Glenn Waller

Exxon Heading Back To The Arctic Once Russia Sanctions Are Lifted

Russian President Vladimir Putin, left, and Exxon 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-Novost)
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.