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@EM, Jan 9, 2017 at 11:38 PM

Your link. Was it TL,DR for you?

...But Exxon Mobil’s high-tech rig was already drilling in the Kara Sea, in an unfinished $700 million project that had yet to find oil. It would be worthless if not completed.

Russian executives then told Exxon Mobil that Russia’s security services would fly in a Russian crew — in essence seize the rig — if Exxon Mobil complied with the American law and left without completing the well, according to an oil company executive who had visited the rig in the Arctic.

Exxon relayed the threat to the American government, and the (Obama) Treasury Department capitulated, granting an extension that stretched the window to work until Oct. 10. In a statement in 2014, the Russian state oil company denied conveying such a threat to Mr. Tillerson’s company.

With the extension in hand, Exxon Mobil discovered a major field with about 750 million barrels of new oil for Russia a few weeks later. Igor I. Sechin, the chief executive of the Russian state oil company, called the newly discovered oil field Pobeda — Russian for victory.

It is one of the Arctic developments that Exxon Mobil has rights to work on should the sanctions be lifted.

Exxon Mobil has licence to drill, extract & sell. Russia will gain royalties, Exxon Mobil profits.

Not, as you claim, "Putin stands to gain half a trillion dollars. Worth a little hacking?" - do grow up and ditch the juvenile student politics.

Jan 10, 2017 at 12:48 AM | Registered CommenterPcar

Worth a little hacking?

Jan 9, 2017 at 11:38 PM | Entropic man

Yes! Major consumers and producers doing deals outside the control of OPEC, creates better price stability, which is good for long term financial development. OPEC had been doing very nicely out of Climate Science, until shale gas started to fuel the US Economy.

Not having the USA and Russia involved in "proxy wars" in Ukraine, Syria etc is worth many lives.

Jan 10, 2017 at 12:36 AM | Unregistered Commentergolf charlie

@EM

you bought into the Russian "hack"?

The really damaging DNC leaks are separate from HRC's private server used for State Department and worse comms - where supposedly not much in truth seems to actually have been exposed - which could be good and equally could be really bad - but best for all concerned that it's kept under wraps.

The DNC used gmail.
Alphabet executive chairman Eric Schmidt is a prominent Clinton supporter
You think Google don't know who accessed Podesta's email?

If there was hard evidence implicating the Ivans - we'd have seen it a month+ ago - as it stands - it's got to be either pitiful security (as Assange claims) or an inside job - or a bit of both - the truth being one place the Dems don't want to go - so blame the Russians.

You do know about Hilary's Russian Uranium deal?

I see Obamah seems to be setting himself up as a climate expert... and is kicking off with a screed that makes Al Gore look cerebral.

Jan 10, 2017 at 12:29 AM | Registered Commentertomo

I signed a 20p deal with Tescos over a can of beans.
Tescos and its chairman's profit was not 20p

"In exchange for the Arctic exploration, the Times reports, Exxon has given Rosneft the rights to some assets elsewhere in the World. It's not clear at present if any of these points will be in Texas or the Gulf of Mexico" 2011

Jan 10, 2017 at 12:13 AM | Registered Commenterstewgreen

Golf Charlie

If one assumes Putin sanctioned the apparent hack, did he do it for personal or National benefit? Or did Team Clinton just seem like a worse prospect?

Jan 9, 2017 at 4:56 PM | Unregistered Commentergolf charlie

A $500 billion deal between Exxon and Russia was blocked by Obama's sanctions. Hilary Clinton would probably have continued the sanctions.

If Trump and his ex-Exxon Secretary of State stop the sanctions Putin stands to gain half a trillion dollars. Worth a little hacking?

Jan 9, 2017 at 11:38 PM | Unregistered CommenterEntropic man

@stewgreen, Jan 8, 2017 at 11:09 AM

Russia may or may not have hacked US political email addresses.
But right now RussiaToday are doing a rebuttal of the 25 page report and started by showing it contains enough date and name errors to look like it was written by interns.


Video: RT.America.CIA.Report.On.Russian.Hacking.Presidential.Election.January.06.2017

"Intelligence report on Russian hacking focuses instead on RT reporting"

The US intelligence community has declassified its report concerning the supposed 2016 “election hack.”

The highly anticipated report was released ahead of time and contained 12 pages devoted to RT and its coverage of the election. The report cites multiple corroborating - but unnamed - sources noted for their expertise in “Russian behavior,” but presents no hard evidence.

RT America’s Alexey Yaroshevsky joins RT’s Manila Chan to bring us the details.

Interesting. Another nail in Obama's coffin?

Jan 9, 2017 at 9:53 PM | Registered CommenterPcar

Martin Lewis show 8:14pm
"1 in 4 solar panel packages fitted wrongly with meter running backwards"
People think they gaining fantastic credit when they are not.

"unexpected electricity bills retrospectively once their supplier finds out that their meter is going backwards."
Which Mag
...mse forum

Jan 9, 2017 at 8:47 PM | Registered Commenterstewgreen

With you Gwendolyn I lose no sleep. With you I have come to realize we disagree upon many things (cabbages and Kings?) but there is no rancor. We can even find humour in our differences. Long may it remain.

Jan 9, 2017 at 6:44 PM | Unregistered CommenterSupertroll

My only intention was to inform gC that I disagreed with him (which he may or may not have appreciated) .

Jan 9, 2017 at 4:55 PM | Supertrol

I did appreciate it! There is no need for either of us to lose any sleep over a disagreement!

Jan 9, 2017 at 5:15 PM | Unregistered Commentergolf charlie

We fired the tailors and didn't pay them after we received a note saying
"Here's proof that the Emperor's new suit is a scam
... Signed the small boy"
You say "Ah the proof is good, but Putin gave the small boy the info"

What would I do ? Pay the tailors and get them to continue the job ?

Jan 9, 2017 at 4:57 PM | Registered Commenterstewgreen

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