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Message
re: Exxon's Tillerson and Putin Bros
Posted on 3/27/14 at 9:49 pm to Big12fan
Posted on 3/27/14 at 9:49 pm to Big12fan
XOM has been in Russia for over 20 years.
LINK
quote:
ExxonMobil has had a continuous business presence in Russia for more than 20 years across upstream, downstream and chemical operations. Our upstream offices are located in Moscow and Yuzhno-Sakhalinsk, and our downstream offices are located in Moscow, St. Petersburg, Yekaterinburg, Novosibirsk and Vladivostok. We have a strong upstream presence in Russia as operator of the Sakhalin-1 project.
LINK
1
Posted on 3/27/14 at 9:56 pm to OldTigahFot
quote:
XOM has been in Russia for over 20 years.
Yes, but the deal Putin & Exxon made in 2012 is unprecedented in terms of the size of investment. Disruption via sanctions would now have a significant impact on Exxon. Prior to this deal, sanctions would be a blip on the screen.
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