OILI08

Exxon, Chevron post blowout earnings, oil majors bet on buybacks

High prices, margins lift majors to best quarters in history Exxon earnings surpass previous record set in 2012 July 29 (Reuters) – The two largest U.S. oil companies, Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for …

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Shell smashes record again with $11.5 billion profit

General view of a Shell petrol station sign in Milton Keynes, Britain, January 5, 2022. REUTERS/Andrew Boyers/File Photo GLOBAL BUSINESS WEEK AHEAD Register now for FREE unlimited access to Reuters.com Register Shell announced $6 bln buyback programme Refining margins triple in second quarter Strong gas and power trading lift profits LONDON, July 28 (Reuters) – …

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