Energy

Exxon Wants Waiver From Sanctions To Drill In Russia

PHOTO: REUTERS/Carlos Barria

Daily Caller News Foundation logo
Chris White Tech Reporter
Font Size:

Exxon Mobil requested a waiver Wednesday from U.S. sanctions against Russia in hopes of doing business with a competing energy company.

The oil company has asked for permission to drill with state-run PAO Rosneft in places under sanctions. Exxon renewed the push in March, a month after its former CEO, Rex Tillerson became the U.S. Secretary of State, people familiar with the matter told reporters.

Exxon’s original application for a waiver in 2015 was rejected, one of the sources said.

It’s most recent waiver request could become a contested issue in Congress, especially among lawmakers who want stricter sanctions against Russia. Democrats and a handful of Republicans fear the country’s president, Vladimir Putin, helped sway the U.S. presidential election to President Donald Trump.

The State Department is one of the agencies that could potentially play a part in granting the company a waiver. Tillerson, for his part, has recused himself from making decisions affecting the any of Exxon’s business dealings, including the government’s ultimate decision to approve the Keystone XL Pipeline.

Tillerson was opposed to blanket Russian sanctions during his time with the energy company.

The Treasury Department, which will ultimately determine the fate of the approval request, told reporters that it is unable to comment about the waiver application process. Exxon did not respond to The Daily Caller News Foundation’s request for comment in time for the publication of this article.

Exxon and other major oil companies have worked to tap into Russia’s unused oil reserves. The country has more than 100 billion barrels of untouched energy resources.

The sanctions scuttled an exploration deal Exxon signed with Rosneft in 2012. It would have granted Exxon access to drill in Russia’s Arctic waters, as well as areas near the Black Sea, an area with rich natural resources.

Sanctions have been limited in the past. Exxon received a waiver in 2014, for instance, when the company was working on a well in the Russian Arctic.

Democrats, meanwhile, are blasting Exxon’s request. California Rep. Adam Sshiff called on the Treasury Department to deny the company’s request. Sshiff is the senior Democrat on the House Intelligence Committee, which is investigating Russia’s supposed role in the presidential election.

“The Treasury Department should reject any waiver from sanctions which would allow Exxon Mobil or any other company to resume business with prohibited Russian entities,” Schiff said in a statement.

Tillerson, for his part, has repeatedly maintained his support for the sanctions, which were initially approved because of Russia’s invasion of Ukraine’s Crimean Peninsula in 2014.

“Crimea-related sanctions must remain in place until Russia returns control of the peninsula to Ukraine. Even in the face of Russia’s aggression, Ukraine has accomplished a great deal domestically,” the State Secretary said during a meeting in March of the NATO-Ukraine Commission, according to CBS News.

“We applaud recent reform successes, including anti-corruption efforts and pursuing necessary reforms to meet IMF conditionality.”

Follow Chris White on Facebook and Twitter

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

PREMIUM ARTICLE: Subscribe To Keep Reading

Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!

Sign Up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
Sign up

By subscribing you agree to our Terms of Use

You're signed up!
BENEFITS READERS PASS PATRIOTS FOUNDERS
Daily and Breaking Newsletters
Daily Caller Shows
Ad Free Experience
Exclusive Articles
Custom Newsletters
Editor Daily Rundown
Behind The Scenes Coverage
Award Winning Documentaries
Patriot War Room
Patriot Live Chat
Exclusive Events
Gold Membership Card
Tucker Mug

What does Founders Club include?

Tucker Mug and Membership Card
Founders

Readers,

Instead of sucking up to the political and corporate powers that dominate America, The Daily Caller is fighting for you — our readers. We humbly ask you to consider joining us in this fight.

Now that millions of readers are rejecting the increasingly biased and even corrupt corporate media and joining us daily, there are powerful forces lined up to stop us: the old guard of the news media hopes to marginalize us; the big corporate ad agencies want to deprive us of revenue and put us out of business; senators threaten to have our reporters arrested for asking simple questions; the big tech platforms want to limit our ability to communicate with you; and the political party establishments feel threatened by our independence.

We don't complain -- we can't stand complainers -- but we do call it how we see it. We have a fight on our hands, and it's intense. We need your help to smash through the big tech, big media and big government blockade.

We're the insurgent outsiders for a reason: our deep-dive investigations hold the powerful to account. Our original videos undermine their narratives on a daily basis. Even our insistence on having fun infuriates them -- because we won’t bend the knee to political correctness.

One reason we stand apart is because we are not afraid to say we love America. We love her with every fiber of our being, and we think she's worth saving from today’s craziness.

Help us save her.

A second reason we stand out is the sheer number of honest responsible reporters we have helped train. We have trained so many solid reporters that they now hold prominent positions at publications across the political spectrum. Hear a rare reasonable voice at a place like CNN? There’s a good chance they were trained at Daily Caller. Same goes for the numerous Daily Caller alumni dominating the news coverage at outlets such as Fox News, Newsmax, Daily Wire and many others.

Simply put, America needs solid reporters fighting to tell the truth or we will never have honest elections or a fair system. We are working tirelessly to make that happen and we are making a difference.

Since 2010, The Daily Caller has grown immensely. We're in the halls of Congress. We're in the Oval Office. And we're in up to 20 million homes every single month. That's 20 million Americans like you who are impossible to ignore.

We can overcome the forces lined up against all of us. This is an important mission but we can’t do it unless you — the everyday Americans forgotten by the establishment — have our back.

Please consider becoming a Daily Caller Patriot today, and help us keep doing work that holds politicians, corporations and other leaders accountable. Help us thumb our noses at political correctness. Help us train a new generation of news reporters who will actually tell the truth. And help us remind Americans everywhere that there are millions of us who remain clear-eyed about our country's greatness.

In return for membership, Daily Caller Patriots will be able to read The Daily Caller without any of the ads that we have long used to support our mission. We know the ads drive you crazy. They drive us crazy too. But we need revenue to keep the fight going. If you join us, we will cut out the ads for you and put every Lincoln-headed cent we earn into amplifying our voice, training even more solid reporters, and giving you the ad-free experience and lightning fast website you deserve.

Patriots will also be eligible for Patriots Only content, newsletters, chats and live events with our reporters and editors. It's simple: welcome us into your lives, and we'll welcome you into ours.

We can save America together.

Become a Daily Caller Patriot today.

Signature

Neil Patel