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Exxon Mobil Corp (09–7125) is a lawsuit filed in the United States by 11 Indonesian villagers against ExxonMobil Corporation alleging that the company is responsible for human rights violations in the oil-rich province of Aceh, Indonesia. The case has broad implications for multinational corporations doing business in other countries.
Exxon Mobil Corp. under the Alien Tort Claims Act (ATCA) in the Federal District Court for the District of Columbia on behalf of 11 villagers from Aceh claiming to be victims of human rights abuses by security forces hired by ExxonMobil. The suit alleges that ExxonMobil employed military troops to protect its operations, and aided and abetted ...
ExxonMobil Corporation [a] ( / ˌɛksɒnˈmoʊbəl / EKS-on-MOH-bəl; commonly shortened to Exxon [5] [6] [7]) is an American multinational oil and gas corporation and the largest direct descendant of John D. Rockefeller 's Standard Oil. The company, which took its present name in 1999 per the merger of Exxon and Mobil, is vertically integrated ...
ExxonMobil issues statement condemning such abuses ‘including those asserted in this case against the Indonesian military’
Ines Ferré. May 7, 2024 at 8:30 AM. ExxonMobil ( XOM) will still be producing oil and gas in 2050, the energy company's CEO told Yahoo Finance on Monday, but fossil fuels will likely be a smaller ...
Arun gas field. The Arun gas field is a natural gas field located in the Aceh province on north Sumatra, Indonesia. It was discovered by Mobil Oil Corporation in 1971 and has been described as "the most lucrative LNG operation in the twentieth century." [1] The field began production of natural gas and condensates in 1975.
ExxonMobil, an American multinational oil and gas corporation presently based out of Texas, has had one of the longest histories of any company in its industry.A direct descendant of John D. Rockefeller's Standard Oil, the company traces its roots as far back as 1886 to the founding of the Vacuum Oil Company, which would become part of ExxonMobil through its own merger with Mobil during the 1930s.
Exxon Mobil Corp. earned $9.07 billion, or $2.25 per share in the period. That compares with $19.66 billion, or $4.68 per share, a year earlier. Removing certain items, earnings were $2.27 per share.