- Exxon Mobil (XOM -0.2%) is deepening its ties with Russia despite western unhappiness over the country's actions in Ukraine, today signing a pact with Rosneft (RNFTF) to team up for drilling in the Arctic and Siberia and liquefying natural gas for export in Russia’s Far East.
- XOM is among U.S. oil producers that ignored State Department pressure to skip the International Economic Forum this week in St. Petersburg, betting the Ukraine crisis eventually blows over.
- U.S. and European energy producers hold equity partnerships in Russian oil and gas worth at least $30B, led by BP’s near 20% stake in Rosneft, Total's stake in gas producer Novatek and a gas project operated by Royal Dutch Shell.
From other sites
at MarketRealist.com (Mar 23, 2015)
at Nasdaq.com (Mar 23, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs