A fourth straight quarter of robust results came on the back of high oil and natural gas prices.
Tag: Exxon Mobil Corp
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French Refineries Strike May Presage a Winter of Discontent for Europe
Bitten by inflation, workers are demanding a greater share of the surging profits of energy giants. It’s the kind of unrest leaders fear as they struggle to keep a united front against Russia.
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Oil Executives Privately Contradicted Public Statements on Climate, Files Show
The documents, subpoenaed in a House investigation of climate disinformation, show company leaders contravening industry commitments.
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Subsidies in the Climate Bill Keep Oil and Gas Alive
A big winner is carbon capture technology. Subsidies will lock in fossil fuel use.
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Exxon and Chevron Report Record Profits on High Oil Prices
The energy industry’s windfall has followed a spike in prices, resulting mostly from Russia’s invasion of Ukraine, and a global economy rebounding from the coronavirus pandemic.