulf of Mexico assets
FILE PHOTO: The logo and trading information for Chevron is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 27, 2022. REUTERS/Brendan McDermid/File Photo
(Reuters) - Chevron said on Monday it expects upstream turnarounds and downtime to impact 65,000 barrels of oil equivalent per day in production in the second quarter mostly at Tengizchevroil (TCO) in Kazakhstan and several Gulf of Mexico assets.
The U.S. oil major said it expects downstream turnarounds to impact earnings by $300 million to $400 million mainly due to maintenance at the El Segundo and Richmond refineries in California.
(Reporting by Sourasis Bose in Bengaluru; Editing by Shounak Dasgupta)