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Tag: Arctic Oil Reserves

Space & Light (CC BY-SA 2.0)

Russia and Exxon Mobil Sign Arctic Oil Deal

In a bid to remain the world’s top oil producer, Russia is partnering with Exxon Mobil and a number of other foreign oil companies to develop plans to get at reserves deep beneath the Arctic crust as early as 2020.

Posted on May 25, 2012 READ MORE

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