ExxonMobil defends purchase of Russia-loaded Kazakh crude on US sanctions guidance

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ExxonMobil defended March 11 its purchase of a tanker of Kazakhstan’s CPC crude oil being delivered to the UK’s Fawley refinery from the Russian port of Novorossiisk, saying Kazakh crude was excluded from US sanctions targeting Moscow. Following protests against the delivery by environmental group Greenpeace, ExxonMobil said the crude, derived from oil fields in Kazakhstan in which the US…