"The Treasury Department will not be issuing waivers to US comapnies, including Exxon, authorizing drilling prohibited by current Russian sanctions." The Treasury Department says it won’t issue Exxon Mobil a waiver to work in Russia.
“In consultation with President Donald J. Trump, the Treasury Department will not be issuing waivers to US comapnies, including Exxon, authorizing drilling prohibited by current Russian sanctions,” a statement from Treasury Secretary Steven Mnuchin said.
Earlier this week, the Wall Street Journal’s Jay Solomon and Bradley Olson reported that Exxon Mobil Corp. applied to the Treasury Department for a waiver from sanctions on Russia in …read more
Source: Pulse Nigeria