Irving-based ExxonMobil is
teaming up with Russian oil giant Rosneft to develop oil and natural gas fields
in Russia and North America. The deal is a major score for Exxon, granting the company
access to some of the world’s richest sources of crude oil and other
hydrocarbons in the Black Sea and the Russian Arctic. In turn, Rosneft
subsidiaries will take ownership stakes in three Exxon projects in the U.S. and
Canada.

Print Friendly