The Australian court fined Exxon's local gasoline brand $11.3 million for misleading statements.
Australia's competition regulator said on Tuesday that the Federal Court of Australia has fined ExxonMobil $16 million Australian dollars for misleading advertising of fuel sold at some gas stations in Queensland. ExxonMobil Australia supplies petroleum, diesel, and other fuel products to Australian retailers, and is a subsidiary of oil and gas giant ExxonMobil. In 2024, the Australian Competition and Consumer Commission (ACCC) took ExxonMobil Australia to court, accusing the company of misleading customers regarding the fuel sold at six branded gas stations in Queensland. On Tuesday, ExxonMobil admitted to misleading consumers between August 2020 and July 2024, falsely claiming that its "ExxonMobil Efficient Fuel" contained certain additives, the ACCC stated.
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