
May 14 () - A Texas jury on Wednesday found Exxon Mobil not liable on claims it defrauded investors through disclosures tied to its Canadian oil sands and Rocky Mountain gas operations. • The 2016 lawsuit alleged Exxon concealed that its Canadian bitumen operations were losing money, failed to properly incorporate carbon-cost assumptions into reserve valuations, and delayed recognizing impairment charges tied to Rocky Mountain dry gas assets.