The NumbersExxon’s revenue declined in the latest quarter, to $82.9 billion from $115.7 billion a year earlier. The company reported earnings per share of $1.94, compared with $4.21 in the […]
Chevron Corporation
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Back to news homeAn American Energy Giant Sees Israel as a Springboard to Europe
Six miles off the coast of Israel, beyond the brightly colored sails of wind surfers, an ungainly steel structure looms above the blue Mediterranean.This 200-foot-tall stack of living quarters, tanks […]
Oil Giants, After Surge in Profits, Are Wary About Spending
Exxon Mobil made $56 billion in profit last year, its largest annual haul ever. Chevron earned $36 billion, also a company record. But after a bountiful 2022, the outlook for […]
An Israel-Lebanon Border Deal Could Increase Natural Gas Supplies
Israel and Lebanon have been at war since 1948, but the countries are close to an agreement that could increase production of natural gas, helping energy-starved Europe.Officials from the two […]
Oil Executives Testify on Industry’s Role in Climate Disinformation
House Democrats have begun questioning the executives of some of the world’s biggest oil and gas companies — Exxon Mobil, Chevron, BP and Shell — over allegations that the companies […]
Why $4-a-Gallon Gas May Be Coming Your Way This Summer
HOUSTON — Even as oil and gasoline prices rise, industry executives are resisting their usual impulse to pump more oil out of the ground, which could keep energy prices moving […]