Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Chevron Boosts Natural Gas Production as U.S. Prices Climb

April 10 (Bloomberg) -- Chevron Corp., the world’s third-largest energy company by market value, increased natural gas output during the first two months of 2013 compared with the first quarter of 2012 as prices for the furnace fuel advanced.

Global gas production rose 5.4 percent to average 5.291 billion cubic feet a day during January and February compared with the full period a year earlier, the San Ramon, California-based company said in a statement today.

U.S. gas prices averaged $3.48 per million British thermal units during the first quarter, a 39 percent increase from a year earlier, according to data compiled by Bloomberg. Brent crude futures, the benchmark for two-thirds of the world’s oil, averaged $112.64 a barrel during the first three months of this year, a 4.9 percent decline from the year-earlier period.

Chevron is scheduled to release full quarterly results on April 26. Exxon Mobil Corp. and PetroChina Co. are the biggest energy companies by market value, according to data compiled by Bloomberg.

To contact the reporter on this story: Joe Carroll in Chicago at

To contact the editor responsible for this story: Susan Warren at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.