Maryland Daily Record Maryland's trusted source for business and legal news
Exxon Mobil CEO Rex Tillerson expects the price of oil to remain low over the next two years because of ample global supplies and relatively weak economic growth.
Tagged with: exxon gas prices oil
Read More »Exxon sees abundant oil, gas far into the future
North America, once a sponge that sucked in a significant portion of the world’s oil, will instead be supplying the world with oil and other liquid hydrocarbons by the end of this decade, according to ExxonMobil’s annual long-term energy forecast.
Tagged with: exxon fuel gasoline
Read More »Exxon: Climate-change policies won’t hurt our sales
Exxon Mobil says that global policies to combat climate change won't be strict enough to stop the company from selling all of the oil and gas it has found — and all that it will find in the foreseeable future — because the fuels are too important for global economic development.
Tagged with: breaking news exxon
Read More »Group settles with Exxon in Jacksonville leak case
Nearly eight years after a 25,000-plus-gallon gas station leak in Jacksonville, a group of affected households have settled their lawsuit against Exxon Mobil Corp.
Tagged with: Baltimore County Circuit Court breaking news exxon Exxon trial jacksonville lawsuit leak legal news maryland Supreme Court
Read More »Supreme Court won’t hear Baltimore Co. gas-leak case
About 160 Baltimore County households and businesses have lost a Supreme Court bid for reinstatement of $1.5 billion in damages against Exxon Mobil Corp. stemming from a massive gasoline leak in Jacksonville in 2006.
Tagged with: Baltimore County exxon gas leak jacksonville leak legal news maryland maryland court of appeals Supreme Court
Read More »Long-running Fallston Exxon case to stay in state court
About 750 Fallston residents have cleared a legal hurdle in their multibillion-dollar lawsuit against Exxon Mobil Corp., alleging they were exposed to groundwater contaminated by a former Exxon station nearly a decade ago.
Tagged with: 4th U.S. Circuit Court of Appeals breaking news contamination exxon lawsuit leak legal news maryland U.S. District Court
Read More »Court of Appeals tweaks Exxon rulings
The state’s highest court will not change its decision to strip hundreds of Jacksonville residents and businesses of most of the damages two juries awarded in separate lawsuits against Exxon Mobil Corp., stemming from a gasoline leak that continued for more than a month in 2006.
Tagged with: Baltimore County damages exxon exxon mobil corp. gasoline gasoline leak jacksonville Law legal news maryland court of appeals trial
Read More »Exxon’s neighbors ask top court to restore verdicts in gasoline leak cases
Hundreds of Baltimore County residents and businesses who sued Exxon Mobil Corp. over a 2006 gasoline leak have asked the state’s top court to reconsider a decision that stripped them of damages totaling more than $1.6 billion.
Tagged with: Baltimore County breaking news exxon jacksonville legal news maryland maryland court of appeals verdict
Read More »Top court rejects punitive damages, orders new trials for Exxon leak
The state’s top court has eliminated the $1 billion award of punitive damages to Baltimore County residents stemming from a massive 2006 gasoline leak in Jacksonville, and wiped out or ordered new trials on much of the $650 million in compensatory damages as well.
Tagged with: exxon exxon mobil gasoline jacksonville lawsuit leak maryland court of appeals Maryland Court of Special Appeals
Read More »Exxon passes Apple as most valuable company
NEW YORK — Exxon has once again surpassed Apple as the world’s most valuable company after the iPhone and iPad maker saw its stock price falter. Apple Inc.’s stock has been on the decline since the company’s quarterly earnings report ...
Tagged with: Apple breaking news Business company exxon new york revenue stock stock exchange
Read More »