Exxon and Chevron profits fall to 4-year low
Drop in oil prices drags second-quarter earnings to lowest level since pandemic
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Exxon and Chevron boost output despite falling oil prices
Two biggest US oil majors report rising production in third quarter amid supply glut forecasts
Shell profits plunge by a third on weaker oil and gas prices
UK energy major’s chief describes conditions as ‘challenging on all fronts’
Oil major Chevron shifts focus to prioritise profits over production
Business plan unveiled at investor day emphasises need to cut costs and lower capital expenditure
Big Oil slashes jobs and investments as low crude prices bite
Lay-offs mark ‘flashing red warning light’ for industry as executives brace for downturn that may last years
ConocoPhillips to cut up to quarter of its staff as oil prices slide
Job losses at US major are latest affecting the sector hit by mounting costs and Opec’s higher output
ExxonMobil to slash low-carbon spending by a third
Oil major will cut investment over next five years from $30bn to $20bn