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MrRodgers -> The conflicts of interest arise anew..... (4/20/2017 2:34:41 PM)
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It didn't take long hey ? This started in 2015, in 2014 they were making money for Russia and ExxonMobil...then had to stop.
As of 4/19/17, we get a new application. Why am I not surprised ?
Lowlights:
Throughout the campaign season, US President Donald Trump advocated improving relations with Russia. After his election, analysts believed that there was possibility that the sanctions imposed on Russia over Ukraine could be lifted, which theoretically would have major implications for energy. Russian president Vladimir Putin was one of the first leaders to publicly send his congratulations after his win.
Notably, US Secretary of State Rex Tillerson is the former CEO of Exxon. He has close personal ties with Russia, has struck several major deals with Rosneft in the past, and received the Order of Friendship award from President Vladimir Putin in 2013.
Tillerson's close relationship with Russia and Putin has previously led to speculation that as secretary of state, he could push for sanctions on Russia to be lifted, allowing Exxon's Arctic agreement with Rosneft, reported to be worth $500 billion, to proceed. Meanwhile, the head of the Exxon's operations in Russia, Glenn Waller, said last April that the company will return to its joint project with Rosneft once sanctions against Moscow are lifted.
Regarding the Black Sea region, the Journal also reported that Exxon "needs" a discovery of oil the area by the end of the year in order to receive a license from the Russian government to drill under the terms of the Rosneft deal, according to the WSJ. A "person briefed with the company's waiver application" said that "Exxon is worried it could get boxed out of the Black Sea by the Italians."
Regarding the Black Sea region, the Journal also reported that Exxon "needs" a discovery of oil [in] the area by the end of the year in order to receive a license from the Russian government to drill under the terms of the Rosneft deal, according to the WSJ. A "person briefed with the company's waiver application" said that "Exxon is worried it could get boxed out of the Black Sea by the Italians."
So Italy is exempt ?
HERE
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