Rex Tillerson, Exxon Mobil’s chairman and CEO, said the company’s Russian projects were moving ahead

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Exxon Mobil puts Ukraine gas prospect on hold March 5 2014

Rex Tillerson, Exxon Mobil’s chairman and CEO, said the company’s Russian projects were moving ahead.

“As for the current situation, obviously it’s early days,” he said. “There’s been no impact on any activities or plans at this point, nor would we expect there to be any, barring governments taking steps beyond our control.

“In terms of our view of country risk, geopolitical risk, other than things like sanctions, we don’t see any new challenges out of the current situation,” he said.

Exxon Mobil signed a giant joint venture agreement with Russia’s Rosneft in 2011 that opened the way for exploration in seven Russian Arctic Sea areas, parts of Western Siberia and a strip along the Russian Black Sea near Crimea.

http://www.dallasnews.com/business/energy/20140305-exxon-mobil-puts-ukraine-gas-prospect-on-hold.ece

Exxon Mobil teams up with Russian company in Arctic deal 2011

MOSCOW -- Russia's state-owned Rosneft teamed up with U.S. company Exxon Mobil on Tuesday in a multibillion deal to develop offshore oil fields in the Russian Arctic -- one of the last regions with immense and untapped hydrocarbon deposits -- in return for access to resources in the Gulf of Mexico.

Exxon Mobil said in a statement that Tuesday's agreement includes $3.2 billion to be spent on exploring three giant undeveloped oil and gas fields in the Kara Sea -- between the northeastern corner of continental Russia and the Arctic archipelago of Novaya Zemlya -- in the Arctic as well as a sector in the Black Sea.

Russian Prime Minister Vladimir Putin, right, and Rex Tillerson, ExxonMobil's chief executive smile during a signing ceremony in the Black Sea resort of Sochi, Russia Tuesday. Russia's state-owned Rosneft teamed up with U.S. company ExxonMobil on Tuesday to develop huge offshore oil fields in the Russian Arctic in return for access to resources in the Gulf of Mexico.

http://www.cleveland.com/business/index.ssf/2011/08/exxon_mobil_teams_up_with_russ.html