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@TheBadPlace@mastodon.ozioso.online · 2d ago
Home - CBSNews.com | Exxon Mobil, Chevron earnings fall, but top revenue expectations AI generated summary, Read the full article for complete information. Exxon Mobil and Chevron reported lower profits for the most recent fiscal quarter, citing disruptions from the Iran war, yet both U.S. oil giants exceeded Wall Street’s revenue expectations for the three‑month period ending March 31; CBS News business contributor Javier David provides further details. Read more: https://www.cbsnews.com/video/exxon-mobil-chevron-earnings-fall-but-top-revenue-expectations/ #ExxonMobil #Chevron #WallStreet #JavierDavid #
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@TheBadPlace@mastodon.ozioso.online · 3d ago
PBS NewsHour - The Latest | Profit for the biggest U.S. oil companies declined in 1st quarter – but only on paper by Michelle Chapman, Associated Press AI generated summary, Read the full article for complete information. Profit for the two largest U.S. oil companies fell on paper in the first quarter because hedging contracts back‑fired after the U.S. and Israel struck Iran, effectively shutting the Strait of Hormuz and preventing physical oil deliveries; nonetheless, both Exxon Mobil and Chevron posted adjusted earnings that beat Wall Street forecasts, with Exxon reporting $4.18 billion in profit (adjusted to $1.16 per share) and $85.14 billion in revenue, and Chevron earning $2.21 billion (adjusted to $1.41 per share) on $48.61 billion in revenue. The apparent drop reflects one‑time “unfavorable timing effects” of the hedges, not an underlying loss of profitability. The results arrived as U.S. gasoline prices surged to multi‑year highs, pushing inflation and straining households and businesses dependent on fuel. Read more: https://www.pbs.org/newshour/economy/profit-for-the-biggest-u-s-oil-companies-declined-in-1st-quarter-but-only-on-paper #ExxonMobil #Chevron #Iran #HormuzStrait #MiddleEast
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@TheBadPlace@mastodon.ozioso.online · Apr 24, 2026
Home - CBSNews.com | Chevron CEO explains what it would take to send ships through Strait of Hormuz AI generated summary, Read the full article for complete information. Chevron CEO Mike Wirth told “Face the Nation” host Margaret Brennan that, before he would feel confident allowing oil tankers to transit the Strait of Hormuz, the company would need a clear and sustained de‑escalation of regional tensions, verifiable security guarantees for vessels, and assurances that the strait’s navigation corridors remain safe and open. He emphasized that a stable political environment and robust protective measures are essential to resume safe shipping through this strategically vital waterway. Read more: https://www.cbsnews.com/video/chevron-ceo-ships-through-strait-of-hormuz/ #Chevron #MikeWirth #MargaretBrennan #FacetheNation #StraitofHormuz AI generated summary, Read the full article for complete information.
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@ItalianNews@mastodon.ozioso.online · Mar 16, 2026
Domani: La trappola di Hormuz imbriglia Trump: anche le Big Oil vogliono il dietrofront La stizza del presidente: «Gli alleati non mandano le navi? Quando serve aiuto non ci sono. Io pronto a distruggere gli oleodotti». E poi l’attacco a un reporter: «Sei odioso». E su un articolo del Wsj: «È alto tradimento». Il messaggio di Exxon, Chevron & co alla Casa Bianca: «Le misure per contrastare il boom del petrolio sono solo dei palliativi». The Hormuz Strait trap ensnares Trump: even Big Oil wants a backtrack. The president’s stubbornness: “The allies aren’t sending ships? When help is needed, they aren’t there. I’m ready to destroy the oil pipelines.” And then the attack on a reporter: “You are hateful.” And on a WSJ article: “It’s a high treason.” The message from Exxon, Chevron & co. to the White House: “The measures to counter the oil boom are just palliative measures.” #Exxon #Chevron&co #theWhiteHouse https://www.editorialedomani.it/politica/mondo/la-trappola-di-hormuz-imbriglia-trump-anche-le-big-oil-vogliono-il-dietrofront-iwlrt569
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@ItalianNews@mastodon.ozioso.online · Mar 10, 2026
Agenzia Nova: Argentina: ministro Esteri Quirno incontra vicepresidente esecutivo Chevron a New York (2) 10 mar 07:02 - (Agenzia Nova) - Nelson, ha aggiunto Quirno, ha sottolineato che i cambiamenti promossi dal presidente Javier Milei stanno contribuendo... (Abu) Argentina: Minister Ester Quirno meets Chevron’s Executive Vice President in New York (2) Mar 10 07:02 - (Agenzia Nova) - Nelson, added Quirno, emphasized that the changes promoted by President Javier Milei are contributing… (Abu) #Argentina #EsterQuirno #Chevron #NewYork #AgenziaNova #Quirno #JavierMilei https://www.agenzianova.com/a/69afb72caddb18.56759521/7126798/2026-03-10/argentina-ministro-esteri-quirno-incontra-vicepresidente-esecutivo-chevron-a-new-york-2
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