Exxon Mobil Corp. News

Exxon Sues to Force EU to Scrap New Windfall Profits Tax on Oil Companies

U.S. oil major Exxon Mobil Corp. is suing the European Union in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy. Record profits this …

Exxon Avoids Hiring Tankers That Previously Transported Russian Oil

Exxon Mobil Corp., is avoiding hiring oil tankers that previously carried cargoes from Russia, putting itself in the same camp as Shell Plc with a move that pressures owners to choose whether to serve Moscow’s interests or not. The largest …

Exxon Mobil Declares Force Majeure on Its Russian Sakhalin-1 Operations

Exxon Mobil Corp. said on Wednesday its Russian unit Exxon Neftegas Ltd. has declared force majeure for its Sakhalin-1 operations due to sanctions on Russia that have made it increasingly difficult to ship crude to customers. The Sakhalin-1 project produces …

Connecticut Sues Exxon for Allegedly Deceiving Consumers About Climate Change

Connecticut filed a lawsuit on Monday against oil giant Exxon Mobil Corp for misleading the public over the impacts of climate change, becoming the latest state to target the fossil fuel industry for violating state consumer protection laws. The state’s …

Exxon Argues Massachusetts AG’s Climate Lawsuit Amounts to Improper Retaliation

Exxon Mobil Corp. will argue that a consumer and investor fraud lawsuit filed by the Massachusetts attorney general amounts to improper retaliation against the company over its views on climate change. The company will seek to dismiss the suit under …

District of Columbia Sues 4 Oil Majors for Misleading Consumers on Climate Change

The attorney general for the District of Columbia on Thursday filed a lawsuit against Exxon Mobil Corp, BP Plc, Chevron Corp, and Royal Dutch Shell Plc for “systematically and intentionally misleading” consumers about the role their products play in causing …

Minnesota AG Sues Exxon, Koch and API over Climate Change ‘Deceptions’

The state of Minnesota has filed a lawsuit against the American Petroleum Institute, Exxon Mobil Corp. and Koch Industries for what it called a decades-long campaign to deceive the public about climate change. The lawsuit is the latest in a …

Exxon Loses Jurisdiction Fight in Massachusetts Climate Suit

Exxon Mobil Corp. suffered a setback in a climate change case when a federal judge ruled that a consumer protection lawsuit filed by Massachusetts should go back to state court. U.S. District Judge William G. Young in Boston on Tuesday …

New York Won’t Appeal Its Defeat in Exxon Climate Trial

New York won’t appeal a ruling by a judge who rejected the state’s claim that Exxon Mobil Corp. misled investors for years about the oil giant’s internal planning for risks associated with climate change. New York Attorney General Letitia James, …

Massachusetts Sues Exxon for Misleading Investors, Consumers About Climate Change

The state of Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of misleading investors and consumers for decades about the role fossil fuels play in climate change. Attorney General Maura Healey filed the lawsuit shortly after Exxon …