patrick.net

http://www.fool.com/investing/general/2014/05/27/exxon-bp-defy-white-house-extend-partnership-with.aspx

Rosneft Russia's state-owned oil company to extend and deepen their relationships for energy exploration. The U.S. slapped sanctions on Rosneft's CEO Igor Sechin in late April, freezing his assets and preventing him from obtaining visas. However, the sanctions do not extend to Rosneft itself, allowing western companies to continue to do business with the Russian oil giant. ExxonMobil signed an agreement with Rosneft, extending its partnership to build a liquefied natural gas (LNG) terminal on Russia's pacific coast. Known as the Far East LNG project, the export terminal will receive natural gas from Russia's eastern fields as well as from...