Exxon and Chevron quarterly balance exceeds expectations
Chevron earned USD 14.422 billion in the first 9 months of the year compared to the figure recorded in 2023, while Exxon Mobil earned USD 26.070 billion in the same period
Chevron earned USD 14.422 billion in the first 9 months of the year compared to the figure recorded in 2023, while Exxon Mobil earned USD 26.070 billion in the same period
The oil company Chevron announced a net profit of $5.501 billion (approximately €5.146 billion) in the first quarter of 2024, a 16% decrease compared to the same period the previous year
Chevron reported its highest profit in six quarters and joined an oil industry stampede to reward investors with share buybacks, as rebounding crude oil prices carried earnings and cash flow to pre-pandemic levels
Chevron Corp outlined a plan to expand oil and gas production through 2025, but without spending significantly more, and pledged to limit the pace of growth of its carbon emissions
Chevron Corp said it would buy Noble Energy Inc in a $5 billion all-stock deal, bolstering its shale presence as a plunge in crude prices have made assets cheaper
US President Donald Trump invited US oil executives to discuss ways to help the industry “ravaged” by slumping energy demand during the coronavirus outbreak and a price war between Saudi Arabia and Russia