Saturday, September 24, 2022 Sep 24, 2022
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Business

Exxon Mobil Goes to Russia With Love

By Tim Rogers |

From the AP comes news a multibillion deal between Russia’s state-owned Rosneft and Exxon Mobil Corp. to develop offshore oil fields in the Russian Arctic. A Russian news outlet quoted Prime Minister Vladimir Putin as calling the amount of money at stake “scary.” (Not making that up.) When asked for a single word to describe the deal, Exxon Mobil CEO Rex Tillerson called it “bananas.” (Am making that up.)