Tillerson’s ExxonMobile helped defeat Russia sanctions bill
This should give even greater to concern about the Russian-leading incoming cabinet.
ExxonMobil successfully lobbied against a bill that would have made it harder for the next president to lift sanctions against Russia, clearing the way for the oil giant to restart a program worth billions of dollars if Donald Trump eases those restrictions as president.
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The company’s effort could be helped by outgoing CEO Rex Tillerson, who, if confirmed as secretary of state, would be a key adviser on the decision.
The bill, known as the STAND for Ukraine Act, would have converted into law for five years President Obama’s measures punishing Russia for annexing Crimea, making it more difficult for Trump to roll them back…
Exxon’s intervention against the sanctions bill could add to concerns among senators — including Republicans John McCain, Lindsey Graham and Marco Rubio — that Tillerson is too chummy with Vladimir Putin. Exxon’s business partner in Russia is state-owned Rosneft, led by Igor Sechin, a close Putin ally who was sanctioned by the Treasury Department in 2014. Tillerson and Putin personally concluded the joint venture in 2011.
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