Big Oil paid more than $42 billion to foreign governments in 2023

The disclosures from ExxonMobil, Chevron, and ConocoPhillips were required this year for the first-time ever under a new Securities and Exchange Commission requirement.

The three largest U.S. energy exploration companies paid more than $42 billion to foreign governments last year, about eight times more than what they paid in the United States, according to regulatory filings.