The US oil and gas giant is demanding millions of euros in back taxes from Russia. US oil and gas giant ExxonMobil is demanding millions of euros in back taxes from Russia. Russian officials say Exxon chief executive Rex Tillerson was in Moscow for closed-door meetings with Energy Minister Alexander Novak. The Kommersant daily says Tillerson is contesting taxes paid on the Sakhalin-1 project in the... 

A chilling report published today by the Ministry of Economic Development (MED) is warning of potentially “catastrophic unknown consequences” relating to President Putin’s issuance to the Central Bank of Russia (CBR) of orders to initiate what is commonly known within the Kremlin as the “Samson Defense” designed to crash the Russian ruble, while at the same time insuring the economic collapse... 

The European Union has formerly adopted a fresh package of sanctions against Russia despite Moscow’s retaliation warnings. European Council President Herman Van Rompuy announced the sanctions on Monday saying that their implementation will take place over the next few days. Referring to the ceasefire deal between pro-Russian activists and the Kiev government, he said that “This will leave time... 

A stunning report prepared by the Ministry of Energy (MoE) on the recently signed agreements between Russian state-owned oil company Rosneft, Exxon Mobil Corporation and British Petroleum says that additional memorandums of understanding (MoU) agreed upon by these three global energy giants allows for the deployment of tens-of-thousands of Russian military forces to protect their “mutual vital interests”... 

New round of Western sanction against Russia will target seven individuals and 17 companies. They are meant to affect Moscow’s stance over the ongoing Ukrainian crisis. The individuals listed by the US Department of Treasury on Monday include Russian Deputy Prime Minister Dmitry Kozak, chair of the parliamentary commission on Foreign Affairs, Aleksey Pushkov, chief of presidential office, Vyacheslav... 

An ominous new report prepared by the Ministry of Finance (MoF) on President Putin’s order yesterday to accelerate the opening of the St. Petersburg Exchange (SPE), where prices for Russian oil and natural gas will be set in rubles instead of US dollars, is warning that this “catastrophic blow” to the petrodollar amounts to nothing less than “all-out war” against the West and that an “Armageddon... 

A stunning report prepared by the Ministry of Foreign Affairs (MoFA) outlining the agenda of Foreign Minister Sergey Lavrov for his meeting today with US Secretary of State John Kerry at the Hague Nuclear Security Summit reveals that President Obama is still in “shock” after being ordered by the Chairman, President, and CEO of Exxon Mobil Corporation, Rex Tillerson, to allow Russia’s annexation... 

The US seeks to lift limitations on its LNG deliveries to Europe and strengthen competition in European energy markets. It’s to break the EU’s dependence on Russian gas, as “the Russians overplayed their hand”, says US Senator Richard G. Lugar. “In the past, Moscow showed itself quick to use energy as a club to punish and coerce its neighbors — but the Russians overplayed their hand,”... 

In what can only be described in the most astounding of terms, the Kremlin is reporting this week that the world’s largest corporation, American-based Exxon Mobil, has signed a deal with Russia allowing it to flee the United States in exchange for trading its vast oil and gas reserves in Texas and the Gulf of Mexico and gaining for itself exclusive drilling rights in the vast untapped regions of...