OILI08

U.S. majors Exxon, Chevron post blowout earnings, ramp up buybacks

U.S. majors Exxon, Chevron post blowout earnings, ramp up 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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Sakhalin Energy wants LNG buyers to pay via Moscow-based bank, change currency

Sakhalin Energy wants LNG buyers to pay via Moscow-based bank, change currency

A general view of the liquefied natural gas plant operated by Sakhalin Energy at Prigorodnoye on the Pacific island of Sakhalin, Russia July 15, 2021. Picture taken July 15, 2021. REUTERS/Vladimir Soldatkin Register now for FREE unlimited access to Reuters.com Register TOKYO, July 29 (Reuters) – Russia’s Sakhalin Energy Investment Co has asked its liquefied …

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