Not Logged In Log In   Sign Up   Points Leaders
Follow Us    7:24 PM

GasBuddy News Article

28
votes
Rosneft and Statoil in Arctic exploration deal

BBC News -- Russian oil giant Rosneft has signed a deal with Norway's Statoil to explore the sea around the Arctic.

It is the third deal Rosneft has signed in the past month, after Arctic exploration agreements with Italy's Eni and US giant Exxon Mobil.

Norway's state-held firm will get ownership of a third of a new joint venture that will explore one of Rosneft's fields in the Barents Sea.

The deals are a sign of Rosneft's growing global ambitions.

The Statoil agreement also covers three Rosneft blocs in the Far Eastern Sea of Okhotsk.

Some media reports put the value of the deal at about $2.5bn (£1.5bn) but Statoil told the BBC that it has "not given any valuation of the deal".


Read the Full Article

Submitted May 07, 2012 By: dasAuto
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Rosneft and Statoil in Arctic exploration deal Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
Jmac2008
Champion Author Missouri

Posts:4,432
Points:1,423,870
Joined:Dec 2008
Message Posted: May 7, 2012 5:16:41 AM

ok
Profile Pic
hogfan24
Champion Author Arkansas

Posts:4,770
Points:1,148,925
Joined:Dec 2011
Message Posted: May 7, 2012 5:14:45 AM

Ok
Profile Pic
Ziggy1962
Champion Author New Jersey

Posts:61,616
Points:2,461,015
Joined:Aug 2006
Message Posted: May 7, 2012 5:13:16 AM

Ok.
Profile Pic
DozenSpeed
Champion Author St. Louis

Posts:1,293
Points:392,000
Joined:Sep 2011
Message Posted: May 7, 2012 5:11:04 AM

Cycle comin' 'round...
Profile Pic
Pozole
Champion Author Portland

Posts:17,069
Points:2,245,645
Joined:Mar 2005
Message Posted: May 7, 2012 5:09:35 AM

...a spill under the ice would be totally devastating...stop the madness...
Profile Pic
LogansGasPrices
Champion Author Indiana

Posts:1,978
Points:1,586,320
Joined:Sep 2005
Message Posted: May 7, 2012 5:09:27 AM

Drill
Profile Pic
gravityhurts
Champion Author North Carolina

Posts:5,625
Points:1,519,445
Joined:Sep 2008
Message Posted: May 7, 2012 5:02:49 AM

Drill baby!
Profile Pic
humblepie
Champion Author Toledo

Posts:58,715
Points:3,023,695
Joined:Mar 2006
Message Posted: May 7, 2012 5:00:22 AM

but we have wind and solar
Profile Pic
wegman
Champion Author Twin Cities

Posts:10,423
Points:2,726,905
Joined:Jun 2001
Message Posted: May 7, 2012 4:57:48 AM

I would NOT trust my Russian 'partners'.
Profile Pic
gabbygusIN
Champion Author Indiana

Posts:9,991
Points:2,210,650
Joined:Oct 2008
Message Posted: May 7, 2012 4:57:30 AM

More oil for China!!
Profile Pic
TuanCanCook
Champion Author Los Angeles

Posts:237,656
Points:1,302,240
Joined:Jun 2011
Message Posted: May 7, 2012 4:53:45 AM

$$$$$
Profile Pic
Beau2140
Champion Author New York

Posts:10,976
Points:2,293,035
Joined:Oct 2008
Message Posted: May 7, 2012 4:48:40 AM

Big bucks.
Profile Pic
jetlagAK
Champion Author Anchorage

Posts:2,524
Points:723,330
Joined:Jan 2010
Message Posted: May 7, 2012 4:47:41 AM


Anyone Else 2012!
Profile Pic
wkb03
Champion Author Georgia

Posts:3,272
Points:1,000,000
Joined:Aug 2011
Message Posted: May 7, 2012 4:47:10 AM

Ok
Profile Pic
tomok
Champion Author Portland

Posts:44,411
Points:2,996,635
Joined:Aug 2006
Message Posted: May 7, 2012 4:46:46 AM

