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2018-07-12 10:20:00

U.S. - EXXON - RUSSIA SANCTIONS

U.S. - EXXON - RUSSIA SANCTIONS

BLOOMBERGTreasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn't have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia's 2014 invasion of Ukraine.

Treasury's Office of Foreign Assets Control, which issued the penalty in July 2017, asked U.S. District Judge Jane Boyle in Dallas on Tuesday to overturn a magistrate judge's June decision ordering Treasury to hand over more documents. OFAC said it's already given the company a 23,000-page administrative record that includes all non-privileged material. Exxon has said it provided the vast majority of the documents in that record.

Exxon signed legal documents in May 2014 related to oil and gas projects in Russia with Igor Sechin, head of Rosneft OAO, who is on the Treasury's list of sanctioned Russian nationals, the U.S. said. The alleged violations, which Exxon denies, occurred while President Donald Trump's former Secretary of State Rex Tillerson led the Irving, Texas-based company.

Exxon sued over the penalty last year, arguing the agency's interpretation of a 2014 executive order by former President Barack Obama violated the Administrative Procedure Act because it was "arbitrary and capricious."

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Earlier:

 Russia Sanctions
2018, July, 11, 09:15:00

RUSSIA EXTENDS WITH TOTAL

PLATTS - The Russian government is extending a production sharing agreement with France's Total for development of the Kharyaga oil field by 13 years to the end of 2031, in the latest sign that many Western majors' operations in Russia are continuing despite sanctions on the oil sector.

 Russia Sanctions
2018, July, 2, 11:55:00

NORD STREAM-2: NO SANCTIONS

REUTERS - Germany has been assured by the United States that any sanctions imposed on Russia will not affect the building of a gas pipeline to bring Russian gas to Europe, a spokeswoman for the German economy ministry said on Friday.

 Russia Sanctions
2018, June, 13, 13:05:00

U.S. - RUSSIA SANCTIONS ANEW

U.S.DT - the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated five Russian entities and three Russian individuals under Executive Order (E.O.) 13694, “Blocking the Property of Certain Persons Engaging in Significant Malicious Cyber-Enabled Activities,” as amended, and Section 224 of the Countering America’s Adversaries Through Sanctions Act (CAATSA).

 Russia Sanctions
2018, March, 18, 11:40:00

U.S. - RUSSIA SANCTIONS AGAIN

PENNENERGY - The Trump administration accused Russia on Thursday of a concerted, ongoing operation to hack and spy on the U.S. energy grid and other critical infrastructure, and separately imposed sanctions on Russian officials for alleged high-tech interference in the 2016 American presidential election.

 Russia Sanctions
2018, March, 4, 11:20:00

EXXON LEAVES RUSSIA

ROSNEFT - The decisions of ExxonMobil to abandon certain projects that fall under the legislative limitations once again imposed by the US government despite their successful development fully comply with the position of the American regulator that changed the way we collaborate on these projects.

 Russia Sanctions
2018, February, 16, 23:40:00

РОССИЯ ПРОДОЛЖАЕТ РАБОТАТЬ

МИНЭНЕРГО РОССИИ - Комментируя внесение его в «кремлевский список» Минфина США, Александр Новак признался, что вспоминает о нём только из-за постоянных вопросов журналистов. «Мы продолжаем работать. И в принципе нет никаких изменений. Всё как прежде».

 Russia Sanctions
2018, January, 31, 11:00:00

U.S. - RUSSIA SANCTIONS

U.S.DT - The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated 21 individuals and 9 entities under four Executive Orders (E.O.s) related to Russia and Ukraine, including three individuals and two entities related to Russia’s transfer of four turbines made by a Russian-German joint venture to Crimea.

 

 

 

Tags: USA, EXXON, RUSSIA, SANCTIONS

Chronicle:

U.S. - EXXON - RUSSIA SANCTIONS
2018, November, 12, 12:00:00

TOTAL'S INVESTMENT TO ANGOLA: $16 BLN

THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.

U.S. - EXXON - RUSSIA SANCTIONS
2018, November, 12, 11:55:00

CHINA, WESTINGHOUSE NUCLEAR

WNN - China's State Power Investment Corporation (SPIC) says it has signed a memorandum of understanding (MoU) for "global cooperation" in nuclear energy with Westinghouse Electric Company of the USA.

U.S. - EXXON - RUSSIA SANCTIONS
2018, November, 12, 11:50:00

SMALL BRITAIN'S NUCLEAR

WNN - Advanced Nuclear Technologies - otherwise known as small nuclear or small reactor technologies - encompass a wide range of nuclear reactor technologies under development, BEIS noted. "The common attributes that these technologies share is that they are smaller than conventional nuclear power station reactors and are designed so that much of the plant can be fabricated in a factory environment and transported to site, reducing construction risk and making them less capital-intensive," it said.

U.S. - EXXON - RUSSIA SANCTIONS
2018, November, 12, 11:45:00

POLAND, USA NUCLEAR

WNN - Poland and the USA have signed a Joint Declaration of Energy Security, which emphasises the expansion of their cooperation in a variety of areas, including civil nuclear energy. The document was signed in Warsaw yesterday by Polish Energy Minister Krzysztof Tchórzewski and US Secretary of Energy Rick Perry.

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