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ExxonMobil Corporation
Oil and Gas Supermajor
Largest publicly traded oil and gas company
Overview
ExxonMobil is one of the world's largest oil companies and a direct descendant of Standard Oil. Internal documents revealed that Exxon's own scientists accurately predicted climate change as early as the 1970s, but the company spent decades funding climate denial to protect its profits. This deliberate campaign of deception contributed to decades of delayed climate action. Multiple state attorneys general have filed lawsuits alleging consumer fraud and securities fraud related to climate deception.
Key Affiliations
Controversies & Concerns
CLIMATE DECEPTION: Internal scientists accurately predicted climate change in 1970s-80s; company funded denial for decades
EXXON VALDEZ: 1989 oil spill in Alaska devastated ecosystem, company fought damages for 20 years
DARK MONEY CLIMATE DENIAL: Funded climate denial organizations and think tanks for decades
STATE AG LAWSUITS: Multiple states suing for consumer and securities fraud related to climate deception
RECORD PROFITS: Posted $56 billion profit in 2022 during energy crisis while consumers suffered high prices
Related Investigations (2)
Criminal Charges & Violations
1 documented violations
State Consumer Fraud StatutesLawsuits alleging decades of climate change deception(Fraud)
Sources & Documentation
1 documented sources from official records, investigations, and reports
Personal Information
- Also Known As
- Exxon, XOM
Education
Key Timeline
1999
Exxon and Mobil merge, creating world's largest oil company
1977-1982
Exxon scientists accurately model climate change
1989
Exxon Valdez spill in Alaska
1998-2014
Funds climate denial organizations
2015
InsideClimate News and LA Times reveal internal climate documents
2023
State AG lawsuits proceed on climate deception claims