“‘In 2023, we returned more cash to shareholders and produced more oil and natural gas than any year in the company's history,’ Chevron chief executive Mike Wirth boasted.”
……
“Global Witness strategy lead Alice Harrison said…‘They're now choosing to reward their shareholders instead of investing in clean energy in a brazen wealth transfer from energy consumers to Big Oil shareholders.’”
#PetroleumIndustry #ClimateCrisis #Profits

https://www.commondreams.org/news/exxon-chevron-record-shareholders

In 'Brazen Wealth Transfer', Exxon and Chevron Pay Out Record Sums to Shareholders

"In 2023, we returned more cash to shareholders and produced more oil and natural gas than any year in the company's history," Chevron chief executive Mike Wirth boasted.

Common Dreams