Rosneft, Statoil in Deal to Develop Arctic Fields

Russia’s decision to give China a share of prized Arctic exploration licenses as part of a “breakthrough” deal signals how the world’s largest oil and gas producer and the biggest energy consumer are redrawing the global energy map.

MOSCOW (AP) -- Russia's state-owned Rosneft teamed up with U.S. company Exxon Mobil on Tuesday 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....

MOSCOW (AP) -- Russia's state oil company Rosneft has announced the signing of a deal with Norway's Statoil to jointly develop deposits in Russian sections of the Barents and Okhotsk seas....

Russia's state oil company Rosneft has announced the signing of a deal with Norway's Statoil to jointly develop deposits in Russian sections of the Barents and Okhotsk seas.

Russia's state-owned Rosneft teamed up with U.S. company ExxonMobil on Tuesday in a multibillion deal to develop offshore oil fields in the Russian Arctic.

MOSCOW (Reuters) - Italy's Eni and Rosneft are expected to agree on Wednesday to search for oil and gas in the Russian Arctic, in Russia's second major offshore deal in two weeks after U.S. ExxonMobil joined forces with the state oil firm. Under the pact, to be signed in the presence of prime minister and president-elect, Vladimir Putin, Eni will also work with Rosneft to develop acreage in the Black Sea that U.S. Chevron Corp had abandoned. ...