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New Discovery in Arthritis and Osteoporosis TreatAsian shares fall as US yields hit one-year highUS Plans to Indict Cuba's Raul CastroJapan producer prices surge 4.9% in AprilChina still drags its feet on rare earthsStrong wind lifts man 50 meters in IndiaDocebo Q1 2026 Beats EPS, Stock Dips 8.5%Exxon Mobil Not Liable to Investors Over Oil SandsFrench daycare shock: 2-year-old girl found drunkPrecigen Q1 2026: EPS and Revenue Beat ExpectationsNew Discovery in Arthritis and Osteoporosis TreatAsian shares fall as US yields hit one-year highUS Plans to Indict Cuba's Raul CastroJapan producer prices surge 4.9% in AprilChina still drags its feet on rare earthsStrong wind lifts man 50 meters in IndiaDocebo Q1 2026 Beats EPS, Stock Dips 8.5%Exxon Mobil Not Liable to Investors Over Oil SandsFrench daycare shock: 2-year-old girl found drunkPrecigen Q1 2026: EPS and Revenue Beat Expectations
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STOCK MARKETS

Exxon Mobil Not Liable to Investors Over Oil Sands

Texas jury clears Exxon Mobil of fraud allegations related to Canadian oil sands and gas assets.

Robert Moore
ByRobert Moore- Senior Editor
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Exxon Mobil Not Liable to Investors Over Oil Sands
Photo: Prepared by Bond.az

A Texas jury on Wednesday found Exxon Mobil not liable for allegedly defrauding investors regarding its Canadian oil sands and Rocky Mountain gas operations.

The 2016 lawsuit claimed Exxon concealed losses in its Canadian bitumen operations and failed to properly incorporate carbon costs into reserve valuations.

The jury determined that investors who bought Exxon stock between February and October 2016 did not prove the company misled them.

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