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Big Oil, Big Profits: Chevron Records $6.3B Profit, Exxon $5.5B — in Just Three Months

HeadlineMay 02, 2022

Over the first three months of the year, Chevron reported $6.3 billion in profits, and ExxonMobil reported $5.5 billion in profits. Meanwhile, U.N. Secretary-General António Guterres has criticized how fossil fuel companies are responding to the war. In a tweet, he wrote, “Fossil fuel interests are now cynically using the war in Ukraine to try to lock in a high carbon future. A shift to renewables is crucial to mending our broken global energy mix & offering hope to millions suffering climate impacts today.”

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