Exxon smashes Western oil majors' earnings record

Oil majors are expected to break their own annual records on high prices and soaring demand, pushing their combined take to near $200 billion.

Exxon said it incurred a $1.3 billion hit to its fourth-quarter earnings from a European Union windfall tax that began in the final quarter and from asset impairments.Excluding charges, profit for the full year was $59.1 billion. Production was up by about 100,000 barrels of oil and gas per day over a year ago to 3.8 million bpd.Today's results may set up another confrontation with the White House.

Exxon posted $14 billion in fourth-quarter profit excluding charges, 60% more than the same period last year but down almost 25% from the previous quarter as oil prices eased and some operations suffered from cold-weather-related outages.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Mining company 'sorry' for losing radioactive capsule in Western AustraliaThe solid, silver-coloured cylinder is smaller than a human fingernail but authorities say it could cause acute radiation sickness.
مصدر: thejournal_ie - 🏆 32. / 50 اقرأ أكثر »

Mining company 'sorry' for losing radioactive capsuleAuthorities are now grappling with the daunting task of searching along the truck's 1,400 kilometre journey from north of Newman - a small town in the remote Kimberley region - to a storage facility in the northeast suburbs of Perth, Western Australia Kind of a big oopsie Probably on the slow boat to Iran by now. Who was driving the truck? Homer Simpson!!!!
مصدر: rtenews - 🏆 1. / 99 اقرأ أكثر »