December 21, 2002 |
Exxon Mobil Corp. said the Alabama Supreme Court threw out a $3.5-billion damage award levied against the oil company for underpaying gas royalties owed the state. The court reversed the jury verdict and sent the case back to a lower court for retrial, the company said.
January 18, 2007 |
Exxon Mobil Corp. must face a lawsuit that claims Indonesian soldiers guarding a natural gas processing plant in Aceh province tortured and killed local residents, the U.S. Court of Appeals in Washington said. Judges upheld a lower court's denial of Exxon Mobil's request to throw out the case. The suit, filed in 2001 by 11 Indonesians, claims that the soldiers were under Exxon Mobil's control, making the Irving, Texas-based company liable.
June 15, 2005 |
A former White House official and onetime oil industry lobbyist whose editing of government reports on climate change prompted criticism from environmentalists will join Exxon Mobil Corp., the oil company said. The White House announced that Philip Cooney, chief of staff of its Council on Environmental Quality, had resigned, calling it a long-planned departure.
June 8, 2006 |
Exxon Mobil Corp. has declined a request from pension fund trustees in seven states, including California, and New York City to discuss global warming with independent board members of the oil giant. The company said that instead, managers would meet with the pension officials this summer. A group of pension fund leaders and investors accused Exxon Mobil of fighting efforts to limit global warming and failing to invest in alternative energy.
February 5, 2006
Exxon Mobil Corp. needn't be so sensitive ("Exxon Moves to Head Off Backlash," Jan. 21). Making money is its reason for being, and most of us car owners keep telling it that gasoline is still not too expensive. All the single-occupancy pickup trucks, SUVs and luxury sedans on the road are a clear message that Big Oil has not yet found our ouch point. Gary Paudler Summerland, Calif.
June 17, 2008 |
Exxon Mobil Corp. has failed to persuade the Supreme Court to halt a human rights lawsuit against it. The justices rejected the Irving, Texas-based energy company's appeal of a ruling on a 2001 lawsuit filed by International Rights Advocates on behalf of villagers in Indonesia's Aceh province. The suit alleged that the Indonesian military committed rampant human rights abuses against the villagers while under Exxon's employ to guard a natural gas facility.
January 31, 2003 |
Exxon Mobil Corp. had its first profit gain in six quarters because of a rise in oil and natural gas prices. Net income in the fourth quarter rose to $4.09 billion, or 60 cents a share, from $2.68 billion, or 39 cents, in the same period in 2001, the company said. Revenue rose 18% to $56.2 billion. Higher prices sparked a doubling of earnings from oil and gas production to $3 billion even as oil output fell. Shares of Irving, Texas-based Exxon Mobil fell 62 cents to $33.23 on the NYSE.
February 3, 2006 |
A federal judge gave preliminary approval to Exxon Mobil Corp.'s $1.1-billion settlement of a lawsuit filed in 1991 by Florida service-station owners who didn't receive promised fuel discounts. Almost 11,000 station owners will be notified of a final settlement hearing to be held April 5 in U.S. District Court in Miami. The hearing is the last step in the suit, which Exxon Mobil appealed and lost at the U.S. Supreme Court. Exxon maintains it has no liability and did nothing wrong.