That was almost three times as much as what businesses producing and refining oil in the United States made in the same period in 2025.
Category: Exxon Mobil Corp
-
U.S. Oil Industry Earned Over $130 Billion in Profit During Iran War
The New York Times – Business: -
Supreme Court to Hear Major Environmental Lawsuit
The New York Times – Business:The justices will begin their new term with a landmark case about whether local governments can sue oil companies over damages caused by climate change.
-
Iran War Drives Oil Profits to Highest Levels in Years
The New York Times – Business:The world’s biggest oil companies are benefiting from the high commodity prices that have been a drag on the rest of the economy.
-
U.S. Oil Is Skipping the Chance to Grab Market Share From the Gulf
The New York Times – Business:U.S. oil production is expected to grow only modestly next year as companies hesitate to spend more in an uncertain market.
-
Why U.S. Oil Companies Are Not Plugging the World’s Energy Gap
The New York Times – Business:American producers are under pressure from investors to keep spending in check, and they are wary of drilling more wells because they are not sure oil prices will stay high.
-
Oil Companies’ Huge Profits Revive Calls for Temporary Windfall Taxes
The New York Times – Business:European nations imposed temporary taxes in the 2022 energy shock when Russia invaded Ukraine, but whether they can effectively help households is up for debate.
-
Bad, Very Bad and Much Worse: Pick a Forecast for the War and Economy
The New York Times – Business:A merely bad outlook might be good enough for the markets, our columnist says.
-
For Western Oil Companies, War in Iran Means Bigger Profits, and Risks
The New York Times – Business:American and European oil and gas companies are expected to earn a lot more as prices surge but are worried about the future.
-
Chevron Points to Venezuela’s Promise as Big Oil Earnings Fall
The two largest U.S. oil companies, Chevron and Exxon Mobil, reported their lowest annual profits in years.
-
$100 Billion to Revive Venezuela’s Energy Industry? Oil Executives Are Not So Sure
During a meeting at the White House, the industry leaders appeared wary of making long-term investments in the country.
-
Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception
President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace.
-
Venezuela’s Oil Industry: A Timeline of Key Events
The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914.