Posts Tagged ‘Rex Tillerson’

  1. Tillerson 3

    0

    December 13, 2016 by AK

    In March 2014 – right after Moscow’s Crimea operation – Christopher Helman, who covers the energy business for Forbes, wrote: So why has Exxon excelled there [in Russia]? I think it’s because Exxon has proven itself to be as hard-nosed as Putin is. Agreed. I’m not so sure about the following, however, since the Kremlin’s thought process is …
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  2. Tillerson 2

    1

    December 12, 2016 by AK

    If I were to respond to this piece, I’d probably make these points: Exxon has always negotiated with Moscow from a position of strength. Can you say this of the other majors with tangible Russian exposure – BP, Shell and Total? Exxon’s only major active project in Russia is Sakhalin-1, which contributes less than 1.5% …
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  3. Tillerson

    5

    December 11, 2016 by AK

    In dealing with Russian authorities, Exxon has always stood out among its peers for toughness. The company has steadfastly rejected opportunities that would not put it in control of a project: it would rather stay away altogether. As a result, 20 years after signing the original production-sharing agreement (PSA), ExxonMobil remains the operator and the …
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