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Exclusive-ExxonMobil CEO warns EU sustainability law could end Europe operations
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Exclusive-ExxonMobil CEO warns EU sustainability law could end Europe operations
Nov 2, 2025 10:05 PM

ABU DHABI (Reuters) -ExxonMobil ( XOM ) CEO Darren Woods told Reuters on Monday it will be impossible for the energy giant to continue doing business in Europe if the European Union doesn't make significant changes to a sustainability law that threatens to penalize companies with fines of 5% of global revenue.

Woods said EU lawmakers are listening to opposition to the law, but he has not seen significant changes to it yet.

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