Coverage dated December 27, 2022 to December 28, 2022
Energy giant ExxonMobil sues EU in move to block new windfall tax
Headline from France 24
US oil major Exxon Mobil Corp XOM.N 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…
France 24's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
European subsidiaries of the American oil giant filed a lawsuit with a European Union court seeking to stop the tax, which Exxon Mobil said could cost it billions of dollars.
Hitting back at Brussels’ imposition of a windfall tax on oil companies, Exxon Mobil Corp is suing the European Union on the grounds that the tax will hinder investment and end up being “counter-productive”
US oil major Exxon Mobil Corp XOM.N 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…
European subsidiaries of the American oil giant filed a lawsuit with a European Union court seeking to stop the tax, which Exxon Mobil said could cost it billions of dollars.
The EU believes Exxon and Chevron capitalized on an energy crisis and should be fined. The companies, want the money to invest in energy infrastructure.
Energy giant ExxonMobil sues EU in move to block new windfall tax | Since Then
