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For Western Oil Companies, Expanding in Russia Is a Dance Around Sanctions

New York Times Original article ›

Keywords:


ExxonMobil's projects in Russia's east coast and Arctic seas following the Ukraine crisis and western sanctions

03/06/2014

ExxonMobil's partnership with Russia to explore for oil is not likely to be affected by the crisis in U.S.- Russian relations over Ukraine, according to Rex Tillerson, CEO of Exxon. Exxon needs to reverse declining production and Russia needs the foreign investment in oil exploration. Tillerson established the early links with Russia for oil exploration projects.

Grouped Articles

Exxon Says Russian Projects Remain on Track

Wall Street Journal 03/06/2014

Putin's Challenge to the West

Wall Street Journal 03/26/2014

Pride, Prejudice and Putin's Predation

Wall Street Journal 03/26/2014

Potential Crackdown on Russia Risks Also Punishing Western Oil Companies

New York Times 03/27/2014

Crimea Crisis Has Little Impact Thus Far on Russian Oil Deals

New York Times 03/28/2014

Competing Visions for Russia’s Economic Future

New York Times 05/22/2014

Western Europe and the natural gas/power supply links with Russia during the Ukraine crisis (1)- Italy's power company Enel, oil company Eni, and close ties to Gazprom going back to 2006

03/02/2006

Italy's close ties to Gazprom go back to policy since 2006. A similar policy followed by Germany. The interdependence of the economies of Western Europe and Russia create a different dynamic for Europe compared to the U.S. during the Ukraine crisis.

Grouped Articles

Enel Uses Every Tool to Tap Russia

Wall Street Journal 11/08/2007

Gazprom and Eni Plan Gas Pipeline in Libya

New York Times 04/09/2008

Russian Gas Proves Irresistible to Europe

Wall Street Journal 07/14/2006

Eni Outlines Plan To Raise Output At Existing Fields

Wall Street Journal 03/02/2006

How Italy's ENI Vastly Boosted Oil Output

BusinessWeek 04/09/2009

ENI to Sell Stake in Gazprom Oil Unit

Wall Street Journal 04/07/2009


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