- Rosneft (OTCPK:RNFTF) will continue drilling in the Arctic Kara Sea on its own, despite the departure of its partner, ExxonMobil, due to sanctions.
- "We will continue drilling in any case, on our own, always and everywhere. If partners can take part - that's good, if they can't - we will carry on alone," says Rosneft CEO Igor Sechin.
- Exxon suspended its partnership with Rosneft in the Arctic due to U.S. sanctions over Moscow's involvement in the conflict in Ukraine.
Rosneft to continue drilling in Arctic
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Symbol | Last Price | % Chg |
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RNFTF | - | - |
Public Joint Stock Company Rosneft Oil Company |