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Vol. 16, No. 36 Week of September 04, 2011
Providing coverage of Alaska and northern Canada's oil and gas industry


Rosneft teams up with Exxon in Arctic

Russian company will get access to resources in Gulf of Mexico; initial developments will be in Kara Sea, could include Black Sea

Nataliya Vasilyeva

The Associated Press

Russia’s state-owned Rosneft teamed up with U.S. company ExxonMobil on Aug. 30 in a multibillion deal to develop offshore oil fields in the Russian Arctic — one of the last regions with immense and untapped hydrocarbon deposits — in return for access to resources in the Gulf of Mexico. Because Rosn....

    [additional news subjects in this story]

Kara Sea exploration

Other projects could be involved

Putin: ‘strategic partnership’


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