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ExxonMobil (XOM) and Rosneft agree to begin drilling in western Siberia in 2013 as the two oil...

  • Friday, June 15, 2012, 9:24 AM ET
    ExxonMobil (XOM) and Rosneft agree to begin drilling in western Siberia in 2013 as the two oil majors continue a collaboration begun last year. XOM will own ~33% of the development and contribute technology and expertise under a new agreement to develop tight oil reserves. The two companies will set up an Arctic research and design center for offshore development.
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This news story has 2 comments:

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    Does anybody know further specifics? This sounds like an exciting opportunity and development. Long XOM
    15 Jun 2012, 09:31 AM Reply Like
  •  
    I missed it. When did the US military conquer Russia? That is supposed to be the only reason the struggling world deals with big oil.
    15 Jun 2012, 03:13 PM Reply Like
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