Eye on the Classics

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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.

Dubai-International-Capital
22 October 2014 - 7:04 AM
Dubai International Capital should complete the sale of the two main assets in its portfolio within 18 months, to cover its outstanding debt.
Christophe-de-Margerie
22 October 2014 - 7:03 AM
Russian investigators have said "criminal negligence" caused the crash at a Moscow airport that resulted in the death of Total's chief executive.
oil copy
22 October 2014 - 7:03 AM
Oman Oil Company is in talks with Occidental Petroleum to buy its assets in the country.
22 October 2014 - 7:06 AM
In more fallout from 8 years ago, shareholders of Kuwait's Global Investment House have approved the write-off of $328 million of company's losses.
22 October 2014 - 7:04 AM
Dubai International Capital should complete the sale of the two main assets in its portfolio within 18 months, to cover its outstanding debt.
22 October 2014 - 7:03 AM
Russian investigators have said "criminal negligence" caused the crash at a Moscow airport that resulted in the death of Total's chief executive.
22 October 2014 - 7:03 AM
Oman Oil Company is in talks with Occidental Petroleum to buy its assets in the country.
21 October 2014 - 7:06 AM
Mubadala-owned Globalfoundries is to receive $1.5bn to take IBM’s loss-making semiconductor unit off its hands.
21 October 2014 - 7:05 AM
US plane manufacturer Boeing said on Monday that commercial financial institutions in the Middle East are increasingly funding the region’s record number of airplane deliveries.
21 October 2014 - 7:04 AM
Qatar World Cup 2022 soccer games could start as late as 2AM UAE time under one proposal made by Harold Mayne-Nicholls.
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