Bloomberg Exxon Mobil Corp. won’t be allowed to bypass US sanctions against Russia to resume drilling for oil in a joint venture that seeks to tap billions of barrels of that country’s crude. Treasury Secretary Steven Mnuchin said the decision was made after consultation with President Donald Trump, according to a statement. Exxon initially requested the drilling waiver in ...

  Bloomberg BP Plc’s 2010 Gulf of Mexico oil spill caused damage to beaches, animals, fish and coral that the public values at $17.2 billion, according to a financial accounting released on the seventh anniversary of the disaster. The tally, published in the journal Science, is based on a survey of thousands of Americans that asked what they’d be willing ...

  Bloomberg Samsung BioLogics Co., an arm of South Korea’s biggest conglomerate, said it is in negotiations to manufacture drugs for more than 15 international pharmaceutical companies as it tries to expand in the growing industry for complex biologic medicines. The talks mostly involve US and European firms, Chief Executive Officer Kim Tae-han said in an April 19 interview at ...