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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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 ...

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