Monday, June 1, 2026
Big oil’s Q2 profits hit record $50 billion – with BP yet to come- oil and gas 360

Big oil’s Q2 profits hit record $50 billion – with BP yet to come

Yahoo The world’s largest energy companies, including TotalEnergies, Exxon Mobil and Chevron are ramping up buyback programmes despite criticism that they are not moving swiftly enough to increase oil and gas output as high fuel prices pinch consumers worldwide. Exxon Mobil, Chevron, Shell and TotalEnergies produced a combined profit of $51 billion, with Exxon topping the pile at $18 billion.

Exxon posts record-breaking second-quarter profit-oil and gas 360

Exxon posts record-breaking second-quarter profit

Yahoo Finance HOUSTON – Exxon Mobil Corp on Friday posted its biggest quarterly profit ever on the back of soaring energy prices and as it kept a tight rein on spending.   The top U.S. oil producer reported second-quarter net income of $17.9 billion, or $4.21 per share, an almost four-fold increase over the $4.69 billion, or $1.10 per share,

Exclusive: Biden EPA to tackle coal industry carbon with rules on other pollutants- oil and gas 360

Exclusive: Biden EPA to tackle coal industry carbon with rules on other pollutants

Yahoo News GUAYAMA, Puerto Rico – The U.S. Environmental Protection Agency plans to use new limits on traditional pollutants like ozone and coal ash to help encourage the retirement of the nation’s remaining coal-fired power plants, after the Supreme Court limited the agency’s ability to impose sweeping climate regulations, according to EPA chief Michael Regan. The approach reflects how the

U.S. rig count had an increase of 1 this week, at 585- oil and gas 360

U.S. rig count had an increase of 9 this week, at 767

Oil and Gas 360 This week’s Baker Hughes rig count shows that U.S. had an increase of 9 over last week, resulting in a total count of 767 rigs. Canada had an increase of 9 over last week, resulting in a total Canadian count of 204 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Arkoma Woodford,