Petrol prices are displayed at an Exxon station in Houston, Texas. Exxon and Chevron posted record high earnings during the second quarter of 2022. AFP
Petrol prices are displayed at an Exxon station in Houston, Texas. Exxon and Chevron posted record high earnings during the second quarter of 2022. AFP

Business

Energy

Oil majors bet on share buybacks as they take blowout $51bn earnings in Q2

High oil prices and margins lift Exxon, Chevron, Shell and Total to best quarters in history

Reuters

July 30, 2022