ExxonMobil Stock News

How court will lean is unclear amid Suncor Energy and ExxonMobil's attempt to stop lawsuits at state level

"This case involves an unprecedented effort to use state law to regulate global conduct," Kannon Shanmugam, a lawyer for the oil companies, told the justices.

The US Supreme Court is ​set on Monday to hear a bid by oil companies ExxonMobil and Suncor Energy to thwart a ‌lawsuit by officials in Boulder, Colorado, seeking monetary damages for harms caused by climate change, as the justices open a new nine-month term.

The Metals Company said on Tuesday it has appointed former ExxonMobil upstream chief Liam ​Mallon to its board as the company ‌advances plans to begin commercial recovery of polymetallic nodules in international waters under a U.S. seabed mining framework.

US Supreme Court Justice Samuel Alito will not ​participate in an upcoming case involving a bid ‌by oil companies to scuttle a lawsuit seeking to hold them liable for helping fuel climate change, a court official ​said on Monday.

The latest rebalance of VettaFi's Thematic Rotation Quality Momentum Screened Index (TQRMS), tracked by the NBI Thematic Rotation ETF (NTHM:TSX), reshapes the portfolio around a new set of themes. GLP-1 weight loss drug manufacturers and midstream energy join the index, while battery technology & storage and software-as-a-service (SaaS) exit.

Petrovietnam Refining and Petrochemical Corp , also known as ​BSR, has signed a framework ‌agreement with ExxonMobil Asia Pacific for crude oil supplies for its ​refinery.

A US judge on Tuesday dismissed an antitrust lawsuit in which Michigan accused four major ​oil companies of colluding to forestall competition in ‌renewable energy, including electric vehicles, a decision in line with prior rulings in similar cases.