You turn to us for voices you won't hear anywhere else.

Sign up for Democracy Now!'s Daily Digest to get our latest headlines and stories delivered to your inbox every day.

Exxon CEO Tillerson, Trump Pick for Sec. of State, Also Heads U.S.-Russia Oil Company

HeadlineDec 19, 2016

A new report by The Guardian reveals ExxonMobil CEO Rex Tillerson, who has been nominated by Donald Trump to be the next secretary of state, is also the head of a joint U.S.-Russian oil company headquartered in the tax haven of the Bahamas. The report is based on documents that were part of the Panama Papers leak. Tillerson is already facing intense scrutiny by both Republican and Democratic lawmakers over his close ties to Russia, which include Exxon’s $500 billion oil deal with the Russian government’s oil company, Rosneft. Considered the largest oil deal in history, the partnership can only go through if the U.S. lifts sanctions against Russia, which the Obama administration imposed over Russia’s intervention in Ukraine.

Topics:
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Top