Trump administration denies ExxonMobil permission to drill for oil in Russia

Posted April 21, 2017 2:20 pm by Comments

By Rich Mitchell

exxonmobile sign

Treasury Secretary Steven Mnuchin said in a statement Friday that the administration has denied ExxonMobil’s request to bypass sanctions and resume drilling in Russia. The Treasury statement said that the decision had been reached in direct consultation between Mnuchin and President Trump. Exxon’s lucrative joint venture with Russia’s Rosneft has been ground to a halt …

Source: CDN - Money

Leave a Reply

Your email address will not be published. Required fields are marked *