ExxonMobil hit with SEC probe over Permian basin asset valuation: report

The Wall Street Journal says whistleblower complaint alleges lower-level employees were pressured to use unrealistic assumptions on drilling

At the helm: ExxonMobil chief executive Darren Woods
At the helm: ExxonMobil chief executive Darren WoodsPhoto: AP/SCANPIX
Published 15 January 2021, 14:56Updated 15 January 2021, 14:56
ExxonMobilUS Securities and Exchange CommissionDarren WoodsUSPermian Basin