US oil company ExxonMobil sues to block investors’ climate proposals ...Middle East

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The US oil company ExxonMobil has filed a lawsuit to block a vote on a climate resolution brought by a green activist, in move that will be closely watched by fossil fuel companies worldwide. The company hopes to stop investors voting on a motion put forward by Follow This, a Dutch green activist investor group, which called for Exxon to accelerate its attempts to cut greenhouse gas emissions. The company filed the lawsuit at a US district court in Texas on Sunday, arguing that the proposal violates SEC investor petition rules. It asked the court to make a decision by 19 March, before its annual meeting on 29 May. The move will be closely watched by other oil and gas companies and green g

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