lol
https://www.wsj.com/articles/exxon-seeks-u-s-waiver-to-work-in-russia-despite-sanctions-1492620677
Exxon Seeks U.S. Waiver to Resume Russia Oil Venture
Exxon Mobil applied to Treasury for exemption to resume venture with Rosneft forged in 2012 by Rex Tillerson
WASHINGTON— Exxon Mobil Corp.XOM -0.69% has applied to the Treasury Department for a waiver from U.S. sanctions on Russia in a bid to resume its joint venture with state oil giant PAO Rosneft, according to people familiar with the matter.
Exxon has been seeking U.S. permission to drill with Rosneft in several areas banned by sanctions and renewed a push for approval in March, shortly after its most recent chief executive, Rex Tillerson, became secretary of state on Feb. 1, according to one of these people. The company originally applied for a waiver to gain access to the Black Sea in July 2015 but its application wasn’t approved, the person said.
The waiver request is likely to be closely scrutinized by members of Congress who are seeking to intensify sanctions on Russia in response to what the U.S. said was its use of cyberattacks to interfere with elections last year. Congress has also launched an investigation into whether there were ties between aides to Donald Trump and Russia’s government during the presidential campaign and the political transition.
https://www.wsj.com/articles/exxon-seeks-u-s-waiver-to-work-in-russia-despite-sanctions-1492620677
Exxon Seeks U.S. Waiver to Resume Russia Oil Venture
Exxon Mobil applied to Treasury for exemption to resume venture with Rosneft forged in 2012 by Rex Tillerson
WASHINGTON— Exxon Mobil Corp.XOM -0.69% has applied to the Treasury Department for a waiver from U.S. sanctions on Russia in a bid to resume its joint venture with state oil giant PAO Rosneft, according to people familiar with the matter.
Exxon has been seeking U.S. permission to drill with Rosneft in several areas banned by sanctions and renewed a push for approval in March, shortly after its most recent chief executive, Rex Tillerson, became secretary of state on Feb. 1, according to one of these people. The company originally applied for a waiver to gain access to the Black Sea in July 2015 but its application wasn’t approved, the person said.
The waiver request is likely to be closely scrutinized by members of Congress who are seeking to intensify sanctions on Russia in response to what the U.S. said was its use of cyberattacks to interfere with elections last year. Congress has also launched an investigation into whether there were ties between aides to Donald Trump and Russia’s government during the presidential campaign and the political transition.
