The New York Times reports: Now that President-elect Donald J. Trump has chosen Rex W. Tillerson, the chief executive of Exxon Mobil, to be the next secretary of state, the giant oil company stands to make some major gains as well: It has billions of dollars in deals that can go forward only if the United States lifts sanctions against Russia.
As head of America’s largest oil company, Mr. Tillerson has earned a friendship award from Russia and voiced skepticism about American sanctions that have halted some of Exxon Mobil’s biggest projects in the country.
But Mr. Tillerson’s stake in Russia’s energy industry could create a very blurry line between his interests as an oilman and his role as America’s leading diplomat.
“The chances that he will view Russia with Exxon Mobil DNA are close to 100 percent,” said Robert Weissman, the president of Public Citizen, a public interest group based in Washington. [Continue reading…]
Bloomberg reports: Rex Tillerson, the Exxon Mobil Corp. chief who is President-elect Donald Trump’s leading candidate for secretary of state, visited the White House repeatedly as sanctions were imposed on Russia in 2014 to make sure his company’s competitors didn’t gain an edge in the way they were enforced.
Tillerson made at least 20 visits to the White House during President Barack Obama’s two terms, visitor logs show, including five after Obama began authorizing the 2014 sanctions in response to Russian aggression toward Ukraine. [Continue reading…]