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Exxon seeks Trump administration’s help in thwarting European Union climate law (XOM:NYSE)

September 19, 2025

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Exxon Posts 38 Percent Decline In Quarterly Profit — Spencer Platt/Getty Images News

Exxon Mobil (NYSE:XOM) called Thrusday for European leaders to repeal a new climate law that would fine corporations, with CEO Darren Woods saying the directive’s penalties of as much as 5% of a company’s global revenue would be “bone-crushing.”

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