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Illustration: WSJ High prices at the pump have propelled Exxon and other oil companies ... boost refining capacity to make more gasoline and diesel, lowering prices for consumers.
The nation’s biggest oil companies — ExxonMobil and Chevron — saw their ... and left consumers stretching to cover record high pump prices. On Friday, Exxon reported net income of $17.9 ...
Others in the industry also made more money in 2022 than ever before, making themselves a potential target for driver frustration as prices at the pump rise. ExxonMobil and Chevron drew the ire of ...
instead of investing the money in more production to ease prices at the gas pump. Last year, between dividends and share buybacks, Exxon returned $30 billion to shareholders, while Chevron paid ...
BEAUMONT, Texas — The Beaumont Refinery Expansion Project at the ExxonMobil facility will ... scales and help decrease the price of diesel at the pump. She stresses that even if your vehicle ...
Exxon said. Chevron added it could be years before the renewable fuel could be available in pumps. "We believe it is going to need government help to get up and running, and get scale," Walz said ...
Exxon, Chevron and Shell reported robust earnings and large payouts to investors as they continued to expand their fossil-fuel production. By Stanley Reed Exxon Mobil and Chevron, the largest U.S ...
Exxon plans to pump 4.3 million barrels of oil and gas per day this year, 30% more than U.S. top rival Chevron's current output. BP is cutting production to about 2 million barrels per day by 2030.
Exxon Mobil Corp. will complete a $1 billion expansion of diesel production at its Fawley UK oil refinery next year, a key step in curbing the country’s reliance on imports. The oil major also ...