ExxonMobil labels EU windfall tax ‘counterproductive’ as it launches legal challenge
Energy major ExxonMobil said Dec. 29 that it has launched a legal challenge against the windfall tax imposed by the EU on oil and gas company profits, labelling the measure “counterproductive” and calling for more “thoughtful policy” initiatives. A spokesperson for the energy major told S&P Global Commodity Insights that its affiliates in the Netherlands and Germany had filed a…