💨 Abstract

Three major U.S. energy companies, Exxon Mobil, Chevron, and ConocoPhillips, paid $42 billion to foreign governments in 2023, eight times more than their U.S. payments. This is the first year they had to disclose such payments due to a new Securities and Exchange Commission rule.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