Item 3. Legal Proceedings
ITEM 3. LEGAL PROCEEDINGS
ExxonMobil has elected to use a $1 million threshold for disclosing environmental proceedings.
As reported in the Corporation’s Form 10-Q for the third quarter of 2024, XTO Energy, Inc. (XTO) received a Notice of Violation from the United States Environmental Protection Agency (EPA) on March 9, 2022 regarding certain well pad production facility sites in Butler County, Pennsylvania, alleging violations of certain federal New Source Performance Standards (NSPS) and Pennsylvania’s Title V operating permit regulations. In October 2024, XTO entered into a consent decree with the Department of Justice (DOJ) and the Department of Environmental Protection of Pennsylvania to resolve these alleged violations upon payment of a $4.0 million penalty. On December 13, 2024, the United States District Court for the Western District of Pennsylvania entered the consent decree, and XTO paid the civil penalty of $4.0 million.
As reported in the Corporation’s Form 10-Q for the first quarter of 2024, on August 4, 2022, XTO received a letter from the DOJ notifying XTO of the EPA’s request to initiate a potential civil action against XTO regarding the Schnegg well in Powhatan Point, Ohio. The EPA alleged 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. In December 2024, XTO signed a consent decree with the DOJ to resolve these alleged violations upon payment of an $8.0 million penalty, which XTO intends to pay in March 2025.
As reported in the Corporation’s Form 10-Q for the first quarter of 2023, ExxonMobil appealed to the U.S. Court of Appeals for the Fifth Circuit a judgment of the United States District Court for the Southern District of Texas (Texas District Court) entered on April 26, 2017, in a citizen suit captioned Environment Texas Citizen Lobby, Inc. et al. v. Exxon Mobil Corporation, relating to alleged Clean Air Act and other violations at the Baytown complex. The Texas District Court had awarded approximately $20 million in civil penalties, payable to the United States Treasury. On July 29, 2020, the Fifth Circuit vacated the Texas District Court’s penalty award and remanded the case back to the Texas District Court for further proceedings. On March 2, 2021, the Texas District Court awarded $14.25 million in civil penalties, payable to the United States Treasury. ExxonMobil filed its appeal of the judgment in the U.S. Court of Appeals for the Fifth Circuit on April 12, 2021. On August 30, 2022, the Fifth Circuit affirmed the Texas District Court’s revised penalty award of $14.25 million. On February 17, 2023, the Fifth Circuit granted ExxonMobil’s motion for rehearing en banc. On December 11, 2024, the Fifth Circuit affirmed the Texas District Court’s judgment assessing a $14.25 million penalty against ExxonMobil. ExxonMobil is continuing to evaluate its available options, including seeking review in the U.S. Supreme Court.
Refer to the relevant portions of Note 16 of the Financial Section of this report for additional information on legal proceedings.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.
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Information about our Executive Officers (positions and ages as of February 19, 2025)
Name Age Current and Prior Positions (up to five years)
Darren W. Woods 60 Chairman of the Board and Chief Executive Officer (since January 1, 2017)
Director and President (since January 1, 2016)
Neil A. Chapman 62 Senior Vice President (since January 1, 2018)
Kathryn A. Mikells 59 Senior Vice President and Chief Financial Officer (since August 9, 2021)
Chief Financial Officer and a member of the board of directors for Diageo plc
(November 2015 - June 2021)
Jack P. Williams, Jr. 61 Senior Vice President (since June 1, 2014)
Daniel L. Ammann 52 Vice President (since May 1, 2022)
President, ExxonMobil Upstream Company (since February 1, 2025)
President, Low Carbon Solutions (May 1, 2022 - December 31, 2024)
Chief Executive Officer, Cruise LLC (January 2019 - December 2021)
James R. Chapman 55 Vice President, Treasurer and Investor Relations (since May 1, 2024)
Vice President, Tax and Treasurer (November 28, 2022 - April 30, 2024)
Dominion Energy, Inc. (prior to November 28, 2022):
Executive Vice President, Chief Financial Officer and Treasurer (January 2019 - November 2022)
Len M. Fox
61 Vice President, Controller and Tax (since May 1, 2024)
Vice President and Controller (March 1, 2021 - April 30, 2024)
Assistant Treasurer, Exxon Mobil Corporation (February 1, 2020 - December 31, 2020)
Vice President, Chemical Business Services and Treasurer (June 1, 2015 - January 31, 2020)
Jon M. Gibbs 53 President, ExxonMobil Global Projects Company (since April 1, 2021)
Senior Vice President, Global Project Delivery, ExxonMobil Global Projects Company
(July 1, 2020 - March 31, 2021)
President, ExxonMobil Global Services Company (April 1, 2019 - June 30, 2020)
Karen T. McKee
58 Vice President (since April 1, 2019)
President, ExxonMobil Product Solutions Company (since April 1, 2022)
President, ExxonMobil Chemical Company (April 1, 2019 - March 31, 2022)
Darrin L. Talley 60 Vice President, Corporate Strategic Planning (since April 1, 2022)
President, ExxonMobil Research and Engineering Company (April 1, 2020 - March 31, 2022)
Manager, Corporate Strategy, Corporate Strategic Planning (March 15, 2017 - March 31, 2020)
Jeffrey A. Taylor 60 Vice President, General Counsel and Corporate Secretary (since July 1, 2024)
Deputy General Counsel (May 9, 2024 - June 30, 2024)
Executive Vice President and General Counsel, Fox Corporation (March 1, 2021 - May 8, 2024)
Executive Vice President and Chief Litigation Counsel, Fox Corporation
(March 1, 2019 - February 28, 2021)
Officers are generally elected by the Board of Directors at its meeting on the day of each annual election of directors, with each such officer serving until a successor has been elected and qualified. The above-named officers are required to file reports under Section 16 of the Securities Exchange Act of 1934.
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PART II