Exxon Mobil Corp is suing the European Union (EU) in a push to eliminate a new windfall tax against oil groups, arguing the bloc does not have legal authority to impose the levy.
U.S. oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.
ExxonMobil is suing the European Union over the bloc's new windfall tax on oil groups, arguing Brussels exceeded its legal authority over what the U.S. oil firm called a "counterproductive" measure.