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World Bulletin: US rejects ExxonMobil request to return Russia

Published April 22, 2017 at 9:24 am

Russia's President Vladimir Putin (R) and ExxonMobil Chairman and CEO Rex Tillerson (L) attend at the ceremony of the signing of an agreement between state-controlled Russian oil company Rosneft and ExxonMobil in the Black Sea port of Tuapse on June 15, 2012.

Photo by AFP

ExxonMobil’s request to return to Russia for oil and natural gas drilling was rejected Friday, according to the Treasury Department.

The agency said it cannot grant special permission nor any waiver to American energy firms, including ExxonMobil, for oil and gas drilling in Russia because of existing sanctions.