energy transition

ExxonMobil and Chevron amass over $57 billion in profits during 2023 while new acquisitions fuel portfolio growth

ExxonMobil and Chevron have raked in huge profits over the course of the past year, recording $36 billion and $21.37 billion, respectively.
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With $28 billion in the bag, Shell’s 2023 profit attests to oil & gas price slump and LNG trading upturn

Shell’s annual profit in 2023 took a tumble, dropping by 30% on a year-over-year basis, compared to its highest-ever annual profit, which came to almost $40 billion in 2022.
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