Source:
https://scmp.com/business/commodities/article/1500359/exxons-arctic-oil-drilling-plans-threatened-us-sanctions-russiaCommodities
Exxon's Arctic oil drilling plans threatened by US sanctions on Russia
ExxonMobil has formed a global alliance with Russia's Rosneft.
ExxonMobil's dream of drilling in the Russian Arctic may risk running aground on the politics of Ukraine.
The company plans to start drilling in August in the Arctic's remote Kara Sea in August - the centrepiece of Exxon's global alliance with Russian state-controlled Rosneft. The partnership, which includes shale exploration in Siberia and joint venture fields in Texas, will come under greater scrutiny after the US placed sanctions on Rosneft's chief executive Igor Sechin.