There is oil all over this world - find it, get it out of the ground and to market. It just so happens that the Arctic ice is melting and the next area to be heavily explored for oil.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost, if possible.
The price of fuel at the pump is too high!
12/22/2012!
Profile Pic
bart_reed
Champion Author Los Angeles

Posts:6,740
Points:1,436,715
Joined:Mar 2011
Message Posted: May 7, 2012 4:44:57 AM

More oil for export to China.
Profile Pic
ted4636
Champion Author Cleveland

Posts:6,253
Points:2,265,735
Joined:Jun 2007
Message Posted: May 7, 2012 4:44:55 AM

grease up the arctic
Profile Pic
Blismo
Champion Author Arizona

Posts:2,569
Points:498,810
Joined:Feb 2012
Message Posted: May 7, 2012 4:39:16 AM

k
Profile Pic
FrankTA2
Champion Author New York

Posts:6,848
Points:1,731,100
Joined:Jun 2007
Message Posted: May 7, 2012 4:38:32 AM

Whoever goes up there to drill will really be earning their salaries.
Profile Pic
fratt
Champion Author Grand Rapids

Posts:12,540
Points:3,293,135
Joined:Jul 2005
Message Posted: May 7, 2012 4:36:57 AM

Its all about the money.
Profile Pic
otis2010
Champion Author Toledo

Posts:5,734
Points:1,452,330
Joined:Dec 2010
Message Posted: May 7, 2012 4:36:00 AM

otay
Profile Pic
BigDogOH
Champion Author Cincinnati

Posts:11,267
Points:2,458,210
Joined:Mar 2008
Message Posted: May 7, 2012 4:35:53 AM

What are the Russians up to?
Profile Pic
ssnvet
Champion Author California

Posts:1,457
Points:106,295
Joined:Mar 2012
Message Posted: May 7, 2012 4:35:15 AM

This is getting very depressing.
Profile Pic
chuckwthompson
Champion Author Charlotte

Posts:6,535
Points:1,228,185
Joined:Sep 2011
Message Posted: May 7, 2012 4:34:41 AM

And here in the USA we are still waiting for our president to lead us! Don't hold your breath!
Profile Pic
DrCashFlow
Champion Author Massachusetts

Posts:9,702
Points:2,257,660
Joined:Jun 2008
Message Posted: May 7, 2012 4:31:07 AM

Look Who's president of Russia again.
Profile Pic
cheapertvs
Champion Author Richmond

Posts:13,145
Points:3,392,845
Joined:Jan 2004
Message Posted: May 7, 2012 4:20:38 AM

The Russians are trying to control Artic oil for a reason.....
Profile Pic
joko0
Champion Author New Jersey

Posts:2,492
Points:967,140
Joined:Oct 2008
Message Posted: May 7, 2012 4:19:25 AM

More oil on the world market is a good thing.
Profile Pic
passin_gas2011
All-Star Author Ohio

Posts:806
Points:210,515
Joined:Sep 2011
Message Posted: May 7, 2012 4:19:02 AM

well ok good
Profile Pic
twobroke61
Champion Author Michigan

Posts:11,135
Points:2,236,165
Joined:Sep 2008
Message Posted: May 7, 2012 4:10:55 AM

good
Profile Pic
JSX515
Champion Author St. Louis

Posts:6,445
Points:1,450,840
Joined:Feb 2011
Message Posted: May 7, 2012 4:04:09 AM

Drill it.
Profile Pic
dave12
Champion Author Twin Cities

Posts:5,809
Points:2,481,065
Joined:Nov 2005
Message Posted: May 7, 2012 4:04:05 AM

Do they mean the despot will return to the presidency in a few days?
Profile Pic
Dsin44
Champion Author Abbotsford

Posts:1,346
Points:309,640
Joined:Apr 2011
Message Posted: May 7, 2012 4:01:06 AM

good for them
Profile Pic
VetteFan
Champion Author Indiana

Posts:11,318
Points:2,405,725
Joined:Aug 2005
Message Posted: May 7, 2012 4:00:54 AM

