Exxon disagrees with court's $75 billion fine for its Chad consortium
N'DJAMENA (Reuters) - ExxonMobil said on Thursday it disagreed with a court decision in Chad that fined a consortium led by the U.S. oil major over 44 trillion CFA francs ($75 billion) - nearly four times BP's record Deepwater Horizon settlement - over unpaid royalties. The decision would see the central African nation awarded the equivalent of nearly seven times its annual gross domestic product. "We disagree with the Chadian court's ruling and are evaluating next steps," Exxon media advisor To
Read more »