Tag Archives: Rosneft

After Exxon Fined for Sanctions Violations, Calls for Rex Tillerson to Resign

When secretary of state was CEO of ExxonMobil, says Treasury, the oil giant showed a “reckless disregard” for sanctions

By Jessica Corbett, staff writer for Common Dreams. Published 7-20-2017

Secretary of State Rex Tillerson was CEO of oil giant ExxonMobil when the company violated U.S. sanctions against Russian officials in 2014. (Photo: Greenpeace/PolluterWatch)

“It’s time Rex Tillerson step down or be removed,” said Gigi Kellett of Corporate Accountability International, following an announcement on Thursday that ExxonMobil will pay $2 million for violating U.S. sanctions against Russian officials while the now-secretary of state was the company’s CEO.

“ExxonMobil demonstrated reckless disregard for U.S. sanction requirements,” according to enforcement filing released by the Treasury Department’s Office of Foreign Assets Control (OFAC), which issued the penalty. Though the fine is reportedly the maximum penalty allowed, it’s pittance to one of the world’s most profitable and powerful corporations, which last year reported a profit of $7.8 billion. Continue reading

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Ditching Diplomatic Duties, Tillerson Accepts Lifetime Achievement Award From Oil Industry

Top US diplomat traveled to Turkey where he was honored for serving as CEO of fossil fuel giant ExxonMobil

By Jessica Corbett, staff writer for Common Dreams. Published 7-10-2017

Rex Tillerson. Photo: premier.gov.ru [CC BY 4.0) , via Wikimedia Commons

Secretary of State Rex Tillerson—a former CEO of the world’s largest oil company—is under fire on Monday for setting aside his diplomatic duties on Sunday to accept a lifetime achievement award from the World Petroleum Congress is Istanbul, Turkey.

“Secretary Tillerson’s warped notion that it’s appropriate to attend and accept an award at an oil industry conference proves yet again that he has no idea how to be the United States’ chief diplomat,” said Greenpeace USA senior climate campaigner Naomi Ages. Continue reading

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