: :inin Kyiv (EET)

Exxon Seeks Waiver of US Sanctions to Resume Russian Oil Work 


Oil giant ExxonMobil has asked the Trump administration for an exemption from U.S. sanctions against Russia, so it can resume drilling around the Black Sea with a Russian partner, according to U.S. news reports Wednesday.

The request likely will receive extra scrutiny from U.S. officials because the deal between Exxon and Rosneft, the Russian state-owned energy company, was negotiated by the company’s former chief executive officer, Rex Tillerson, now the U.S. secretary of state.

Tillerson forged a landmark joint-venture deal with Rosneft worth hundreds of billions of dollars in direct talks five years ago with Russian officials including the Kremlin leader, President …read more

Source: Voice of America

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