Thursday, April 20, 2017

'Payout Time': Exxon Seeks Waiver From U.S. Sanctions to Drill in Russia

Exxon is applying for a waiver from the U.S. Treasury Department to bypass U.S. sanctions against Russia and resume offshore drilling in the Black Sea with the Russian oil company Rosneft, the Wall Street Journal reported Wednesday.
Among those charged with deciding to grant the permit is Secretary of State Rex Tillerson, the former CEO of Exxon who previously oversaw the company's Russia operations.  Read full story 

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