Big Oil bets big on Permian growth

Welcome to another Thursday Energy Source.

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ExxonMobil and Chevron are both putting the Permian, which spans west Texas and south-east New Mexico, at the centre of their output growth strategies and are signalling double-digit growth this year.
ExxonMobil and Chevron are both putting the Permian, which spans west Texas and south-east New Mexico, at the centre of their output growth strategies and are signalling double-digit growth this year. (Foto: Eli Hartman/AP/NTB)