ExxonMobil reports dramatic fall in annual net profit, but still racks up second-largest ever numbers

Oil and gas production is the same as 2022 but price realisations are well down

Consistent strategy: ExxonMobil chief executive Darren Woods at the APEC CEO Summit last November — Consistent strategy: ExxonMobil chief executive Darren Woods at the APEC CEO Summit last NovemberPhoto: AFP/SCANPIX

Russell Searancke

Norway CorrespondentOslo

USA ExxonMobil Americas North America

Published 2 February 2024, 12:31Updated 2 February 2024, 13:09