- Bloomberg
Exxon Pleads Not Guilty in Guyana to Misstating Equipment Value
(Bloomberg) -- Exxon Mobil Corp. and one of its suppliers pleaded not guilty in a Guyana court Friday to charges related to overstating the value of oil-well equipment on a customs declaration by 200 times to about $12 billion.Most Read from BloombergElon Musk Pledges to Grow Supercharger Business He Just DecimatedBiden Set to Hit China EVs, Strategic Sectors With TariffsAckman Scolded Over DEI Views at Closed-Door Milken SessionApple Apologizes for iPad Pro Ad, Scraps Plan to Air It on TVNovava
- Reuters
Exxon hit with $725.5 million verdict over mechanic's leukemia diagnosis
A Pennsylvania jury ordered ExxonMobil to pay $725.5 million to a former mechanic who claimed toxic chemicals in the company’s gasoline and solvents caused his cancer, according to attorneys for the plaintiff. The 10-2 verdict came on Thursday, attorneys said, after a trial in a state court in Philadelphia, where former mechanic Paul Gill alleged he was exposed to benzene in ExxonMobil products while working at a gas station between 1975 and 1980. Following the trial that lasted just over a week, the jury found Exxon liable for negligently failing to warn about the health risks of benzene, which the U.S. Environmental Protect Agency (EPA) has classified as a known carcinogen.
- Yahoo Finance
Big Oil is doing way better under Biden than under Trump
Trump is a friend of Big Oil, but energy firms had some of their worst years ever during the Trump presidency.
