Chevron Corp. plans to increase oil production by as much as 10% in the US Permian Basin this year despite reducing capital spending in the region, said Chief Executive Officer Mike Wirth.

HIGHLIGHTS • The work on the Definitive Feasibility Study (DFS) for the Flat Mines Project, the first mine that Orion intends to develop at the Okiep Copper Project (OCP), is nearing completion and ...