ExxonMobil has launched a authorized problem in opposition to the EU in an try and derail the bloc’s windfall tax on the earnings of power producers.
In a high-stakes political battle as international locations throughout Europe and the broader western world battle with hovering power prices and sky-high inflation, the US oil agency mentioned it believed the EU had overreached its powers with the windfall tax.
Agreed in September as a part of a package deal of measures to sort out the surge in oil, fuel and electrical energy costs triggered…
