ExxonMobil denied waiver of US sanctions ban on Russia oil joint venture

ExxonMobil, a US oil and gas corporation, and other US firms have been told that the US Treasury will not be issuing them with waivers authorising drilling prohibited by current US sanctions on Russia. ExxonMobil recently applied to the US Treasury for authorisation to resume its Arctic joint venture with Russian state-owned oil firm Rosneft, which was halted by the...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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