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Coral Energy, a Dubai-based oil trader and storage company, has hired Mercury Public Affairs for Washington representation.
The company is among the United Arab Emirates and Saudi Arabian energy companies to purchase heavily discounted Russian crude oil, according to the Wall Street Journal.
The Persian Gulf countries use the cheap Russian oil for internal use and refining, while exporting their own barrels at higher market rates.
Since Russia invaded Ukraine, a move that triggered sanctions from the US and European Union, Coral Energy has handled dozens of shipments of Russian oil to Turkey, Tunisia and some European nations.
Mercury has Toby Moffett, former Connecticut Democratic Congressman; and Bryan Lanza, communications director for the Trump transition team, handling Coral Energy.
Omnicom owns Mercury.
Mercury has landed a $900K one-year pact to represent Gecamines, the cobalt and copper mining giant that is owned by the government of the Democratic Republic of the Congo.
Kyivstar, Ukraine’s largest telecommunications network, which suffered a massive Russian cyberattack in December, has hired FTI Government Affairs for representation in Washington.
Zeno Group has signed a one-year contract to provide PR strategy and counsel to the Singapore e-commerce platform of China’s Alibaba Group, the multinational retail, internet and technology behemoth.
Edelman has picked up an additional $500K worth of work to provide COP28 press office support for Abu Dhabi Future Energy Company-Masdar.
Invariant is providing DC representation to Arm Holdings, the British semiconductor design company that completed a blockbuster $5B IPO on the NASDAQ on Sept. 14.
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