Thursday, December 29, 2022

ExxonMobil sues EU over windfall tax

The US energy giant ExxonMobil is suing the European Union in a bid to stop the bloc's new windfall tax on oil firms.


The EU's Commission earlier this year announced an emergency plan for major fossil fuel companies to pay a "crisis contribution" on their record profits accrued in light of supply concerns following Russia's invasion of Ukraine. 


Benji Hyer reports. 


IN: ExxonMobil

OUT: SOC

DUR: 50 secs

 

http://www.fsnradionews.com/feeds/1229oil-bh-generic.mp3