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Montevideo, April 27th 2024 - 05:11 UTC

Tag: ExxonMobil - Rosneft

  • Wednesday, February 11th 2015 - 15:31 UTC

    Arctic oil on life support

    The Anglo-Dutch company failed to achieve permits on time, had its drill ships run aground, and saw its oil spill containment dome “crushed like a beer can”

    Oil companies have eyed the Arctic for years. With an estimated 90 billion barrels of oil lying north of the Arctic Circle, the circumpolar north is arguably the last corner of the globe that is still almost entirely unexplored.

  • Sunday, June 1st 2014 - 12:59 UTC

    Exxon, BP defy White House and extend partnership with Russia

    ”(They're) eager to continue work on projects in Russia,” Russia's Energy Minister Novak said of ExxonMobil and Shell

    Several of the largest oil companies in the world are doubling down in Russia despite moves by the West to isolate Russia and its economy. ExxonMobil and BP separately signed agreements with Rosneft – Russia's state-owned oil company – to extend and deepen their relationships for energy exploration.