Exxon Mobil in deal with Russia

The Russian President found an unlikely ally yesterday in its economic war with the United States: American energy giant Exxon Mobil.

Putin gave the go-ahead for Exxon’s joint venture in Russia to begin drilling in the Arctic circle. Exxon’s deal with Rosneft was signed before the US imposed sanctions on Russia’s oil industry.

petrol-pump
18 December 2014 - 7:05 AM
Abu Dhabi National Oil Company is taking over 25 dormant petrol stations in the Northern Emirates from previous operator Enoc, who shut them in 2011.
stock-market
18 December 2014 - 7:04 AM
The UAE’s stockmarket regulator has defended stockbrokers for selling shares of clients who were trading with borrowed money.
wind energy
18 December 2014 - 7:04 AM
Green energy companies are emerging as the latest victims of the recent oil price slump.
18 December 2014 - 7:06 AM
Cluttons has become the latest property firm to predict a dip in Dubai rents and house prices.
18 December 2014 - 7:05 AM
Abu Dhabi National Oil Company is taking over 25 dormant petrol stations in the Northern Emirates from previous operator Enoc, who shut them in 2011.
18 December 2014 - 7:04 AM
The UAE’s stockmarket regulator has defended stockbrokers for selling shares of clients who were trading with borrowed money.
18 December 2014 - 7:04 AM
Green energy companies are emerging as the latest victims of the recent oil price slump.
17 December 2014 - 6:58 AM
Senior UAE officials tried to calm the market with a series of public statements yesterday.
17 December 2014 - 6:58 AM
Abu Dhabi’s new financial centre has added another big international name to its roster, hiring Hector Sants as advisor to Abu Dhabi Global Market.
17 December 2014 - 6:56 AM
The sell-off in UAE stocks continued yesterday, with markets in Dubai and Abu Dhabi both down about 7%.
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