The US company says the levy on its profits will discourage future investment in Europe.
US energy giant ExxonMobil is suing the EU in a bid to force the bloc to scrap its new windfall tax on oil firms.Energy firms are getting much more money for their oil and gas, partly due to supply concerns as a result of Russia's invasion of Ukraine.
In September, European Commission chief Ursula von der Leyen announced the plan for major oil, gas and coal companies to pay a "crisis contribution" on their increased 2022 profits. But Exxon argues that the levy discourages investments and undermines investor confidence, in a challenge filed at the EU's Luxembourg-based General Court.
In an investor meeting earlier this month, ExxonMobil's chief financial officer estimated that the EU tax would cost the group "over $2 billion".
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