Desperate times calling for desperate measures?
Profile Pic
sdchris
Champion Author San Diego

Posts:2,652
Points:894,325
Joined:Jun 2008
Message Posted: May 7, 2012 3:59:51 AM

ok
Profile Pic
SteveMartin
Champion Author New Orleans

Posts:7,003
Points:1,503,910
Joined:May 2008
Message Posted: May 7, 2012 3:54:21 AM

k
Profile Pic
gudrench
Champion Author Houston

Posts:2,623
Points:530,565
Joined:Mar 2003
Message Posted: May 7, 2012 3:54:10 AM

OK
Profile Pic
2bigtanks
All-Star Author Akron

Posts:772
Points:371,610
Joined:Jun 2011
Message Posted: May 7, 2012 3:48:06 AM

OK
Profile Pic
1heatguy
Veteran Author Wisconsin

Posts:311
Points:156,545
Joined:Jan 2012
Message Posted: May 7, 2012 3:47:24 AM

Whatbto wright,what to write.
Profile Pic
vulcan96
Champion Author Ohio

Posts:27,181
Points:3,133,135
Joined:Aug 2004
Message Posted: May 7, 2012 3:39:58 AM

what is that dead/rotten smell in the air????
Profile Pic
panda317
Champion Author Tampa

Posts:5,011
Points:1,340,000
Joined:Aug 2002
Message Posted: May 7, 2012 3:38:54 AM

ok
Profile Pic
todayilearned
Veteran Author Tucson

Posts:289
Points:61,390
Joined:Apr 2012
Message Posted: May 7, 2012 3:37:23 AM

Will this affect US?
Profile Pic
afghaned
Champion Author Ottawa

Posts:15,521
Points:1,936,840
Joined:May 2004
Message Posted: May 7, 2012 3:29:34 AM

Russia is a big exporter of oil.
Profile Pic
Gasazhunter
Champion Author Phoenix

Posts:6,877
Points:1,650,395
Joined:May 2010
Message Posted: May 7, 2012 3:27:38 AM

We get nothing.
Profile Pic
yonasb
Champion Author Houston

Posts:3,463
Points:852,575
Joined:Apr 2011
Message Posted: May 7, 2012 3:23:19 AM

Ok
Profile Pic
nfldude
Champion Author San Diego

Posts:9,186
Points:1,082,955
Joined:Dec 2011
Message Posted: May 7, 2012 3:18:31 AM

Will they slant drill to suck up oil under ANWR since the USA does not want to drill there, just like China in Cuban waters off south Florida
Profile Pic
wilbur_gas
Champion Author Los Angeles

Posts:2,547
Points:1,156,200
Joined:Mar 2011
Message Posted: May 7, 2012 3:13:29 AM

Remember not all foreign oil comes to the USA unless we are a higher bidder.
Profile Pic
Killerbabydoll
Champion Author Tucson

Posts:1,688
Points:819,205
Joined:Sep 2010
Message Posted: May 7, 2012 3:10:03 AM

and
Profile Pic
HIDDEN_DEATH
Champion Author Boise

Posts:1,372
Points:355,415
Joined:May 2011
Message Posted: May 7, 2012 3:09:50 AM

ok
Profile Pic
runner74
Champion Author Washington

Posts:5,511
Points:1,220,365
Joined:Jun 2011
Message Posted: May 7, 2012 3:09:37 AM

ok
Profile Pic
nurdco
Champion Author Colorado Springs

Posts:12,997
Points:2,344,515
Joined:Apr 2008
Message Posted: May 7, 2012 3:09:12 AM

No USA effect
Profile Pic
findcheap
Champion Author Los Angeles

Posts:12,347
Points:2,660,840
Joined:Apr 2007
Message Posted: May 7, 2012 3:07:28 AM

Russian already produces much of the crude; they r experts at it
Profile Pic
SteelPenny
Champion Author Dallas

Posts:37,300
Points:3,254,865
Joined:Sep 2005
Message Posted: May 7, 2012 3:05:07 AM

Right.
Post a reply Back to Topics