Market Chatter: ExxonMobil Reportedly Seeks Suspension of EU's Carbon Capture Rules

06:54 AM EST, 11/12/2026 (MT Newswires) -- ExxonMobil (7DZ.F) filed an arbitration challenge to the European Union's carbon capture rules under the Net-Zero Industry Act, London's Financial Times reported Thursday, citing a European Commission memo that it saw. The energy and petrochemical company invoked a 1994 investor protection treaty that allows companies to sue governments over discriminatory or arbitrary policy changes, and is seeking an interim order to suspend the bloc's construction requirements for carbon dioxide storage infrastructure, the report said. The European Commission is preparing its response, according to the memo. ExxonMobil and the European Commission did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)