U.S fines ExxonMobil over Ukraine related sanction violations

22 July 2017, Sweetcrude, Lagos — The U.S. Treasury Department on Thursday announced a civil penalty against Exxon Mobil Corp (XOM.N) and its U.S. subsidiaries for violating sanctions regulations related to Ukraine in May 2014, imposing a $2 million fine on the company. Treasury’s Office of Foreign Assets Control (OFAC) found ExxonMobil had not voluntarily […] More »