In a move that has drawn criticism from the White House and the international community, Exxon Mobil Corp. and BP -- two of the world’s largest petroleum companies -- have separately signed agreements to strengthen their ties with Rosneft, the Russian state-owned oil company. Both agreements were made despite the American and European sanctions
BP, Exxon Mobil Still Lining Up To Work With Russia
Despite U.S. and EU sanctions placed on Russia in response to the crisis in Ukraine, Western oil giants are inking deals with Russia’s state-owned oil corporation.