MARKETS

Chevron and ExxonMobil's profits soar amid high oil and gas prices

US oil majors Chevron and ExxonMobil have booked robust profits for the first quarter of 2022 due to higher global oil and gas prices.

Tim Daiss
The Gorgon LNG plant

The Gorgon LNG plant

California-based Chevron posted earnings of $6.3 billion, compared with $1.4 billion in the same period a year ago.    Pension settlement costs of $66 million were included. Foreign currency effects...

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A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

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