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People of the State of New York v. Exxon Mobil Corp. was a lawsuit filed on October 24, 2018, in the New York Supreme Court. The suit alleges fraud by Exxon Mobil Corporation to mislead the company's investors about management of risks posed by climate change. [1] On November 15, 2018, the court signed a preliminary conference order scheduling ...
Criticism of ExxonMobil. As the world's largest majority investor-owned oil and gas corporation, ExxonMobil has received significant amounts of controversy and criticism, mostly due to its activities which increase the speed of climate change and its denial of global warming . The largest direct descendant of Standard Oil is also attributed to ...
Exxon Mobil is No. 3 on the Fortune 500 and the largest gas and oil corporation in the U.S., having posted a $36 billion profit in 2023. The firm has “tabled proposals" with governments ...
MICHELLE CHAPMAN. October 11, 2023 at 10:30 AM. Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ...
Exxon Mobil Corp. v. Allapattah Services, Inc., 545 U.S. 546 (2005), was a case in which the Supreme Court of the United States held that 28 U.S.C. § 1367 permits supplemental jurisdiction over joined claims that do not individually meet the amount-in-controversy requirements of § 1332, provided that at least one claim meets the amount-in-controversy requirements.
ExxonMobil Electrofrac uses a series of fractures created in the oil shale formation. Preferably these fractures should be longitudinal vertical fractures created from horizontal wells and conducting electricity from the heel to the toe of each heating well. For conductivity, an electrically-conductive material such as calcined petroleum coke ...
Exxon Mobil Corp (09–7125) is a lawsuit filed in the United States by 11 Indonesian villagers against ExxonMobil Corporation alleging that the company is responsible for human rights violations in the oil-rich province of Aceh, Indonesia. The case has broad implications for multinational corporations doing business in other countries.
Exxon Mobil's profit declined in its first quarter as natural gas prices fell and industry refining margins dropped. The energy company earned $8.22 billion, or $2.06 per share, for the three ...