Exxon Faces Fine for Russian Dealings Under Sanctions

Exxon Faces Fine for Russian Dealings Under Sanctions


The U.S. Treasury Department has levied a $2 million fine against Exxon Mobil Corp. for violating U.S. sanctions which barred companies from dealing with Russia, Bloomberg reports. The sanctions were put into place when the present Secretary of State, Rex Tillerson, was the CEO at Exxon. Sanctions were enacted due…

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3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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