Exxon Mobil and Chevron report skyrocketing profits in Q1

Exxon Mobil and Chevron on Friday reported big profits in the first quarter and revealed intentions to boost their positions in the LNG market. Chevron reported earnings of $6.3 billion compared with $1.4 billion year over year for the quarter. Exxon Mobil raked in $5.5 billion, up from $2.7 billion last year. The profits come […]