Exxon Stock News

Rickards: The Sanctions Boomerang & Putin''s Options Authored by James Rickards via DailyReckoninig.com, Putin’s Options There’s no doubt that the financial sanctions put on Russia by the U.S., the U.K., EU members and others are the most severe ever imposed. The U.S. Treasury has announced 15 separate sanctions programs in recent days and no doubt more are on the way. The targets of these sanctions include Russian banks, Russian stocks and bonds and various payment channels. Most significantly, the U.S. froze the accounts of the Central Bank of Russia. That’s the first time a major central bank’s assets have been frozen since the Cold War, and possibly ever. Yet the financial attacks on Russia go far beyond official sanctions. Numerous private companies including Microsoft, Exxon Mobil, Shell and some major airlines have ceased their business activities in Russia. Visa and Mastercard have stopped accepting credit card charges from Russia. Google and Apple have turned off the mobile payment apps on phones held by Russian citizens.

Literary genius, Chimamanda Adichie; celebrated upscale photographer, TY Bello; entrepreneurship advocate, Ndidi Nwuneli; Chairman, Nigerian National Petroleum Company Limited, Senator Margery Okadigbo; Exxon Mobil’s Adesua Dozie; Shell Nigeria’s Aiboni Elohor and leading rights advocate, Hafsat Abiola-Costello, have been listed among 100 leading women in Nigeria by the Nigeria Women Annual. This year’s list also has the […] The post Okadigbo, Chimamanda, Bello shine as Nigeria Women Annual releases 2021 Amazon’s List appeared first on The Guardian Nigeria News - Nigeria and World News .

Russia Soars Past Iran & Syria To Become World''s ''Most-Sanctioned'' Country In the wake of its invasion of Ukraine , Russia has become the most-sanctioned country in the world with 5,581 sanctions currently in place . Between its recognition of the Luhansk and Donetsk regions as independent states on February 22 and March 8, the number of sanctions against Russian individuals and entities imposed by the U.S., the EU and select countries like Switzerland, the United Kingdom and Japan more than doubled when compared to the period prior. As Statista''s Florian Zandt shows in the chart below, based on data aggregated by Castellum.AI , Putin''s invasion has pushed Russia past one of the United States'' biggest nemeses in Western Asia. You will find more infographics at Statista Prior to the invasion of Ukraine, Iran was by far the most-sanctioned state in history with 3,616 active sanctions by the U.S., the UN, the EU and countries like Australia, Canada, India and Israel. The relationship between the latter and the Islamic Republic has been especially fraught, with disputes surrounding Iran''s atomic arsenal and its general hostile stance towards Israel threatening to escalate on a regular basis.

UK ban covers Russian vessels but Seatribute is registered in Malta and ExxonMobil denies it is carrying Russian oil

ExxonMobil defended March 11 its purchase of a tanker of Kazakhstan''s CPC crude oil being delivered to the UK''s Fawley refinery from the Russian port of Novorossiisk, saying Kazakh crude was excluded from US sanctions targeting Moscow. Following protests against the delivery by environmental group Greenpeace, ExxonMobil said the crude, derived from oil fields in Kazakhstan in which the US…

The Greater Guyana Initiative (GGI)- funded by ExxonMobil and its partners here has launched a Hinterland Poultry Project valued more than $120 million (US$608,000) to boost the poultry industry in the hinterland regions. The initiative, also called the ‘EggSandwich Project’, is the first regional socioeconomic project to be funded by the GGI. It is focused on enabling the hinterland residents […]

Russia’s attack on Ukraine has unleashed broad economic and political rebukes and corporate withdrawals by banks, technology and other firms unprecedented in their extent. The article Exxon faces new pressure over dealings with Russia’s Rosneft appeared first on Stabroek News .

Whitehead: The Rise Of Global Fascism And The End Of The World As We Know It Authored by John W. Whitehead & Nisha Whitehead via The Rutherford Institute, “This is the way the world ends Not with a bang but a whimper.” - “ The Hollow Men ,” T.S. Eliot Barely three years into the 2020s, and we seem to be living out the prophesies of the Book of Revelation with its dire warnings about plague, poverty, hatred and war. Just as the government hysteria over the COVID-19 pandemic appears to be dying down, new threats have arisen to occupy our attention and fuel our fears: food shortages, spiking inflation, rocketing gas prices, and a Ukraine-Russia conflict that threatens to bring about a world war. Is this the end of the world as we know it? Or is this the beginning of the end of the world? Will the world end with a bang or will it end, as T.S. Eliot concludes, with a whimper ? Robert Frost, torn between a vision of the world ending in fire (the hot flame of violence, anger and greed) or ice (the cold burn of hatred), suggests that either would suffice to do the job .

Glenn Lall vs State… – says deal with Exxon is a matter of private law By Rehana Ramsey The Government of Guyana (GOG) has come out in denial of each and every claim made by Kaieteur News’s Publisher, Glenn Lall, in the case filed to challenge the discriminatory tax provisions granted in the Stabroek Block […]

Kaieteur News – American oil giant, Exxon, is singing the blues, and in advance of any heartbreak. The power people in the company are crying out in public, in hopes of attracting some sympathy, some much needed goodwill. Neither is forthcoming, not in America, where record oil profits have now returned with a big bang, […]

Polish Ambassador Says Sanctions On Russia Should "Last For A Decade, Maybe 15 Years" Poland’s Ambassador to the United States, Marek Magierowski, wants the new US and EU-led sanctions on Russia which came in the aftermath of its Feb.24 invasion of Ukraine to last for ten or up to 15 years. He described in a live interview with CNN’s Christiane Amanpour on Thursday that the sanctions should "last for a decade, maybe 15 years." Also amid allegations that Russian forces are targeting hospitals, which are similar to claims made in Aleppo during Russia''s prior years'' military action there, Magierowski cited "acts of barbarism in Ukraine" that he called "war crimes, atrocities." Poland’s Ambassador to the US, Marek Magierowski On this point, he said, "I do believe and I am confident that Mr. Putin and his cronies and all his closest aides will end up in the dock, in the Hague, in the International Criminal Court, because this is what he has already fully deserved," according to CNN. Here''s what he told Amanpour in the interview on how long-lasting Russia''s total economic isolation should be: “I think that if we wanted to retaliate for that invasion against Ukraine with punitive measures and by crippling the Russian economy, we have to be determined and ready to uphold the sanctions in a longer term .

Exxon Reportedly Weighing $5 Billion Sale Of Assets In North Dakota''s Bakken The asset sales at Exxon look to be continuing as the company continues its transformation from its worst year in history, 2020, into the free cash flow generating, deleveraged juggernaut it is quickly becoming thanks to oil in the triple digits and management''s strategic initiatives. Today, the latest brick in the strategic initiative wall is that Exxon is reportedly considering selling its assets in North Dakota’s Bakken after buyers reportedly took interest, according to Reuters and Bloomberg . The properties could be valued at up to $5 billion, the report says. The company is currently far along in the process, with the report noting that it is "in the final round of interviewing bankers to help launch the sale process". This move would go to compliment Exxon''s goal of $15 billion in asset sales that it set several years ago. The company''s financial reshaping is starting to accelerate. Recall, last month we noted that Exxon was implementing a new $10 billion stock buyback after crushing its last quarter''s estimates.

The bill would apply to large firms like ExxonMobil. Energy prices are spiking and Democrats want to provide relief to Americans facing sticker shock.

(AP) — The defeat of an ExxonMobil proposal to run thousands of truck trips a year in central California to The post California pipeline at issue after ExxonMobil’s plan fails appeared first on The Business Journal .