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MARKETS

Unions turn on Exxon

EXXONMOBIL has dismissed as “misinformation” union claims it has paid no corporate income tax on $18 billion revenue and was encouraging Esso Australia’s maintenance contractor UGL to cut wages and conditions of 230 onshore and offshore Australian gas workers.

Anthony Barich
Unions turn on Exxon

The supermajor, which reportedly has US$54 billion "stashed offshore around the world", is one of the players actively working to find longer-term solutions to the east coast gas crisis, having recently...

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