tradingkey.logo

EXCLUSIVE-ExxonMobil CEO warns EU sustainability law could end Europe operations

ReutersNov 3, 2025 5:52 AM

- ExxonMobil CEO Darren Woods told Reuters on Monday it will be impossible for the energy giant to continue doing business in Europe if the European Union doesn't make significant changes to a sustainability law that threatens to penalize companies with fines of 5% of global revenue.

Woods said EU lawmakers are listening to opposition to the law, but he has not seen significant changes to it yet.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI