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18 Jan 2021, 12:31 pm
Mayor and City Council of Baltimore, was filed in 2018 by the city against a group of oil and gas companies, including BP, Chevron, Exxon Mobil, Shell and Citgo. [read post]
9 Dec 2020, 3:03 am
Earlier this week, though, the WSJ reported that Engine No. 1 LLC, a new activist investor with a focus on sustainability, has taken aim at Exxon Mobil: Engine No. 1 LLC, an investment firm launched by Chris James last week, is preparing to send a letter to Exxon ’s board urging the Irving, Texas-based company to focus more on investments in clean energy while cutting costs elsewhere to preserve its dividend. [read post]
20 Nov 2020, 7:35 am
App. 3 Cir. 7/18/18), 252 So.3d 546) and Second Circuits (as reflected in Walton v Exxon Mobil Corp., 49,569 (La. [read post]
20 Nov 2020, 7:35 am
App. 3 Cir. 7/18/18), 252 So.3d 546) and Second Circuits (as reflected in Walton v Exxon Mobil Corp., 49,569 (La. [read post]
29 Oct 2020, 7:36 am
India Bans Mobile Payment Providers From Launching New Proprietary QR CodesNFCW – October 26, 2020 Payment system operators in India can no longer issue new proprietary QR codes for mobile payments, the Reserve Bank of India (RBI) has announced. [read post]
29 Sep 2020, 3:30 pm
On August 5, 2020, Exxon Mobil announced that it would be suspending the company’s matching of employee contributions for its 401k plan. [read post]
27 Jul 2020, 10:11 am
Exxon Mobil Corp. in which the state alleges that Exxon Mobil deceived investors. [read post]
2 Jun 2020, 11:12 am
Specifically, the Court found that the contracts entered into between the energy companies and the federal government were “typical of any commercial contract” and the companies activities under those agreements are not “so closely related to the government’s function that the [companies] face a significant risk of state-court prejudice. [read post]
2 Jun 2020, 11:12 am
Specifically, the Court found that the contracts entered into between the energy companies and the federal government were “typical of any commercial contract” and the companies activities under those agreements are not “so closely related to the government’s function that the [companies] face a significant risk of state-court prejudice. [read post]
28 May 2020, 10:46 am
The case comes from a public-nuisance complaint filed by the city of Oakland and the city and county of San Francisco against five energy companies that use fossil fuels, including BP, Chevron Corporation, ConocoPhillips, Exxon Mobil Corporation and Royal Dutch Shell. [read post]
16 Mar 2020, 2:33 pm
The drug companies will not rip us off. [read post]
4 Feb 2020, 7:04 am
Another example involves the recent trial of Exxon Mobil Corp. for securities fraud in Manhattan. [read post]
15 Jan 2020, 2:45 pm
Exxon Mobil Corp., 65 Misc. 3d 1233(A), 1 (N.Y. [read post]
15 Jan 2020, 2:45 pm
Exxon Mobil Corp., 65 Misc. 3d 1233(A), 1 (N.Y. [read post]
15 Jan 2020, 2:45 pm
Exxon Mobil Corp., 65 Misc. 3d 1233(A), 1 (N.Y. [read post]
12 Dec 2019, 2:59 am
The judge also accepted Exxon’s argument that the company’s internal practices didn’t impact its financials. [read post]
10 Dec 2019, 2:55 pm
The investigation followed a report that first appeared in the Los Angeles Times that Exxon Mobil’s internal assessment of the risks to the company from climate-related regulatory change and fossil fuels usage were far different that the assessments in the company’s public statements. [read post]
13 Nov 2019, 7:54 am
Exxon is on trial in New York in a case brought by New York regulators, who claim that Exxon Mobil “kept a secret set of financial books that seriously underestimated the costs of potential climate change regulation while claiming publicly that it was taking such factors into account,” according to the New York Times. [read post]
29 Oct 2019, 6:06 pm
Exxon Mobil is only one of many companies making disclosures about the risks arising from climate change. [read post]
29 Oct 2019, 1:33 pm
This deception misled Massachusetts investors by inflating the value of the company’s portfolio of oil and gas projects around the world, including its high-cost and heavily polluting oil sands assets in western Canada.According to the complaint, the company is also engaging in an ongoing campaign to deceive Massachusetts consumers, including the drivers who use the nearly 300 Exxon-branded gas stations in Massachusetts, by making misleading statements in its… [read post]
