Exclusive: Whistleblower Accuses Exxon of 'Fraudulent' Behavior for Overvaluing Fracking Assets For Years

DeSmogBlog
By Nick CunninghamFeb 2, 2021, 12:58 pm1.1k ptsInterestingTop
Read time: 7 mins ExxonMobil announced a $19.3 billion write-down on Tuesday, a big hit to a company reeling from depressed oil and gas prices and a rapidly changing global energy market. The write-down reduces the value of the assets on Exxon’s books. The announcement comes as part of the company’s fourth…

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