EnergyWatch

Exxon CEO faces showdown with stockholders regarding the future of oil

The oil giant has spent at least USD 35m in its fight against activist investors.

Photo: SERGIO MORAES/REUTERS / X90023

The US-based oil company Exxon Mobil's stockholders will vote on whether to assign four of its seats to candidates leaning towards a more environmentally responsible course.

The oil giant has spent at least USD 35m in its fight against activist investors, according to The Wall Street Journal (WSJ).

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