Exxon reaches Arctic oil deal with Russia

MOSCOW -- Exxon Mobil won a coveted prize in the global petroleum industry Tuesday with an agreement to explore for oil in a Russian portion of the Arctic Ocean that is being opened for drilling even as Alaskan waters remain mostly off limits. The agreement seemed to supersede a similar but failed ...

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Associated Press Featured Articles ... DAVOS, Switzerland (AP) — Exxon Mobil Corp. signed a deal with Russia's Rosneft on Thursday to develop oil and gas resources in the ...

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