New York

Oil & Gas

Exxon prevails over New York in climate accounting case

Exxon Mobil Corp. won a closely watched securities-fraud trial that delved into its internal accounting for the financial risks of climate change, a striking rejection of New York state’s claim that the company misled investors for years.


Exxon sued by New York AG over climate change

The New York Attorney General filed a lawsuit against Exxon Mobil, claiming the Texas-based oil giant had misled investors about its readiness to tackle the financial challenges climate change posed to their business.


Willbros warned it could be de-listed from the NYSE

Oil engineering firm Willbros Group has been warned its stock could be de-listed from the New York Stock Exchange. The move will happen unless the company trades at an average of $1 a share over a 30-day period. The company said in 10 days it will tell the NYSE how it aims to get back into compliance with the group’s listing standards within six months.