Liza Destiny FPSO; Source: ExxonMobil

2022 brings bumper profits for U.S. oil majors Chevron and ExxonMobil

U.S. oil and gas majors Chevron and ExxonMobil have revealed record 2022 profits of $35.5 billion and $55.7 billion, respectively. This was driven by elevated energy prices and growing demand for higher oil and gas production and tight supply.

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