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Exxon Mobil Corp. involved in multiple oil and gas disputes

| Oct 29, 2019 | Oil And Gas Disputes |

The use of fossil fuels for various endeavors and the collecting of those materials are often points of contention in differing groups. In some cases, oil and gas disputes can lead to serious lawsuits that put companies in the position of having to defend their uses and business practices. Unfortunately for those companies, these disputes are not uncommon.

California readers may be interested in disputes involving Exxon Mobil Corp. According to reports, the company is accused of providing false information to investors regarding the impacts that emissions can have on the climate. Claims indicate that the company knew about the possible damage since 1977 and have covered up the information presumably for company gain. Exxon, however, denies those claims. 

The company is currently facing lawsuits in multiple states, and those suits focus on the alleged deception that Exxon Mobil has carried out in efforts to cover up negative impacts of fossil fuel use. However, the company indicated that the claims are politically motivated and without merit. The company plans to defend against the allegations as the cases move forward. The report also stated that three other lawsuits against over a dozen oil and gas companies were allowed to move forward by the Supreme Court.

Any business can face accusations from outside parties who believe that the businesses are not operating honestly. As this report shows, oil and gas disputes can be far reaching, and companies can have a lot on their plates when it comes to defending against negative claims. If companies in California are facing such allegations, they may want to discuss their available options with their legal counsel.