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2018-03-14 11:05:00

TILLERSON FIRED

TILLERSON FIRED

OGJUS President Donald Trump fired Rex W. Tillerson as secretary of State after barely more than 13 months on the job in a 5:45 a.m. tweet on Mar. 13 and said he intends to name Central Intelligence Agency Director Mike Pompeo as his successor.

Tillerson reportedly had not been happy recently as the country's top diplomat, and critics quickly called him ineffective in response to his being discharged. A few also conceded that he received little support or encouragement from the White House.

Tillerson accepted Trump's offer to lead and implement US foreign policy after a 41-year career that began as a petroleum engineer at Exxon Co. USA in 1975 and concluded on his retirement as ExxonMobil Corp.'s chief executive in 2016.

When Tillerson was nominated, time that he spent in Russia while he was with ExxonMobil was considered by some an asset and others a liability. Coincidentally, one of his last statements as secretary was on Mar. 12 after speaking with British Foreign Sec. Boris Johnson following a nerve gas attack there a week earlier for which Russia was believed responsible.

"There is never a justification for this type of attack—the attempted murder of a private citizen on the soil of a sovereign nation—and we are outraged that Russia appears to have again engaged in such behavior," Tillerson said. "From Ukraine to Syria—and now the UK—Russia continues to be an irresponsible force of instability in the world, acting with open disregard for the sovereignty of other states and the life of their citizens. We agree that those responsible—both those who committed the crime and those who ordered it—must face appropriately serious consequences."

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Earlier:

 U.S. - RUSSIA SANCTIONS ANEW
2018, January, 31, 11:05:00

U.S. - RUSSIA SANCTIONS ANEW

REUTERS - U.S. Secretary of State Rex Tillerson said in Warsaw on Saturday that the United States sees Nord Stream 2 as a threat to Europe’s energy security.

 

 U.S. WANT RUSSIA'S MARKET SHARE
2018, January, 29, 08:30:00

U.S. WANT RUSSIA'S MARKET SHARE

BLOOMBERG - The expansion of Russia’s gas pipeline to Germany under the Baltic Sea, which bypasses a number of east European nations, will allow the Kremlin to use energy as a “political tool,” U.S. Secretary of State Rex Tillerson said in Warsaw.

 

DEDICATION TO EXXONMOBIL
2016, December, 15, 19:05:00

DEDICATION TO EXXONMOBIL

“He led the company with integrity and honor, ensuring that safety and environmental protection were at the forefront of everything we do, generating value for shareholders and highlighting the impressive accomplishments of the company’s diverse workforce throughout the world. We know that his service to the nation as secretary of state will be equally successful and distinguished.”

 

 EXXON HEAD'S CHOICE
2016, December, 14, 18:40:00

EXXON HEAD'S CHOICE

President-elect Donald Trump named the head of Exxon Mobil Corp, Rex Tillerson, as his choice for U.S. secretary of state on Tuesday and won backing from some Republican foreign policy figures ahead of a possible Senate fight over the oilman's ties to Russia.

 

 EXXON DOESN'T SEE
2016, October, 19, 18:35:00

EXXON DOESN'T SEE

"I don't necessarily have the view that we are setting ourselves up for a big crunch within the next 3, 4, 5 years," CEO Rex Tillerson told the Oil & Money conference.

 

 EXXON & ARGENTINA INVESTMENT: $10 BLN
2016, June, 3, 19:10:00

EXXON & ARGENTINA INVESTMENT: $10 BLN

Exxon Mobil Corp. may invest more than $10 billion in Argentina’s Vaca Muerta shale formation in the next decades, Chairman and Chief Executive Officer Rex Tillerson said Thursday.

 

 EXXON CHOOSE NOT TO LOOSE
2015, May, 28, 18:10:00

EXXON CHOOSE NOT TO LOOSE

At the oil giant’s annual meeting on Wednesday in Dallas, CEO Rex Tillerson gave a stay-the-course outlook for the company, which has seen profits decline recently with lower prices for crude oil.

 

 

Tags: USA, RUSSIA, TRUMP, TILLERSON
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U.S. CAPITAL EXPENDITURES UP

All Publications »

Chronicle:

TILLERSON FIRED
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

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2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

TILLERSON FIRED
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

TILLERSON FIRED
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

All Publications »