Chevron Corp decided to buy back $75 billion of shares and upsurge dividend disbursements after a year of maximum profits that induced mad accusations from politicians around the globe as increasing energy prices clasped consumers.

The stock buyback database will boost on April 1 and triple the size of the previous endorsement disclosed in early 2019, the company mentioned in a Wednesday statement. The programme corresponds to almost one-fourth of the company’s market worth and five times the present level of annual buybacks.

Although Chevron’s plan diminishes in contrast to the $89 billion that Apple Inc assigned to buyback in the past year, it’s likely to exasperate critics who’ve indicted the oil industry of war exploiting after Russia’s invasion of Ukraine directed energy prices swelling.

President Joe Biden was among those who reproved oil explorers for dedicating cash to shareholder-friendly ingenuities like dividends and buybacks instead of cultivating it into more penetrating that would swell crude purchases. Chevron rose as much as 3.9% in after-hours interchange.