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The conflicts of interest arise anew..... - 4/20/2017 2:34:41 PM

MrRodgers

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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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RE: The conflicts of interest arise anew..... - 4/20/2017 3:46:45 PM

RottenJohnny

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quote:

ORIGINAL: MrRodgers
So Italy is exempt ?

quote:

Exxon opposed how the Obama administration applied sanctions on a number of its projects, according to people familiar with the matter, in part because the European Union, which has its own sanctions, granted waivers to its competitors to continue operating. Norway's Statoil ASA has a waiver for Arctic drilling in the Barents Sea. Italy's Eni SpA is allowed to operate in the Barents and Black seas, and has been aggressively exploring in cooperation with Russia.

Also...

quote:

Mr. Tillerson is recusing himself from any matters involving Exxon for two years, and won't be involved with any decision made by any government agency involving Exxon during this period, a State Department spokesman said.

Before he became secretary of state, Mr. Tillerson said Exxon opposes sanctions when they aren't applied in a uniform way. He testified during his confirmation hearings that neither he nor his former company ever lobbied against U.S. sanctions on Russia.

http://news.morningstar.com/all/dow-jones/us-markets/201704201374/exxon-seeks-waiver-for-russia-deal-wsj.aspx

And in other news...

Venezuela Seizes G.M. Plant in Latest Blow to Foreign Firms

https://www.nytimes.com/2017/04/20/business/venezuela-general-motors-business-protests.html?_r=0

< Message edited by RottenJohnny -- 4/20/2017 4:01:40 PM >

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RE: The conflicts of interest arise anew..... - 4/20/2017 4:36:00 PM

MrRodgers

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quote:

ORIGINAL: RottenJohnny

quote:

ORIGINAL: MrRodgers
So Italy is exempt ?

quote:

Exxon opposed how the Obama administration applied sanctions on a number of its projects, according to people familiar with the matter, in part because the European Union, which has its own sanctions, granted waivers to its competitors to continue operating. Norway's Statoil ASA has a waiver for Arctic drilling in the Barents Sea. Italy's Eni SpA is allowed to operate in the Barents and Black seas, and has been aggressively exploring in cooperation with Russia.

Also...

quote:

Mr. Tillerson is recusing himself from any matters involving Exxon for two years, and won't be involved with any decision made by any government agency involving Exxon during this period, a State Department spokesman said.

Before he became secretary of state, Mr. Tillerson said Exxon opposes sanctions when they aren't applied in a uniform way. He testified during his confirmation hearings that neither he nor his former company ever lobbied against U.S. sanctions on Russia.

http://news.morningstar.com/all/dow-jones/us-markets/201704201374/exxon-seeks-waiver-for-russia-deal-wsj.aspx

And in other news...

Venezuela Seizes G.M. Plant in Latest Blow to Foreign Firms

https://www.nytimes.com/2017/04/20/business/venezuela-general-motors-business-protests.html?_r=0

I too did not like the inconsistent application of sanctions against Russia. The west should have worked much more together. However, 'state' knows what [he] wants. We shall see if they 'seem' to take their cue from Trump.

And yea well, Venz. is fast becoming a basket case. as most economies do under dictatorships. Watch Turkey now.

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You can be a murderous tyrant and the world will remember you fondly but fuck one horse and you will be a horse fucker for all eternity. Catherine the Great

Under capitalism, man exploits man. Under communism, it's just the opposite.
J K Galbraith

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RE: The conflicts of interest arise anew..... - 4/20/2017 6:15:24 PM

BoscoX

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quote:

ORIGINAL: MrRodgers

And yea well, Venz. is fast becoming a basket case. as most economies do under dictatorships. Watch Turkey now.

Bernie Sanders cited Venezuela as the model for his vision for America

And I really believe that it is yours as well, MrRogers

Based on the socialist anti-business stupidity that you like to post

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RE: The conflicts of interest arise anew..... - 4/20/2017 7:31:56 PM

mnottertail

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Bernie Sander did no such thing. Doesnt matter how often you repeat the lie corpulent compound gimp and pedophile.

Il Douche said that we are all commie minions now.

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RE: The conflicts of interest arise anew..... - 4/20/2017 7:58:39 PM

BoscoX

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quote:

ORIGINAL: mnottertail

Bernie Sander did no such thing. Doesnt matter how often you repeat the lie corpulent compound gimp and pedophile.

Il Douche said that we are all commie minions now.

Hmm

What to believe...

Google-linked hard news articles, or the delusional cartoonish fantasies you manufacture in your head

Not a tough choice

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RE: The conflicts of interest arise anew..... - 4/20/2017 10:46:41 PM

RottenJohnny

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quote:

ORIGINAL: mnottertail

Bernie Sander did no such thing.

Close enough.

quote:

These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger.

https://www.sanders.senate.gov/newsroom/must-read/close-the-gaps-disparities-that-threaten-america

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"Give me liberty or give me death." - Patrick Henry

I believe in common sense, not common opinions. - Me

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