Exxon Heading Back To The Arctic Once Russia Sanctions Are Lifted

The move comes as Exxon CEO Rex Tillerson has emerged as President-elect Donald Trump’s likely nominee for Secretary of State.

Russian President Vladimir Putin, left, and Exxon Mobil Corp. CEO Rex Tillerson shake hands at a signing ceremony of an agreement between state-controlled Russian oil company Rosneft and Exxon Mobil corporation at the Black Sea port of Tuapse, southern Russia, Friday, June 15, 2012. (AP Photo/RIA-Novosti, Mikhail Klimentyev, Presidential Press Service)

ExxonMobil will return to its Arctic partnership with Russian state-owned oil company Rosneft once the US government lifts sanctions against Moscow, a top executive said earlier this year. According to a Reuters report from April, Glenn Waller – who heads up Exxon’s operations in Russia – announced that the US oil giant had not given up on its

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Defying Russian Govt & Oil Giants, Greenpeace Enters Arctic Waters

The Russian Arctic National Park—termed the ‘Pearl of the Arctic’—is an important habitat for narwhals, polar bears, and whales.

A 160-foot Greenpeace ship, the Arctic Sunrise and the environmental group's helicopter tries to block the movement an offshore drilling rig. (AP Photo/U.S. Coast Guard)

Defying orders from Russian authorities to stay out, a Greenpeace boat entered the Northern Sea Route off Russia’s coastline Saturday to stage a peaceful protest against dangerous plans on the part of oil giants Rosneft and ExxonMobil to drill near the Russian Arctic National Park. The entry is a bold challenge to Russia's collusion with the oil

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