Exxon lawsuit News

Guyana Court Stays Order for Exxon to Give Unlimited Guarantee for Oil Spills Coverage

A Guyana Appellate Court judge on Thursday temporarily stayed a lower court’s order requiring Exxon Mobil Guyana and partners in offshore oil production to provide an unlimited guarantee to cover potential oil spills. The stay lifts a cloud over oil …

Exxon, Guyana Environmental Agency in Breach of Oil-Spill Insurance Obligations: Court

An Exxon Mobil unit is in breach of insurance obligations for its first offshore oil project in Guyana in part due to errors by the environmental regulator, a Guyanese court ruled on Wednesday, a decision the government rejected. Exxon “engaged …

Exxon Begins Legal Action After Putin Blocks Its Final Russian Exit

Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. Exxon has been trying to exit the Sakhalin-1 project in the …

Exxon Dealt a Blow as Texas Judge Sends Climate Suit to New York

Exxon Mobil Corp.’s attempt to derail a multistate fraud probe into whether the company fully disclosed to investors the financial risks of climate change was dealt a major blow after a Texas judge moved the case from its home turf …

Exxon Climate Judge Orders ‘Unprecedented’ Questioning

A federal judge in Texas is giving Exxon Mobil Corp. an unprecedented chance to question a state law-enforcement officer who is investigating whether the energy company hid damaging data about climate change from investors. U.S. District Judge Ed Kinkeade in …