1 unchanged sentence
ExxonMobil has elected to use a $1 million threshold for disclosing environmental proceedings.
−Removed: On August 4, 2022, XTO Energy, Inc.
−Removed: (“XTO”) received a letter from the Department of Justice (“DOJ”) notifying XTO of the United States Environmental Protection Agency’s (“EPA”) request to initiate a potential civil action against XTO regarding the Schnegg well in Powhatan Point, Ohio.
−Removed: The letter did not quantify an associated civil penalty potentially sought by the DOJ.
−Removed: The EPA alleges XTO breached its duty under the General Duty Clause of the Clean Air Act for the Schnegg well, and such breaches resulted in the 2018 well blowout.
−Removed: Neither a civil action has been filed nor a draft consent decree has been provided by the DOJ.
−Removed: XTO is assessing the factual basis of the allegation and any associated penalties.
−Removed: In discussions in January 2023, the DOJ indicated it may seek a potential penalty substantially in excess of $1 million and XTO strongly disagrees with DOJ’s initial position.
−Removed: On November 21, 2022, the State of Texas, acting by and through its Attorney General (“State”), filed a complaint against the Corporation (captioned State of Texas v.
−Removed: Exxon Mobil Corporation) in Travis County District Court, TX, Cause No.
−Removed: D-1-GN-22-006534, for alleged violations of the Texas Clean Air Act at the Baytown Olefins Plant located in Baytown, Texas.
−Removed: The complaint seeks civil penalties for alleged unauthorized air pollution, unauthorized outdoor burning, nuisance, and unauthorized visible emissions associated with multiple alleged air emissions events between 2018 and 2022 in an amount in excess of $1 million and injunctive relief against the Corporation to enjoin a violation or threatened violation of any Texas Commission on Environmental Quality statute.
−Removed: The State also seeks to recover its fees and costs of litigation.
+Added: As reported in the Corporation’s Form 10-Q for the third quarter of 2023, the State of Texas filed suit against ExxonMobil Oil Corporation (EMOC) on August 19, 2020, seeking penalties and injunctive relief in connection with alleged unauthorized emissions events at EMOC’s Beaumont Refinery in Texas from 2017 to 2020.
+Added: The suit, captioned State of Texas v.
+Added: ExxonMobil Oil Corporation, was filed in the 98th Judicial District Court of Travis County, Texas (the “98th Judicial District Court”).
+Added: In September 2023, the State of Texas and EMOC agreed to settle the alleged violations upon payment of $1.6 million to the State of Texas (the “Settlement”) pending approval by the 98th Judicial District Court.
+Added: In November 2023, the 98th Judicial District Court approved the Settlement, and EMOC paid the amounts required under the Settlement in December 2023.
Refer to the relevant portions of “Note 16:
16 unchanged sentences
Executive Vice President, Chief Financial Officer and Treasurer (January 2019 - November 2022)
−Removed: Senior Vice President, CFO and Treasurer (November 2018 - December 2018)
−Removed: Senior Vice President, Mergers & Acquisitions and Treasurer (February 2016 - October 2018)
60 Vice President and Controller (since March 1, 2021, following a special assignment)
29 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.